US/UK - Franklin Templeton Investment Management's US government fund has seen its assets under management pass US$3bn (£1.9bn).
The fund, which invests in US Government National Mortgage Association (Ginnie Mae) bonds, is aimed at small schemes, as well as high net worth individuals.
Sales and marketing director Jamie Hammond said: “Ginnie Mae’s are backed by the full faith and credit of the US government – they have extremely competitive risk-adjusted returns and they offer a high level of diversification.”
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.