UK - KBC Asset Management is to become the sole distributor of Northern Trust's European manager-of-managers business in Ireland.
Experts estimate that inflows into multi-manager products within the Irish marketplace will be in excess of e1bn by 2007.
Head of Northern Trust’s European MoM business, Tony Earnshaw, said:
“This deal is in line with our strategy of partnering high quality third parties in order to build and distribute our MoM products and solutions to investors.”
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.
Over two years since the collapse of the high street giant, BHS pension scheme members will be able to put their anxieties to rest thanks to a bulk annuity deal. James Phillips explores the detail.