UK - Lex Service Pension Scheme has appointed Aegon Asset Management to manage £57m in bonds.
The money is being invested in sterling corporate bonds and will be managed by Daniel McKernan, head of credit research at Aegon.
The trustees of the Lex Service Pension Scheme were advised by Mercer Investment Consulting.
Mandate wins for Aegon last year totalled more than £680m – a 65% increase on the previous year.
The fund manager currently has more than £15bn of fixed income assets under management, including £13bn in corporate bonds.
Hargreaves Lansdown and Liberty SIPP have again been named as the slowest two providers to move pensions through Origo's Transfer Service.
The Pensions Regulator (TPR) increased its use of frontline powers by 32% over the last year, it confirmed in its annual report and accounts.
The Pensions Regulator (TPR) is considering plans to combine its 15 codes of practice into a single, shorter code as part of its 'clearer, quicker and tougher' initiative.
HM Revenue and Customs (HMRC) does not know how many people it has fined for breaching pension tax relief rules, a Freedom of Information request has revealed.