On the go: A proposed £2.57bn cash acquisition by Cobham Ultra Acquisitions of Ultra Electronics Holdings will see the defence company’s defined benefit scheme receive an extra £100m in funding.

On the go: The Department for Work and Pensions has established a working group looking at options to develop the ‘statements season’ proposed in its recent simpler annual benefit statements consultation.

On the go: Daily Mail and General Trust pension schemes could stand to benefit from the £1.4bn sale of insurance risk business RMS to Moody’s that is part of a broader restructuring at DMGT.

On the go: The Pensions Regulator’s issuance of a warning notice against a scheme sponsor has been sufficient to restore parity between it and other creditors.

This week – PASA updates its guidance on GMP equalisation, master trust sector set to hit £461bn by 2029, ombudsman partially upholds a complaint against MyCSP, and DIY strategies are a ‘better way’ to do ESG investing.

On the go: More than a quarter of defined benefit pension schemes are only aiming for minimum compliance with new rules and regulations around climate change, the challenge of which should not be underestimated, LCP has warned.

On the go: Scheme members are paying more into their pensions in 2021 than in 2020, with the largest monthly contributions coming from the self-employed, according to figures from PensionBee.

The Pensions Administration Standards Association has updated its guaranteed minimum pension equalisation to account for the Lloyds 2020 judgment, setting out the role of transferring schemes and receiving plans in individual transfers.

Data crunch: The master trust sector is set to become the fastest-growing market segment in workplace DC by 2029, largely thanks to contributions from auto-enrolled members and consolidation of single employer trusts.

The Pensions Ombudsman has partially upheld a complaint brought against MyCSP, which administers Civil Service Pensions, for causing “significant distress” in its handling of an overpayment case.