On the go: The circa £13bn Royal Mail Pension Plan has hired BlackRock to handle £8.8bn worth of its defined benefit scheme assets as an outsourced chief investment officer. 

On the go: The Wm Morrison 1967 Pension Scheme has agreed a £762mn buy-in with Rothesay, securing the remainder of the liabilities for the 1967 section of the Morrisons Retirement Saver Plan.

ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, including Nest and Cushon looking to explore forestry investments, and the Greater Manchester Pension Fund committing to sustainable infrastructure.

On the go: The Tioxide Pension Fund has agreed to a £430mn buy-in with Legal & General.

On the go: The £10.4bn Merseyside Pension Fund has appointed Redington to act as its strategic investment adviser.

On the go: Two pension schemes sponsored by Gates Group, the Tomkins Schemes, have completed full buy-ins worth a combined £132mn with Pension Insurance Corporation.

On the go: The £13mn Musicians’ Union Permanent Officials and Staff Pension Fund has agreed a full buyout with Aviva.

On the go: The £4bn Balfour Beatty Pension Fund has signed a £1.7bn longevity swap transaction with Zurich Assurance and Scor.

On the go: The TT Group (1993) Pension Scheme has completed a £400mn buy-in with Legal & General, securing the benefits of around 5,000 retirees and deferred members.

On the go: Standard Life has embedded a range of sustainable multi-asset funds for its 1.5mn pension scheme members, with around £15bn of sustainable solutions investments now managed on their behalf.