Data crunch: Derisking activity picked up in the third quarter of 2021, as bulk annuity transactions reached their highest point of the year.

A combination of the flat fees charging ban on pots worth less than £100 and an increase in consolidation schemes could reduce members value for money, the Pensions Policy Institute has warned.

On the go: The Reuters Supplementary Pension Scheme has agreed a circa £310m full buy-in with Legal & General Assurance Society.

CPD: With some pension schemes opting to outsource their entire investment portfolio instead of hiring a fiduciary manager, Rachel So explains what the differences are and how the CMA rules still apply in both cases.

On the go: The Local Pensions Partnership has announced it made £28.2m in cost savings for clients in the year to March 2021, bringing the overall total savings to £74m since inception in 2016.

On the go: The PerkinElmer (UK) Pension Scheme has completed a £130m full buy-in with Phoenix Group subsidiary Standard Life.

On the go: The £3.1bn Sanofi Pension Scheme has agreed a £760m buy-in with Legal & General Assurance. Separately, the scheme terminated an emerging market manager and replaced it with two new managers during 2020. 

On the go: The Miracle Garden Care Pension Scheme has completed a £49m buyout deal with Just Group.

On the go: The Metal Box Pension Scheme has completed a full £2.2bn buy-in with Pension Insurance Corporation, with plans to convert this to a buyout in November 2021.

On the go: The Selecta UK Pension Plan has completed a £250m full buy-in with Legal & General Assurance.