On the go: The £2.9bn Pearl Group Staff Pension Scheme, one of Phoenix Group’s main pension schemes, has completed a second £998m buy-in with the group’s life assurance company, Phoenix Life.

On the go: The NFU Mutual Retirement Benefit Scheme, with £1.1bn in defined benefit assets and £206.2m in defined contribution assets, has appointed Trafalgar House to provide administration services, effective from July 1 2021.

On the go: The Signet Group Pension Scheme has completed a £236m full buy-in with Rothesay. Mercer was the lead broker on the transaction.

On the go: The Agriculture and Horticulture Development Board has appointed an actuarial adviser for its two legacy defined benefit schemes, the circa £25.4m Home-Grown Cereals Authority Pension Plan and the circa £203.2m Meat and Livestock Commission Pension Scheme.

On the go: The NatWest Group Pension Fund has entered into a joint venture partnership with Legal & General to invest £500m in net-zero-carbon ‘later-living’ housing.

On the go: The £1.7bn Thames Water Pension Scheme and the £770.9m Thames Water Mirror Image Pension Scheme have appointed Redington as their new investment adviser.

On the go: RPMI Railpen, the Railways Pension Scheme investment manager, has launched an internal trading desk to further enhance its in-house capabilities.

On the go: The Legal & General Group UK Pension and Assurance Fund has completed a £925m assured payment policy transaction with Legal & General Assurance Society.

Risk watch: A roundup up of the latest derisking transactions, including the Kingfisher scheme’s £900m buy-in with Aviva and the Londis scheme winding up after a bulk annuity transaction.

On the go: The circa £45m Leek United Building Society Pension and Assurance Scheme has joined the Enplan Pension Platform, which will provide governance, actuarial, investment and administration services to the scheme.