Latest articles from Rachel So

St James’s Place shakes up fund manager arrangements

News on the go

On the go: St James’s Place Wealth Management, with £135.5bn in assets under management, has appointed new managers and terminated a manager for its newly rebranded UK fund. The manager uses a number of different advisers including Redington.

Commonwealth Bank of Australia scheme secures full buy-in

News on the go

On the go: The Commonwealth Bank of Australia (UK) Staff Benefits Scheme has agreed a circa £420m full buy-in with Legal & General Assurance Society. 

Reach Pension Plan joins new climate action group

News on the go

On the go: The Reach Pension Plan has joined new action group Climate Impact Initiative, which aims to encourage pension providers to make climate-friendly impact investment options available for all savers regardless of plan size.

Brunel pool to launch Paris-aligned passive fund

News on the go

On the go: The Brunel Pension Partnership has licensed a Paris-aligned index, which it will adopt for a passively managed fund that it will launch in September 2021.

Norfolk Council scheme extends investment consultancy framework

News on the go

On the go: Norfolk County Council, acting on behalf of its own circa £3.6bn pension fund and a number of other UK Local Government Pension Schemes, has announced an extension to the duration of the National LGPS investment consultancy framework as a result of the Covid-19 pandemic.

Ladbrokes Pension Plan agrees £420m buyout with Rothesay Life

News on the go

On the go: The Ladbrokes Pension Plan has agreed a full buyout worth £420m with Rothesay Life, the scheme confirmed to Pensions Expert’s sister publication MandateWire.

Ridgeon Group scheme completes £50m buyout with L&G

News on the go

On the go: The Ridgeon Group Pension and Life Assurance Scheme has completed a £50m buyout with Legal & General. Buck Consultants advised on the deal.

Church of Scotland schemes appoint XPS as joint adviser

News on the go

On the go: The £507.5m Church of Scotland pension schemes, comprising the scheme for ministers and overseas missionaries, the scheme for staff and the scheme for ministry development staff, have appointed XPS Pensions Group as their actuarial and investment adviser.

Now Pensions pledges to go net-zero by 2050

News on the go

On the go: Now Pensions has pledged to go net-zero by 2050, while also increasing its investments in sustainable assets. 

Brunel pool launches first fixed income portfolios

News on the go

On the go: The Brunel Pension Partnership has launched a passive gilts and a passive index-linked gilts portfolio in conjunction with BlackRock.