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.

On the go: Fourteen pension schemes, which collectively manage nearly £270bn of assets, have committed to set net-zero targets to align their investment portfolios with a 1.5C pathway.

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.

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. 

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.

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.

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.

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.