Latest articles from Rachel So

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.

QinetiQ scheme completes buy-in with L&G

News on the go

On the go: The £2bn QinetiQ Pension Scheme has completed a £130m buy-in with Legal & General Assurance Society. LCP acted as the lead adviser on the transaction and provided derisking advice.

Railways scheme appoints L&G as flexible retirement solution provider

News on the go

On the go: The £32bn Railways Pension Scheme has appointed Legal & General to provide members with access to a drawdown arrangement within its WorkSave Pension Mastertrust.

M&S scheme appoints ESG reporting solutions provider

News on the go

On the go: The circa £11bn Marks and Spencer Group Pension Scheme, which recently commenced its latest triennial actuarial valuation, has appointed Northern Trust to provide a range of environmental, social and governance reporting solutions.

Morrisons’ pension schemes complete buy-ins

News on the go

On the go: The £5.1bn Morrison and Safeway Care Schemes, which include the Wm Morrison 1967 Section of the Morrisons Retirement Saver Plan and the Safeway Pension Scheme, entered into two new buy-in policies during the year to January 2021.

Industry body partners with Smart Pension to offer AE to architects

News on the go

On the go: The Royal Institute of British Architects has partnered with Smart Pension to create an auto-enrolment solution for RIBA’s architect practices, while moving its own defined contribution scheme to the master trust.

LGPS funds ramp up investments


Data crunch: Local Government Pension Scheme funds had a busy start to the year, with several new mandates awarded as transfers to pools accelerate.