Latest articles from Rachel So

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

Bloomberg

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

UK LGPS Pool secures additional private markets commitments

News on the go

On the go: The Border to Coast Pension Partnership, which handles the assets of 11 local government pension schemes worth a total of around £55bn, has secured around £2.7bn of commitments for its latest round of private markets investments.

TUI pension schemes agree £800m buy-ins with L&G

News on the go

On the go: The circa €2.4bn (£2.1bn) TUI Group UK Pension Trust, comprising the BAL Scheme, TUI UK Scheme and TAPS Scheme, has secured two buy-ins worth around £800m with Legal & General Assurance Society.

London CIV launches Paris-aligned equities fund

News on the go

On the go: London CIV, which oversees £23bn on behalf of 32 London Local Government Pension Scheme funds, has launched an active equities fund that is aligned to the objectives of the Paris Agreement.

CII scheme completes full buy-in with L&G

News on the go

On the go: The Chartered Insurance Institute Pension Scheme 1993 has completed a £55m full buy-in with Legal & General Assurance Society.