Latest articles from Sophie Wilcock

Railways Pension Scheme manager updates voting policy

News on the go

On the go: Railpen, the manager of the £35bn Railways Pension Scheme, has introduced new voting policies on cyber security, climate transition and biodiversity, and mental health for its 2023 annual meeting season.

Agfa UK Group Pension Plan signs £200mn buy-in

News on the go

On the go: The Agfa UK Group Pension Plan has completed a second annuity buy-in with Standard Life, covering the vast majority of the fund’s remaining liabilities.

Medway Packaging scheme completes full £52mn buy-in

News on the go

On the go: The Medway Packaging Pension Scheme has completed a full buy-in with Pension Insurance Corporation covering £52mn of liabilities.

London Pensions Fund Authority launches transparency dashboard

News on the go

On the go: The £6.9bn London Pensions Fund Authority has launched a transparency dashboard in partnership with fintech company Tumelo that displays a breakdown of its equity investments.

Mencap completes £61mn bulk annuity deal with Canada Life

News on the go

On the go: The circa £152.1mn defined benefit section of the Mencap Pension Plan has signed a £61mn bulk annuity transaction with Canada Life. 

LGPS funds finish 2021 with an increased ESG equity focus

iStock

Data crunch: Making a broad equity allocation without incorporating environmental, social and governance criteria is now almost anathema to local authority pension schemes, at least according to the data collected by MandateWire over the fourth quarter of 2021. 

LGPS funds eye alternative credit opportunities in Q3

Bloomberg

Data crunch: Local Government Pension Scheme funds targeted new strategic asset allocations in the third quarter, with many schemes increasing investments in illiquid and alternative assets while reducing equity allocations.

Supermarket pension schemes commit to net zero

News on the go

On the go: The Tesco Plc Pension Scheme and the Tesco Retirement Savings Plan, which together have assets of more than £24bn, have pledged to reach net zero by no later than 2050.

DB schemes’ derisking activity picks up in Q2

iStock

Data crunch: The second quarter of 2021 saw an increase in the number of bulk annuity deals signed by UK pension schemes, with many opting for contracts that can be extended in the future.

Haringey Council scheme commits to London Fund

News on the go

On the go: The circa £1.6bn London Borough of Haringey Council Pension Fund has invested £45m in The London Fund, the property and infrastructure fund established by the London CIV and Local Pensions Partnership.