Latest articles from Sophie Wilcock

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.

PLSA launches new RI standards at first ever ESG conference

Sunset, solar panels

The Pensions and Lifetime Savings Association is consulting on a new set of standards designed to help pension savers identify whether their schemes are meeting the highest standards for incorporating environmental, social and governance factors.

Dover Harbour scheme appoints fiduciary manager

News on the go

On the go: The £221m Dover Harbour Board Pension and Life Assurance Scheme has appointed River & Mercantile to handle its assets via a fiduciary management mandate following a search conducted in September last year.

AIB signs £61m buy-in with L&G after pioneering derisking solution

News on the go

On the go: The £1.1bn AIB Group UK Pension Scheme has agreed a £61m deal with Legal & General Assurance Society that will see a tranche of an existing assured payment policy converted into a buy-in policy.

DB derisking activity slows down

Pexels

Data crunch: Few defined benefit schemes signed bulk annuity deals in the first quarter of the year, with many building on existing arrangements.

Index funds present challenge for East Sussex scheme’s ESG aspirations

News on the go

On the go: The East Sussex Pension Fund was one of the first Local Government Pension Schemes in the country to carbon footprint its portfolio, and also one of the first to explore and adopt a climate-aware index.

Brunel pool lowers carbon intensity

News on the go

On the go: The Brunel Pension Partnership, composed of 10 Local Government Pension Schemes with around £30bn in assets under management, has reduced the carbon intensity of all its active portfolios and all but one of its index-tracking portfolios by at least 7 per cent compared with its 2019 baseline.