Mercer has closed its Private Investment Partners (PIP) V strategy, having successfully raised it with $2.7bn (£2.08bn) in total commitments.

The Pensions Regulator (TPR) has revealed 90% of people are saving into the largest master trusts, creating a “safe and stable” workplace pension market.

More than half (54%) of workers do not know the size of their pension pots, according to research by the Pensions and Lifetime Savings Association (PLSA).

The Pensions Regulator (TPR) is carrying out spot checks on the UK’s largest employers to protect savers and ensure staff continue to receive the pensions they are due.

Morgan Stanley Investment Management (MSIM) has launched a development fund focused on bottom-up stock selection of companies with sustainable competitive advantages and long-term growth.

River and Mercantile (R&M) has revealed it has been appointed to run a £1.16bn fiduciary mandate.

Analytical services company Camradata has published a white paper investigating how local authorities can act more responsibly with pension investments.

A group of London pension organisations have launched an investment fund focused on local housing, infrastructure and business.

The Church of England Pensions Board has selected the FTSE Transition Pathway Initiative (TPI) Climate Transition Index for a £600m mandate.

This week’s 102 Pensions Buzz respondents were in agreement that a permanent pensions commission should be formed.