This week’s top stories included the Barclays Retirement Fund’s £5bn longevity swap, while LV= confirmed its long-awaited demutualisation with the sale of its pensions and insurance business.

More than half (59%) of schemes support the call for an extension of regulatory easements and flexibilities beyond early 2021, the Pensions and Lifetime Savings Association (PLSA) says.

The market events of 2020 could lead to a “fresh wave” of benefit reviews by UK companies and subsequent pension schemes closures, Aon says.

The most recent update from the Continuous Mortality Investigation’s (CMI) mortality monitor shows week-on-week death rates have begun to stabilise across England and Wales.

The Pension Protection Fund (PPF) has confirmed a number of key measures to support levy payers following support from its recent consultation on the introduction of a tapered approach.

The Continuous Mortality Investigation (CMI) has confirmed that it will modify the method used in the next version of its Mortality Projections Model due to the impact of Covid-19.

LV= has agreed to sell its remaining pensions and insurance businesses to private equity firm Bain Capital for £530m.

Substantial engagement from pension scheme members on ESG has not been matched by strategic change in defined contribution (DC) schemes, the Association of Consulting Actuaries (ACA) says.

Thirty asset manager have founded and signed up to a new sustainable investment initiative which aims to achieve net-zero portfolios by 2050 or sooner.

This week’s top stories include a buy-in from National Grid, a buyout from Aviva, and calls for vital automatic enrolment reforms to support pension savings in a coronavirus-damaged economy.