This week's top story was British Airways' Airways Pension Scheme completing a £4.4bn buy-in with Legal & General, the market's largest ever single transaction, making 2018 a record year for bulk annuities.

Too much weight was placed on a test determining the manageable distance to self-sufficiency within 20 years for the Universities Superannuation Scheme (USS), a joint expert panel has concluded.

Andrew Warwick-Thompson is to step down from his role as chief executive of LGPS Central next spring, the £45bn pool has announced.

Trustees of the Airways Pension Scheme (APS) have confirmed they will appeal to the Supreme Court over a recent Court of Appeal judgment striking down their ability to award discretionary increases.

Pensions minister Guy Opperman says the new master trust regulations are vital to protect the pensions saving revolution of auto-enrolment.

Defined benefit (DB) consolidator Clara has named Alan Pickering as the inaugural chairman of its trustee board as it prepares for its first transaction.

Michelle Ostermann has been appointed as chief fiduciary officer for investments at RPMI Railpen, joining the Railways Pension Scheme's asset management arm at the start of next year.

Pension scheme trustees will be handed a fresh obligation to disclose to members how they take into account environmental, social and governance (ESG) issues when investing.

The government will not proceed with plans to aggregate pensions from multiple employers in a single defined benefit (DB) scheme when it is absorbed into the Pension Protection Fund (PPF).

The CMA investigation into the investment consultants and fiduciary managers market is drawing to a close. James Phillips looks at reaction to the provisional decision