There have now been more than 30 longevity swaps over £1bn publicly announced. The full list, provided by Willis Towers Watson and through PP research, is as follows...

Chair’s statements are failing to achieve the multiple policy goals they were designed for, the Department for Work and Pensions (DWP) has conceded.

Pension Insurance Corporation (PIC) has invested £37.5m in social housing with Wales and West Housing, supporting 2,500 new home builds.

Legal & General Investment Management (LGIM) has invested £85m in affordable housing in the North East of England on behalf of clients including pension funds.

Trustee time and resource is being eaten up by excessive requests for scheme data from company auditors, according to the Association of Professional Pension Trustees (APPT).

The Pensions Regulator (TPR) interim chair Sarah Smart has tried to reassure MPs that no conflict of interest will arise from her husband’s role at the British Airways pension schemes.

The Pensions Regulator (TPR) has failed to assuage concerns over its enhanced criminal sanctions regime with the industry continuing to call for clarity.

Schemes could be charged a £1.5bn bill to equalise past defined benefit (DB) scheme transfers after last year’s landmark GMP equalisation ruling, says Buck.

The Environment Agency Pension Fund (EAPF) will cut its carbon emissions by 50% from a 2010 baseline level by the end of this decade on its trajectory to net zero.

Pension schemes are increasingly seeking to provide additional support to members at retirement through online modellers and regulated financial advice, Aon says.