Asset managers are increasingly feeling the pressure from institutional investors including pension funds to address ESG issues and provide greater transparency on their efforts to tackle the risks, Russell Investments finds.

With under three-quarters of a year left for retendering exercises to be completed, capacity issues could arise and reduce choice, writes James Phillips.

Around £50bn of risk will be transferred to the bulk annuity and longevity swap market by the end of the year despite a slow start to the market, Aon says.

Trustees need to develop their understanding and capacity around ESG issues to be able to make better decisions for their members, The Pensions Regulator (TPR) says.

Massachusetts Mutual Life Insurance Company and GIC have agreed to purchase a 36% shareholding in Rothesay Life as Blackstone exits the investment.

Border to Coast Pensions Partnership has completed £500m of private equity investments with another £485m of commitments made by its partner funds.

Chris Keating has been appointed as pensions executive at Pegasus, the pensions governance business of Law Debenture.

Around 2,000 small schemes could see their levies cut as the Pension Protection Fund (PPF) consults on introducing a tapered approach to its risk-based levy while temporarily dropping its multi-year approach.

Mark Condron, Caroline Legg and Jill Mackenzie have been appointed as professional trustees at Capital Cranfield in response to growing client demand.

Pension contributions and class one employer National Insurance (NI) contributions remain payable by employers making use of the government’s coronavirus job support scheme.