Legal & General Reinsurance (L&G) has launched what it claims is the UK's first pension risk transfer (PRT) execution platform to be driven by blockchain technology.

There has been a significant increase in the number of 'red flags' reported on pension transfers in the last 12 months by the XPS Pensions Group, which it said leaves millions of pounds at risk.

The majority of schemes are now using cashflow-driven investment (CDI) strategies as closures drive up the number of pensioners, AXA Investment Managers (AXA IM) research finds.

Independent Trustee Services (ITS) has become a fully independent firm after undertaking a management buyout from Mercer.

This week's top stories included Legal & General completing a record-breaking buyout with the Rolls-Royce UK Pension Fund, and the government setting out plans for flexible NHS pensions.

Aviva has split its life and general insurance business arms as part of a bid to make the company simpler and boost its competitiveness.

Claire Rankin and Brent Wright look at what trustees should focus on 12 months after the introduction of wide-ranging data regulations and TPR's cyber security guidance.

Trustees must have a "clear view" of the increasing number and sophistication of security risks, the Pensions Administration Standards Association (PASA) says as it launches guidance on cyber-security.

Arcadia has postponed votes on its seven company voluntary arrangement (CVA) proposals in order to "conduct further dialogue with a few landlords" in a bid to save the business from collapse.

The Rolls-Royce UK Pension Fund (RRPF) has insured benefits for around 33,000 pensioners in a record-breaking buyout with Legal & General (L&G).