Legal & General

The fund integrates Paris-aligned reductions in carbon emissions with UN sustainability principles

Provider and insurer also saw a 30% growth in AUM within its DC business

The houses will be delivered by an L&G-founded retirement homes provider

No two DB pension schemes in the UK are the same

It is the insurer’s third APP transaction and the largest APP transaction to date

L&G insures the benefits of around 1,200 members after working with the scheme for 12 years

Deferred members comprised the majority of the insured 530-person cohort

But the targets are supported when explained, with many considering divestment around climate change

Bulk annuity transaction insures more than 80 members and prepares scheme for buyout

This week’s top stories included Barnett Waddingham’s appointment of eight partners, while British Airways Pensions announced the outsource of in-house investment operations to BlackRock.