Aon has announced that its UK risk settlement team has surpassed £100bn in bulk annuity business placed, £100bn in longevity reinsurance business, and £100bn in transactions in which it has provided insurer due diligence advice.

Aon senior partner and UK head of risk settlement, Martin Bird, said the pension risk settlement market has evolved significantly over the past 15 years, supported by innovation and increasing insurer participation. The firm noted that 367 bulk annuity transactions were completed in 2025, reflecting growing activity among both smaller pension schemes and larger transactions. Meanwhile, Aon senior partner, John Baines, claimed that insurers are increasingly preparing for the first bulk annuity transaction worth more than £10bn.

Man Group has raised £362m for its open-ended Man RI Community Housing Fund 3 (CoHo 3), surpassing its original £300m target.

The fund will support the development of affordable and energy-efficient housing across England, with 384 homes already exchanged or under construction in locations including Wokingham and Northampton. Investors include several Local Government Pension Scheme funds. Oxfordshire Pension Fund has committed £55m to the strategy, while Wiltshire Pension Fund has also invested. Man Group managing director and head of community housing, Shamez Alibhai, said the fundraising demonstrated growing institutional investor demand for affordable housing assets that can provide long-term income while delivering positive social outcomes.

Sackers has launched a new environmental, social and governance (ESG) hub, bringing together the firm's guidance, commentary and insights into a single online resource.

The hub covers topics including climate-related disclosures, stewardship, nature-related risks, the Taskforce on Nature-related Financial Disclosures (TNFD) and wider ESG regulation. Developed using content from the firm's ESG publications produced over recent years, the hub reorganises information by theme, enabling users to quickly access the latest position on key topics, understand the background and policy context, and see what developments are expected next. Sackers said the resource has been developed in response to the increasing volume and complexity of ESG-related developments affecting pension schemes and other organisations. The firm added that the hub will be regularly updated to reflect new regulatory requirements, guidance and market developments.

People's Pension has rolled out personalised video statements to approximately 95 per cent of active members.

The refreshed statements, which combine personalised audio and on-screen information such as pension values, investment profiles and retirement projections, are designed to complement annual statutory communications. Other key features include a new visual design, clear projection of potential pot size and retirement income, and simple insights such as Savings Reward information. People's Pension chief commercial officer, David Meliveo, said the new-look statements represented “a significant step forward” in member engagement, while chief information officer, Nigel Rodgers, highlighted the potential for technology to improve how members interact with their retirement savings. The master trust plans to make the statements available through its member app later this summer.

M&G Investments has launched the M&G AAA EUR CLO Active UCITS ETF, providing investors with targeted exposure to European collateralised loan obligations (CLOs).

The fund launched with €200m of capital, including €180m from external investors, and is listed on the London Stock Exchange, Frankfurt's Xetra and Milan's Borsa Italiana. It is designed for professional investors seeking differentiated fixed-income exposure. M&G said the actively managed strategy draws on its 25 years of experience in private and structured credit markets and is designed to provide investors with access to diversified portfolios of senior secured corporate loans. M&G global head of client group, Neil Godfrey, noted that demand for dedicated European CLO strategies is growing as investors seek more targeted fixed-income exposure.

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