Economy

Trustees face a ‘divestment dilemma’ when seeking to mitigate the risks posed to UK pension schemes by climate change, according to a new paper published by Aon. This report explores in more...

The Bank of England has raised interest rates to 0.5 per cent making it the highest it’s ever been in over 30 years. This comes after an inflation increase of 5.4 per...

Trustees have criticised government plans to use £16 billion from the Local Government Pension Scheme for ‘levelling up’ projects, calling the proposals ‘ridiculous’ which could see these local authority schemes used as...

DB pension scheme deficits have continued to increase during January, despite rising bond yields. Figures from Mercer’s latest pension risk survey showed that deficits for the DB schemes of the UK’s 350...

The effects of climate change are becoming more palpable, and various stakeholders – including non-governmental organisations, investors, and communities – are increasingly turning towards climate litigation. Consequently, the number of climate change-related...

With the approval of several Covid-19 vaccines and the implementation of vaccination programmes around the world, economies began to fire up again after a year in the doldrums. This has meant capital...

Schroders is buying a majority shareholding in the renewable infrastructure manager, Greencoat Capital. Greencoat Capital has £6.7bn of assets under management and is one of the largest renewable infrastructure managers in Europe....

Most workplace pension savers want their default fund to be an ESG one, according to new research. Almost one in two savers (46 per cent) say these funds should look at sustainability...

Nest and UBS Asset Management have divested from five energy companies due to their lack of engagement around climate change. The largest is Exxon Mobil, with the four other companies being  Imperial...

The Government has launched a review of the state pension age, and will consider the merits of bringing forward the date at which this is increased to 68.  Currently a gradual rise...