Economy

How will the regulator’s proposed ‘consumer duty’ rules differ from the ‘treating customers fairly’ regime?  We have yet to see the FCA’s draft proposals, which are expected to come into force next...

Priorities have shifted as a result of the pandemic, with employers’ and employees’ expectations changing significantly. For large multinationals, this has meant a rethink on benefit strategies and global solutions, such as...

In late September the UK government launched its first green gilt, raising £10bn from institutional investors in the process. This was a watershed move by the UK government and there is plenty of...

The FCA’s proposals on a new consumer duty come after several years of debate and deliberation. It stops short of imposing a fiduciary duty on financial services firms, but certainly raises expectations...

Over the next three years Scottish Widows will invest betwen £20bn and £25bn in companies that are pro-actively tackling climate change. The pensions and investment company says this includes at least £1bn...

Two defined benefit superfunds, Clara and the Pension SuperFund are poised to offer a new option for DB schemes and their members - at least as soon as The Pensions Regulator gives...

LifeSight master trust will invest almost $1bn (£734m) into a new climate transition index fund, which aims to rate individual companies on their ability to shift towards a low carbon economy. This fund...

All financial firms and FTSE-listed companies will be required to publish plans on how they plan to transition to net zero under proposed new rules from the Treasury. The plans, outlined at...

Aegon Asset Management has become the latest fund manager to sign up to the Net Zero Asset Managers initiative. Its parent company, Aegon NV has also signed up to the Net Zero...

DB pension scheme deficits continued to increase last month, driven by falling corporate bond yields and no let-up in inflation.  Mercer’s pensions risk survey shows that the scheme deficits of FTSE350 companies...