Economy

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...

The Chancellor’s announcement of an increase in the charge cap for auto-enrolment pension schemes, above the current 0.75 per cent level, has been well-trailed.  The intention to encourage more pension money to...

The Chancellor has announced plans to address the ‘net pay anomaly’ which has seen many low-paid workers miss out on tax relief on their workplace pension contributions. However, pension experts have criticised...

Chancellor Rishi Sunak has announced a consultation on reforming the charge cap on DC workplace pensions in today’s Budget.  This charge cap is currently set at 0.75 per cent. In his budget...

UK pension schemes fund an estimated 330m tonnes of carbon emissions every year according to new research. This analysis, by the campaign group Make My Money Matter and research house Rote2, says...

The Financial Conduct Authority has opened the door to wider DC investment in illiquid assets by setting out a new regulatory regime for long term asset funds.  In order to facilitate this...