Economy

The value of the average DB pension transfer has fallen to the lowest level for seven years, according to latest data from XPS Pension Group. According to these figures the value of...

The European Commission is proposing new regulation for ESG ratings and data providers, a move which have been welcomed by the fund management industry. These regulations are designed to address a lack...

Aegon UK has published its ‘climate roadmap’ setting out the company’s plans to reduce the carbon footprint of its investments.  This will start with its workplace default funds and include short-term emission...

The Pension Protection Fund should be turned into a ‘superfund’ to boost investments into the UK economy according to Tony Blair’s Institute for Global Change think tank. Its ‘Future of Britain’ initiative...

Hundreds of ETF funds have been downgraded from Article 9 to Article 8 after the EU introduced new rules on classifying sustainable investment funds. This reclassification followed the introduction of  'level 2’...

Two out of three advisers say their main role at present is providing reassurance and support to clients rather than recommending specific financial products or strategies.  Research by Royal London found that...

Former Labour chancellor Alistair Darling, and David Gauke — a former Conservative Secretary of State of Work and Pensions — will be involved in a new long-term review of the UK’s pension...

The Principle of Responsible Investment (PRI) — a UN-backed body — has said that additional work needs to be done to understand the materiality of ESG factors when assessing credit risk. This...

UK employers are putting people ahead of profit, with a change in corporate priorities since 2020, according to Aon’s latest wellbeing report.  This survey finds that attracting and retaining talent, and employee...

Policy inaction on carbon emission pricing is delaying a market-led transition towards a net zero world, which could have far-reaching economic and geopolitical consequences. These were the stark conclusions of a new...