Simon Chinnery: Tilting at windmills
New rules mean trustees need to take a hard look at the way asset managers tackle environmental, social and governance (ESG) risks says LGIM’s Head of DC Client Solutions Simon Chinnery. What...
Investment
Armaments, climate change and voting strategy: ESG in DC Pensions report analyses asset managers
The armaments sector is more likely to be excluded from default funds operating an ESG approach than the fossil fuel sector, according to an indepth report, ESG in DC Pensions, from Corporate...
‘Alternative’ investments could boost DC returns by 10pc: research
New research suggests workplace pensions could boost returns by 10 per cent if they broadened the assets under management to include ‘illiquid alternatives’. This analysis was conducted by JLT Employee Benefits. It recommends...
LCP expands senior investment team
Pension consultants LCP have appointed Dan Mikulskis as a new partner in the company’s investment team. In this new role Mikulskis will be lead on the development of projects for both DB...
Schroders hires ESG specialist
Schroders has appointed a new ESG integration manager, to help it embed information on environmental, social and governance risk-factors across its investment teams. Schroders says this new appointment will help it better...
Seven-year jail terms for directors who “recklessly” mis-manage company pensions
Pension experts have given a cautious welcome to new government plans to make it a criminal offence to “recklessly” underfund a workplace pension. The work and pensions secretary Amber Rudd says that...
McPhail to chair new industry steering group
The new STAR steering group - set up to effect improve the transfers of pensions and investments - has appointed Tom McPhail, the head of policy at Hargreaves Lansdown as its founding...
DWP to widen DC investment choice and merge smaller schemes
The Department of Work and Pension is consulting on proposals designed to encourage DC pension schemes to invest in a wider range of assets. Under these proposals trustees of larger occupational DC...
Asset managers must set clearer benchmarks: FCA
The Financial Conduct Authority has ordered asset managers to provide clearer information on fund objectives and benchmarks, to help improve competition in this sector. The new rules are a result of its...
Mercer outlines JLT leadership roles
Mercer has made a number of senior appointments at Jardine Lloyd Thompson, the consultancy group it acquired last year. These appointments cover both UK and Europe. There will be three new appointments...
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