Covid-19 is exacerbating retirement insecurity across the globe and and is causing sustainability problems for the UK’s pension scheme. This was the conclusion from the Mercer CFA Institute Global Pension Index which compares...
The pensions of FTSE chief executives and directors have been significantly reduced as a result of shareholder pressure, according to new data. Figures from the Investment Association for the 2020 AGM season...
More than one in two middle-aged savers have not calculated when they can afford to retire, according to research. Aviva found that six out of 10 (63 per cent) mid-life adults, aged...
Legal & General Investment Management (LGIM) is moving the equity investments in all its main default funds across to its Future World fund range as part of its Climate Impact Pledge unveiled...
The pensions industry has been highly critical about plans floated by the government to allow first-time buyers to use pension savings for a house deposit. This suggestion was made by the pension...
The Bank of England's decision to cut interest rates in response to the coronavirus crisis have driven defined benefit deficits higher, with UK pension schemes facing a funding hole of £166.1bn by...
The Pensions and Lifetime Savings Association (PLSA) is calling for the establishment of a new regulatory framework to help savers with the complex decisions they face accessing their pension at retirement. The...
AJ Bell CEO Andy Bell has written to the newly appointed FCA chief executive warning proposed investment pathways could potential create a new misselling scandal. In the letter Bell highlights the “consumer...
Mercer has earned the highest PRI ranking for its responsible investment strategy. The Principles of Responsible Investment (PRI), which is supported by the UN, is an independent global body dedicated to promoting...
Technology that enables pension scheme members to vote on shareholder resolutions is being piloted by Legal & General Investment Management and is set for wider rollout due to the success of early...
