Scottish Widows has committed to target net zero by 2050 across its entire £170bn portfolio of investments, the first life insurer provider to do so. Scottish Widows says its pledge almost doubles...
The Pensions Regulator has warned that many trustees and managers of DC schemes are not paying proper attention to the risks and opportunities of climate change. Its annual survey of DC schemes...
There are mixed views on whether the new investment pathways, which go live today, will change demand for retirement advice, according to a new survey. Aegon found that almost one in two...
Pension schemes are being offered a new fund service which allows trustees to set their own voting preferences. This service, launched by AMX and asset manager DWS, in conjunction with Minerva Analytics...
Smart Pension is the latest provider to sign up to the Make My Money Matter campaign, committing to an investment approach that will achieves net zero emission well ahead of a 2050...
£2.4 billion was withdrawn from pensions flexibly in Q4 of 2020, a 6 per cent increase year-on-year from £2.2 billion withdrawn throughout the same months in 2019. But the average payment in...
The Investment Consultants Sustainability Working Group (ICSWG) has launched a guide to support trustees to assess their investment consultants on their climate competency. The ICSWG is a collaboration between 17 firms formed in...
Trustees of larger occupational pensions and authorised schemes could soon be required to calculate and publish their schemes’ carbon footprint under new government proposals. The Department of Work and Pensions is now...
Six out of 10 pension savers are supportive of the FCA’s new investment pathways according to new research. Legal & General Investment Management in association with NMG Consulting found 70 per cent...
Investors lost £78m in investment and pension ‘clone’ scams in 2020, according to the latest figures from Action Fraud. There has been a surge in this activity since the Covid crisis hit,...
