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...
TPT Retirement Solutions will be investing £54m from its default fund into into private equity. For investors at the growth stage, this means that 3.5 per cent of their funds are invested...
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...
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...
Pensions dashboards are on target to launch in 2023, according to the latest progress report. The Pension Dashboard Programme (PDP) confirmed that the main focus of its work over the past six...
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...
Schroders has bought River and Mercantile’s fiduciary management and derivatives business. The transaction is valued at about £230m. Schroders said this purchase of R&M’s UK Solutions Division will strengthen Schroders own fiduciary...
