TPT Retirement Solutions has launched two new sustainable investment options for its DC members.
These self-selection options are designed to give members greater choice of socially-responsible investment strategies, such as low carbon transition and positive impact investing.
These funds, which cover equity, bond and infrastructure assets, have been designed to appeal to different investment beliefs while meeting a range of risk appetites and financial goals.
The TPT Global Impact Equity Fund focuses on four themes including social inclusion and education, environment and resource needs, healthcare and quality of life, and financial inclusion. The fund invests in global companies with the aim of delivering positive change across these areas.
The TPT Global Impact Bond Fund seeks to invest primarily in debt issued by companies whose products and services address specific environmental and social challenges, including improving access to basic life essentials, reducing inequality and mitigating the effects of climate change.
TPT Retirement Solutions DC director Philip Smith says: “Our expanded range of investment options enables members to tailor their pension investments according to their social and environmental beliefs, specific financial objectives and risk preferences.
“The launch of the new funds demonstrates the ability of master trusts to offer greater diversification and innovation to scheme members. Not only will the allocation towards impact investment be beneficial to members, but it can also fund projects that improve communities and the environment.”