Time to ask more questions on ESG

Cover teaser May 2019

Regulatory developments, together with a general rise in public awareness of issues such as climate change, have helped move environmental, social and governance considerations up pension scheme agendas, but will greenwashing, lack of transparency and poor understanding hinder trustee efforts?

Global Pensions Wrap: May 18 edition

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A round-up of the global pensions industry stories published across the FT Group – from the activist wave hitting Japan's biggest companies to shareholders remaining indifferent to eye-watering pension awards at a UK bank.

PIPA 2019 winners revealed

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The 20th anniversary edition of the Pensions and Investment Provider Awards saw 25 companies crowned best in the business. Click here to see the full winners list.

Snaps from PIPA 2019

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Congratulations to all the 20th anniversary Pension and Investment Provider Awards winners, and thank you to everyone who made it a great night! Here are some snaps and tweets from the ceremony. 

DOIs: Could a cup of coffee lead to £1m DB fine?

A lack of clarity on proposed new legislation means a meeting over a cup of coffee to discuss a corporate transaction could cost an employer up to £1m in civil fines if a declaration of intent is not made in advance, according to law firm Pinsent Masons.

USS targets steady returns with KCom investment

Source: Bloomberg

The actions of bellwether schemes like the £64bn Universities Superannuation Scheme are always closely watched, but scrutiny on USS is particularly acute after widespread strike action last year. Last month, the UK’s largest private plan agreed a £504m cash takeover of telecoms business KCom.

Comment & Analysis

Schemes are now part of a sea change in ESG investing

Sophia Imeson

Editorial: Pension funds are set to engage with issues such as climate change more than ever before, as regulatory developments and increased awareness push environmental, social and governance considerations up the agenda.

Darbyshire joins LPP as head of pension admin

Jo Darbyshire

Data remains a key issue for pension funds, according to the Local Pensions Partnership’s Joanne Darbyshire.

First superfund transfers will put trustee decisions under spotlight

Jo Cumbo (teaser)

Columnist and FT pensions correspondent Josephine Cumbo says trustees should be wary of transferring to a superfund in all but the most extreme cases until a bespoke regulatory environment develops.

Videos & Podcasts

Is LGPS governance up to scratch?

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Podcast: From asset pooling and actuarial valuations, to administration and data, local government pension schemes have a lot to think about this year – meaning good governance is more important than ever. In this podcast episode, Kirsty Bartlett, partner at law firm Squire Patton Boggs, and Ian Colvin, head of LGPS benefits and governance at Hymans Robertson, discuss potential conflicts of interest, pressure on fund resources and the importance of focusing on administration.

How to select the right master trust

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Podcast: Master trusts have until the end of March to complete their applications to the Pensions Regulator for authorisation. In this PE podcast episode, Ian McQuade, director at Muse Advisory, discusses master trust selection and how the watchdog's authorisation and supervision regime will change the market.

Improving the quality of professional trustees

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Podcast: Last month, the Professional Trustee Standards Working Group published a set of new standards, which all professional trustees will be expected to meet. The group is also due to launch an associated accreditation framework later this year. In this episode of the PE podcast, Rachel Croft, director at Independent Trustee Services, explains what these new standards mean for schemes, how they will improve professional trustee quality, and whether increasing professionalisation and rising workloads could lead to the extinction of the lay trustee.