InvestmentRSS

BT Pension Scheme sets ambitious 2035 net-zero goal

Getty Images

The UK’s largest private sector pension scheme now aims to be one of the greenest, with a new goal to achieve net-zero greenhouse gas emissions by 2035 across its £55bn portfolio.

PLSA throws weight behind ESG and DC retirement initiatives

The Pensions and Lifetime Savings Association has made a string of recommendations to the government on environmental, social and governance investment issues, alongside a call to point retiring defined contribution members towards “preferred” products.

Small-cap UK active equity funds find some success in H1 2020

News On the Go

On the go: Just over half of all UK active equity funds have equalled or beaten benchmark returns in the first half of 2020, while 45 per cent trailed behind the S&P UK Broad Market Index.

South Yorkshire pensions to go green by 2030

News On the Go

On the go: The South Yorkshire Pensions Authority, responsible for administering the county’s £9bn local authority pension scheme for its 160,000 members, has adopted a net-zero by 2030 policy to govern its portfolio.

Opperman tells savers to engage with pensions to fix climate

News On the Go

On the go: Savers can play an important role in addressing climate change by paying more attention to their pensions and where they are invested, pensions minister Guy Opperman has said.

Woodford investors face year-long wait for remaining funds

News On the Go

On the go: Investors trapped in Neil Woodford’s former flagship fund, including Kent County Council Superannuation Fund, could face a wait of up to one year for the rest of their cash.

LGPS wades into Israel-Palestine row with UN blacklist engagements

At least two Local Government Pension Scheme funds are undertaking engagements with companies linked to contested Israeli settlements, Pensions Expert can reveal.

Cheshire in the vanguard on TCFD carbon revelations

The Cheshire Pension Fund is one of the first UK pension funds to report on the carbon footprint of its £6.1bn investment portfolio, estimating that its stock portfolio’s carbon intensity is a third less than the benchmark.

Fund managers’ ESG claims outperform reality

A third of asset managers are still not engaging on climate change, according to analysis by Redington. But of those that do, experts warn that their environmental, social and governance ratings may not be all that they appear.

Border to Coast appoints multi-asset credit managers

News On the Go

On the go: Border to Coast Pensions Partnership has appointed four specialist managers for its multi-asset credit fund, which will have assets worth £2.7bn.