InvestmentRSS

Widows switches into ESG fund as integration becomes standard

Scottish Widows has aligned a chunk of its pension portfolios with the transition to a low-carbon economy, as the integration of environmental, social and governance factors emerges as a competitive driver in the commercial defined contribution sector.

South Yorks breezes through Covid but warns of potential danger ahead

The South Yorkshire Pensions Authority is reducing its exposure to equity market risk, after it escaped the Covid-19 crisis largely unscathed.

Investors urge companies to tackle modern-day slavery in Gulf

News On the Go

On the go: Brunel Pension Partnership is among a group of investors calling on companies to protect migrant workers in the Gulf, over concerns that job cancellations caused by Covid-19 are forcing them into debt bondage.

DB scheme accounting deficits jump £13bn in a month

News On the Go

On the go: The accounting deficits and liability values of the defined benefit schemes of the UK’s 350 largest listed companies rose by £13bn last month alone, according to research by Mercer.

Providers urged to prepare comms for Covid squeeze

Savers underestimate the impact that the coronavirus crisis could have on their financial wellbeing, according to a new survey, leading to calls for providers to communicate reassuringly with the minority of members that engage in times of stress.

Nest unveils net-zero investment strategy

News On the Go

On the go: Master trust Nest has introduced a climate change policy with the aim of achieving carbon neutrality across its investment portfolio.

Financial illiteracy and poor support plague concerned savers

Apathy from pension providers and regulators is allowing millions of savers to sleepwalk into retirement traps, according to the findings of a series of reports into poor levels of financial education and literacy.

Brunel pool issues tenders across credit spectrum

News On the Go

On the go: The Brunel Pension Partnership has called for pitches from managers of both multi-asset credit and sterling corporate bonds, seeking to deploy some £2.7bn of local authority pension capital.

New DB funding code could imperil sponsors and members

Some of the proposals in the Pensions Regulator’s consultation on a new defined benefit funding code could lead to worse outcomes for scheme sponsors, members and the Pension Protection Fund, according to a new report by LCP.

Covid-19 forces half of DC schemes to review objectives

The coronavirus pandemic has compelled more than 50 per cent of defined contribution schemes to review their objectives and 20 per cent to alter their short-term plans, according to a report by Aon.