Workers’ union Unison has called for local authority pension schemes to back ‘green’ causes with dedicated funds as part of their increasing commitment to climate-aware investing.
Latest articles from Nick Reeve
Workers’ union Unison has called for local authority pension schemes to back ‘green’ causes with dedicated funds as part of their increasing commitment to climate-aware investing.
The government’s proposed remedy for the McCloud/Sargeant age discrimination cases fails to address the issue in a “fair and non-discriminatory manner”, a group of police officers has warned.
Members of the Universities Superannuation Scheme are growing increasingly dissatisfied with their relationship with the scheme, its latest annual report and accounts show.
The £1.7bn Camden Pension Fund has placed one of its managers under review over concerns that it would not be able to comply with the scheme’s climate risk reporting requirements.
While Brexit is set to dominate the political agenda again in 2020, for the pensions industry there is another major shift on the horizon that could have a profound impact on funding levels and outcomes for members.
On the go: The Universities Superannuation Scheme has welcomed reform proposals put forward by an independent panel, but has warned that the issues are “complex” and may take some time to resolve.
On the go: The Competition and Markets Authority has approved a performance measurement standard to be used by fiduciary management providers.
The Universities Superannuation Scheme Joint Expert Panel, set up to review the valuation of the scheme, is calling for a “dual discount rate approach” to the 2020 valuation, aimed at distinguishing between past and future accrual.
Sweeping pension system reforms are expected following the Conservative party’s comprehensive victory in Thursday’s general election, with more powers coming for the regulator, a tax review for the higher and lower paid, and experts calling for more work on retirement adequacy.
On the go: The Brunel Pension Partnership has appointed five managers to run a £2.6bn Global High Alpha fund for its 10 Local Government Pension Scheme clients.
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