Latest articles from Stephanie Hawthorne

Are DC defaults still lagging on ESG?

Master trust Nest is ahead of the curve when it comes to environmental, social and governance considerations, and while other schemes are catching up, there is still a lot of progress to be made.   

Investment Association in push for more black fund managers

News On the Go

On the go: The Investment Association is leading a drive to recruit more black fund managers, after a new report revealed the poor extent of black representation in the industry.

Nest to divest all tobacco holdings

On the go: Nest is to sell all its tobacco shares, the master trust has announced, as it warned of impending regulatory backlash against the sector.

Fate of Arcadia on a knife edge

News On the Go

On the go: A crucial vote takes place today on a rescue package for Sir Philip Green’s beleaguered Arcadia Group.

Trustees face tougher ESG disclosure rules from 2020

News On the Go

On the go: Regulations have been laid in Parliament today that impose tougher disclosure rules for trustees on their stewardship and engagement policies.

Trustee fined for tardy transfer and reported to TPR

News On the Go

On the go: The Pensions Ombudsman has upheld a complaint against the trustee of the Commando 2012 Pension Scheme for failing to a pay a transfer payment within the statutory time frame.

Rolls-Royce and L&G complete record £4.6bn deal

On the go: Rolls-Royce has completed a partial buy-in on the way to buyout in excess of £4.6bn, securing the benefits of around 33,000 members of the Rolls-Royce UK Pension Fund. 

Arcadia future hangs in balance as crucial vote delayed

On the go: Sir Philip Green’s Arcadia Group postponed a creditors’ meeting until June 12, after the floundering company failed to secure sufficient initial support from landlords.

ESG risks could mean shallow returns for fish farming investors

News On the Go

On the go: Climate change could cripple the $230bn (£182bn) aquaculture industry, posing a hazard to pension fund investors, a new report by the Farm Animal Investment Risk and Return Initiative has revealed.

More than £90bn saved in workplace pensions in 2018

News On the Go

On the go: Auto-enrolment continues to motor ahead with £90.4bn saved in workplace pensions last year, up £7bn from 2017, according to recent figures published by the Department for Work and Pensions.