Professional Pensions rounds up some of the latest ESG and climate news from across the industry.

While trustees are split on whether compulsory knowledge should include a full regulatory understanding of the process of a pension transfer, many agree it could help better protect vulnerable savers.

West Midlands Pension Fund (WMPF) has become the first Local Government Pension Scheme (LGPS) “friend” of the Pension and Lifetime Savings Association’s (PLSA) Retirement Livings Standards.

UK banks and asset managers were responsible for financing 805 million tonnes of CO2 in 2019, which would make the City of London the ninth biggest emitter in the world if it were a country, according to a report by Greenpeace UK and the World Wildlife...

The impact of the tapered annual allowance is clear after a 27 percentage point increase in NHS staff who exceed the pension annual allowance electing voluntary scheme pays, Quilter says.

Scottish Widows has told the Department for Work and Pensions (DWP) that performance fees should not be allowed in defined contribution (DC) pension defaults.

This week’s top stories include Lane Clark & Peacock’s acquisition of Aon’s German business and XPS Pension Group’s promotion of six new partners.

The Pensions Dashboards Programme (PDP)’s update outlining its breakdown of what will take place in the next six months of development is unlikely to be feasible, PP readers say.

The Co-op has launched a ten point plan to achieve net zero by 2040 and will partner with ethical pensions campaign Make My Money Matter (MMMM) on its commitment.

Many trustees are not fully aware of the new requirements of The Pension Regulator’s (TPR) combined code of practice, giving them little time to prepare for change, Barnett Waddingham says.