Investment

While the CMI Model of longevity improvements has proved reliable, Covid-19 threatens to cause it to show an unrealistic falls in life expectancy. Tim Gordon explains why the industry should not overreact

Pensions and financial inclusion minister Guy Opperman has confirmed a cross-sector working group to address the problems caused by small pension pots.

Columbia Threadneedle Invetments' Chris Wagstaff considers what climate change risk comprises through the lens of an institutional asset owner.

The 4% rule of thumb often used to define a sustainable approach for drawdown in retirement is no longer fit for purpose due to prevailing and sustained market conditions, says Lane Clark & Peacock (LCP).

Just over a quarter (26%) of institutional investors, including pension funds, are set to increase their level of investment in cryptoassets by 2025, according to Evertas.

Pension scheme members could be owed as much as £25,000 in back payments from GMP equalisation, according to research by XPS Pensions.

Over a third of asset managers (39%) were unable to provide a single example of a climate change related engagement effort despite 76% saying they “consider climate risks and opportunities”, according Redington.

Letter to investors

Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.

Dry powder can be useful for pension scheme portfolios, but to make it attractive schemes need to make sure the assets are both available and not so low return they dilute wider return characteristics. Jonathan Hobbs, Kevin Kneafsey, Matthias Scheiber,...