Investment

John Gray says it's better to reduce carbon exposure over a longer period while seeking suitable alternative investments

The combined accounting surplus of Royal Mail's two defined benefit (DB) pension plans grew by 12% in the year to 26 March 2017, the company's annual report has revealed.

The Local Government Pension Scheme Advisory Board (SAB) has launched a transparency code to help schemes get a better handle on their costs and fees.

Jupiter Asset Management fund manager James Clunie says overpriced assets are providing some of the best opportunity sets in the market currently for investors.

Tata Steel has agreed the "key commercial terms" of a regulated apportionment arrangement with the British Steel Pension Scheme (BSPS) in a deal that could be worth in excess of £550m.

The funding gap of the Local Government Pension Scheme (LGPS) has improved by £9.2bn since 2013 but last year's difficult market conditions reduced returns to just 0.1%.

The Pensions Regulator (TPR) has warned sponsors against prioritising dividend payments over contributions where there is a significant scheme deficit.

Last year posed huge challenges for active investment as markets were driven by politics rather than economics. Stephanie Baxter looks at research showing a large fall in managers beating the benchmark

Global active equity management fees for the largest investors have managed to withstand growing pricing pressures in the last few years, according to research by bfinance.

The National Employment Savings Trust (NEST) has picked JP Morgan Asset Management to run its first high yield bond mandate after an open tender.