Investment

The Environment Agency Pension Fund (EAPF) has moved its entire £280m global passive equities portfolio into low carbon passive indices following concerns over its climate risk exposure.

A group of investors including two UK schemes have urged Shell to drop its membership from a US lobby group accused of being obstructive on climate policy.

A common criticism of fiduciary management is that trustees can lose control of investment strategy. Christy Jesudasan says this should not be the case.

Using active share to measure a manager's ability to outperform could be detrimental for schemes, according to Hermes Investment Management.

Caffyns has removed almost £9m of defined benefit (DB) pension liabilities from its scheme after switching its pension payments to the Consumer Prices Index (CPI).

The total deficit of schemes in the Pension Protection Fund (PPF) 7800 Index has fallen by more than a third since the record high of £367.5bn in January.

Four unions have agreed to take strike action at Tata Steel in their ongoing dispute over pensions.

An industry-wide defined contribution (DC) scheme for maritime employers and employees will launch on 1 August, providing full access to the recently-introduced pension flexibilities.

The Railways Pension Scheme will look to partner with other pension funds as it seeks the best ways to increase its exposure to illiquid assets.

Unite members have voted to strike over Tata Steel's plan to close the British Steel pension scheme (BSPS) and make employees work five more years to get their full pension.