Investment

Legal & General Investments has launched an environmental fund aimed at institutional investors to tap into companies providing low carbon technologies.

Pension schemes should outsource investment implementation to third-party firms to stop trustees focusing too heavily on manager "beauty parades", a trustee says.

UK pension fund demand for inflation caps in the options market is so low experts say a "catalyst" is needed to level out the market.

Changes to IAS19 will have a "limited" effect on investor attitudes but are likely to accelerate investment de-risking strategies, consultants say.

UK - Threadneedle is set to withdraw from the full service group personal pensions market in a bid to focus on its investment only offering.

EUROPE - Pension funds could once again retract from securities lending if they are included in European proposals which would tag lenders as ‘short sellers', according to the trade body for securities lenders.

Changes to IAS19 will have a "limited" effect on investor attitudes even though they could dent reported profits by as much as £10bn, PwC says.

Pensions minister Steve Webb has again vowed to clamp down on companies offering a "bung of cash" to staff who give up defined benefit pensions.

Threadneedle is set to withdraw from the full service group personal pensions market in a bid to focus on its investment only offering.

The Financial Services Authority has issued a warning to consumers over pension reciprocation plans and other pension unlocking schemes.