UK - Politicians in Northern Ireland have been urged to draw up an ethical investment policy to exclude its pension fund from investing in tobacco companies.
The assembly has failed to set up an ethical investment policy in the five years since it was established.
Northern Ireland Chest Heart and Stroke Association said politicians should set an example to the rest of society.
Chief executive Andrew Dougal said: “Tobacco kills 3000 people in Northern Ireland every year. The British Medical Association divested itself of all investment relating to tobacco firms many years ago and the assembly should follow suit.”
An assembly spokesman told PP he could not comment on the ethical investments policy as the information was “commercial and in confidence”.
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.