UK/EU - Innovest Strategic Value Advisors has launched an audit check which will allow schemes to see how carbon risks affect companies in which they invest.
The move comes in the wake of EU legislation which exposes firms to heavy fines if they exceed their carbon emission allowance.
Innovest’s “carbon value at risk audit” can provide fund managers with information that allows them to compare the overall level of portfolio risk to their particular benchmark.
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.