Netherlands - PGGM will publish the names of the 3500 quoted companies it invests in, following criticisms of Dutch pension funds earlier this week.
A spokesperson for the healthcare scheme PGGM said the pension fund had decided to disclose the names of the companies on its website, so that “customers themselves can examine where PGGM invest”, adding that “discussion stimulates larger transparency” for the company.
This is in response to criticisms earlier this week on a Dutch television program that funds were investing in American companies that made cluster bombs and landmines.
PGGM insisted it had got policies in place that dealt with the weapons industry and arms trafficking. It insisted a new policy had been put in place that covered companies producing cluster bombs and landmines.
However, PGGM will not be disclosing its private equity investments.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.