UK - Pension schemes should give members annual reports on their socially responsible investment and activism policies, research by a fund manager suggests.
Jupiter Asset Management found that 88% of individual SRI investors would like to see their pension fund run in a similar way to their own investments.
And 87% want to see reports on their pension fund’s engagement activities.
Head of SRI Emma Howard Boyd said: “Our survey illustrates the significant number of investors who would like to see their choices in direct investments reflected in their pension funds.”
And she said that with the current Pensions Act under scrutiny, now was an opportune time to consider strengthening the current SRI disclosure requirements.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.