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.
Contract-based schemes could face requirements to disclose their firms' policies on environmental, social and governance (ESG) issues under Financial Conduct Authority (FCA) plans.
Kate Smith has been named head of master trust at Aegon following the acquisition of BlackRock's defined contribution (DC) businesses.
Andy Palmer says trustees and employers should prepare for a no deal, which could pose big risks to sponsor covenants