Aegon to acquire BlackRock's DC platform and administration arm
Aegon has agreed to purchase BlackRock's defined contribution (DC) platform and administration arm, increasing its platform-based workplace savings business to £30bn.
Aegon will take on around £12bn of assets and 350,000 customers from the asset manager, and the new business will be run by BlackRock's head of DC Paul Bucksey (pictured above) who will be appointed managing...
More on Defined Contribution
ESG Watch: Warning to pension schemes; MSCI's call to asset managers; Russell Investments outlines 2050 net-zero goal
Professional Pensions rounds up some of the latest ESG and climate news from across the industry.
Net zero, engagement, and ESG fund trends: Incisive Media unveils Sustainable Investment Festival programme
Professional Pensions' parent Incisive Media is pleased to announce the programme for its inaugural Sustainable Investment Festival, which will run online from 22 to 25 June, with pensions and financial inclusion minister Guy Opperman among the keynote...
Lean on me: How can bond investors influence government climate action?
As deficits skyrocket, bond investors have an opportunity to engage with governments to try to ensure they tackle climate change, argues Thomas Dillon.
How can schemes measure their carbon footprint
Schemes need to obtain emissions data to measure their carbon footprint, but this process comes with challenges. Stephanie Baxter explores how to overcome them and why schemes need to look beyond emissions
Environment Agency Pension Fund to halve emissions by 2030 and reach net zero by 2045
The Environment Agency Pension Fund (EAPF) will cut its carbon emissions by 50% from a 2010 baseline level by the end of this decade on its trajectory to net zero.
