Paul Spencer, who chairs the trustee board of the BT pension scheme, is to relinquish his role as chairman of the Hermes Investment Management board later this year.
Spencer, who was ousted from the British Airways (BA) schemes last September, has held the senior Hermes role since 2011. He will be replaced in April by David Stewart who has been a non-executive director...
The winners of the Professional Pensions Investment Awards 2020 have been announced.
Legal and General Retirement (LGR) has committed to cutting the carbon emission intensity of its annuity book by half by 2030, while the overall group targets a net-zero portfolio by 2050.
More than 240,600 savers have lost an estimated £14.6bn of pension savings to fraudsters, but a further £2.5trn remains potentially accessible to criminals, The People’s Pension (TPP) says.
More than £1.75bn has been wiped from the pension funds of councils across the UK after three years of crashing oil investments, research shows.