UK - A county council is reintroducing tobacco companies in its portfolio because trustees fear they could be sued for failing to get the "best financial return".
Industry experts believe the move marks a radical sea-change in the socially responsible investment debate with one suggesting many trustees now see it as “a dead duck”. The £530m Shropshire Cou...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here