Trustees should not get involved in the enhanced transfer value process and have no legal obligation to do so, Hammonds partner Fraser Sparks says.
He said The Pensions Regulator’s view widely differs to the legal position on trustees’ involvement in ETVs, which are a tool for sponsors looking to de-risk and reduce costs. Sparks explained the regulator...
Scottish Widows has unveiled an updated stewardship policy detailing how it will undertake stewardship and engagement activity in support of its responsible investment framework.
The Tyne & Wear Pension Fund has invested £650m in the Future World index equity fund range in a bid to up its generation of sustainable returns for members.
RPMI Railpen and Wrenbridge have secured planning consent for a major London warehouse development.
Comic relief founder launches campaign to shift £3trn of pension assets into sustainable investments
Film producer Richard Curtis - also co-founder of Comic Relief - has launched a campaign to help make the UK’s £3trn of pension assets more sustainable and ensure it is invested in building a better world after the coronavirus pandemic.
PGIM Investments has launched a global corporate ESG fund, which will be “the first of a newly-created suite” of PGIM Fixed Income’s ESG UCITS strategies available to investors outside of the US.