Pension schemes must review their contracts with investment managers to identify issues that could put trustees' fiduciary duties at risk, according to Squire Patton Boggs.
Speaking this morning at seminar in London, partner Clifford Sims said not enough contracts were being reviewed and that even large pension funds do not review all of their contracts. The main risk...
Some 76 trustees and chief investment officers from UK schemes with combined assets of £367bn have signed a pledge to push asset managers to take more action to help combat climate change.
NEST has selected two fund managers it will use to invest in private credit, enabling its members to benefit from the private markets investments.
The Beijing-based Asian Infrastructure Investment Bank (AIIB) and Amundi have launched a $500m (£403m) Asia climate bond portfolio.
Deficit contributions and favourable asset returns in recent years have led to improved funding positions and our analysis suggests buying out scheme liabilities with an insurer is now a realistic medium-term goal for the majority of FTSE 350 companies...
Schemes already face a legislative requirement to carry out transfers promptly and efficiently, so they should voluntarily get on board with the industry-developed solution, says Tom McPhail