The Bank of England's (BoE) decision to increase interest rates for the first time in over a decade has been welcomed by the industry, yet the move will only be "symbolic" for most defined benefit (DB) schemes.
The doubling of the rate from 25 basis points (bps) to 50bps came yesterday after months of hints from the central bank, with its Monetary Policy Committee (MPC) approving the change with a 7-2 vote...
The UK will leave the EU on 31 January, Professional Pensions’ expert advisory panel tells James Phillips what pension schemes should now be thinking about.
Hargreaves Lansdown (HL) has adopted the Investment Association’s (IA) new definitions around ethical and responsible investments, the firm announced.
The £30bn Brunel Pension Partnership has called on asset managers to become more climate-aware or face removal from its portfolios.
The parent of collapsed UK retailer Mothercare has secured a revised payment schedule with its pension scheme trustees and said it is “on track” with its planned recapitalisation.
MSCI is calling for all investors globally to more readily integrate ESG considerations throughout their investment processes to contribute to “an effective balanced transition towards a sustainable economy”.