Yesterday's increase in the Bank of England's (BoE) base rate will not have an immediate significant impact on defined benefit (DB) scheme funding but schemes should reconsider their investment allocation, industry commentators have said.
The increase of the base rate from 0.5% to 0.75% had been widely expected and was therefore priced in by the market, including by DB sponsors, but further rate rises from a "hawkish" monetary policy committee...
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.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the June 2020 estimates on the various measures…
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.