The Financial Conduct Authority (FCA) must ditch the methodology used to calculate transaction costs incurred by investment of defined contribution (DC) funds as a matter of urgency, the Investment Association (IA) says.
The trade body said "immediate action" must be taken to suspend and replace the methodology which is causing "investor detriment". It added the wider rollout of the methodology - which sits under the...
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.