RBS reports £100m GMP impact; slashes equity exposure by two thirds
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Based on updated assumptions following last year's landmark High Court ruling, the bank said the project would have a marginal impact on its pension scheme liabilities. The figure relates solely to...
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UK investors to boost ESG exposure and investments
Nearly half (48%) of UK investors expect to increase their socially responsible investments over the next three years, according to research by Charles Stanley.
Fees, costs and past performance: Questions for LF ASI Income Focus
Fund buyers and analysts have broadly backed the management team behind the reopened Income Focus vehicle formerly run by Neil Woodford, but questions remain with regard to fees, portfolio manager past performance and the cost of shedding the new-look...
Scottish Widows launches responsible investment team
Scottish Widows has created a specialist responsible investment team to monitor sustainable activity across its fund range.
Defaults lagging on demand for ESG
LCP says significant numbers of savers want to invest in responsible companies but default funds aren’t keeping up with these changing preferences. Holly Roach reports
Most employers agree schemes are not embracing ESG investment options
Just one in ten employers believe their pension offering has actively embraced ESG investment options, according to research by Howden Employee Benefits & Wellbeing.
