The government's auto-enrolment provider NEST is going tobacco-free across all of its investment portfolios after concluding the asset is a "poor investment" for its eight million members.
The £6bn master trust said the decision was due to key factors including stricter worldwide regulation, increasingly aggressive legal action by governments, and falling global smoking rates. NEST estimated...
The BT Pension Scheme (BSPS) has awarded a $1bn (£777bn) private equity mandate to Hermes GPE, to invest globally.
Warrington Borough Council and Altana Wealth have set up a Public Sector Social Impact Fund to offer pension funds secure social investment opportunities.
In 2018 we wrote a letter, supported by 60 asset managers and owners, urging the oil industry to take more action on climate change. What was the outcome?
Now authorisation has ended for existing schemes, Kim Kaveh reflects on the process and asks what the future holds for ongoing supervision.
Capita has signed up to the government-backed Star Initiative, taking its total number of participants to 50.