• Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
  • Events
  • Whitepapers
  • Spotlights
  • Digital Edition
  • PPTV
  • Newsletters
  • Sign in
  •  
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
    •  

      You are currently accessing ProfessionalPensions via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0) 1858 438800

      Email: [email protected]

      • Sign in
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
    • YouTube
  • Register
  • Subscribe
  • Events
    • Upcoming events
      event logo
      Defined Contribution Conference

      Professional Pensions Defined Contribution virtual event, hopes to take stock of the last year, and ask the important questions; are members saving enough and have we improved the member journey at retirement? This two part digital event will provide you with the latest thinking and innovation in the DC market during our snappy 15 minute presentations, with plenty of time to ask questions during our live speaker Q&A.

      • Date: 20 Apr 2021
      • Digital Conference
      event logo
      Webinar: PP Talks - Fiduciary Management

      This PP Talks webinar will ask how fiduciary managers coped with the Covid-19 challenge, how fiduciary management clients generally fared, and the outlook for the year ahead.

      • Date: 05 May 2021
      • Webinar
      event logo
      Webinar: The challenges facing open DB schemes

      This webinar will help trustees and pension managers look at the challenges facing open DB schemes, specifically looking at the issues they could face as a result of The Pension Regulator’s new Funding Code of Practice and asking how this could affect the affordability of benefits, future service contributions, investment strategy and benefit design.

      • Date: 06 May 2021
      • Webinar
      event logo
      Webinar: Supporting members retirement plans as we emerge from the pandemic

      The pandemic has affected the retirement plans of many. Some have been forced into an early retirement because of redundancy, whilst others have delayed retirement due to their pension losing value. Those who have struggled with a reduced household income, have even been dipping into their pensions whilst still working to make up for the shortfall.This webinar will uncover the steps that can be taken to support pension scheme members in the lead up to and at retirement.

      • Date: 11 May 2021
      • Webinar
      View all events
      Follow our Professional Pension Events

      Sign up to receive email alerts about our events

      Sign up

  • Whitepapers
    • How DC schemes can gain exposure to different asset classes in a low-return environment

      So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap,' ‘pension freedoms' or consultations around ‘value for money', says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).

      Download
      Pension freedoms three years on

      In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.

      Download
      Find whitepapers
      Search by title or subject area
      View all whitepapers
  • Spotlights
  • Digital Edition
Professional Pensions
Professional Pensions
Sponsored by T. Rowe Price
  • Home
  • Admin/Tech
  • Benefits
  • Buzz
  • DB
  • DC
  • Diversity
  • Investment
  • Law & regulation
  • Risk reduction
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
  •  

    You are currently accessing ProfessionalPensions via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0) 1858 438800

    Email: [email protected]

    • Sign in
  • Defined Contribution

Phoenix launches ESG DC default solution

Phoenix Group will launch an ESG defined contribution (DC) default solution for pension fund clients of its Standard Life Assurance business and their scheme members.
Phoenix Group will launch an ESG defined contribution (DC) default solution for pension fund clients of its Standard Life Assurance business and their scheme members.
  • Hope William-Smith
  • Hope William-Smith
  • @h_williamsmith
  • 30 November 2020
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
0 Comments

Phoenix Group will launch an ESG defined contribution (DC) default solution for pension fund clients of its Standard Life Assurance business and their scheme members.

The Standard Life Sustainable Multi Asset - a diversified solution with ESG fund components for a range of asset classes - will launch in mid-December.

Phoenix said the solution will "aim to achieve good member outcomes in retirement" by blending the three responsible investment approaches of screening, tilting and stewardship.

Related articles

  • People Moves Blog: Chris Parrott joins BESTrustees; Cardano hires business development and trustee engagement heads
  • Have your say: Will the new way that TPR's code of practice is presented change the way you work?
  • Women in Pensions 2021: Nominate now!
  • 'Headaches' ahead for DC illiquid investment over 'fiendish complexities' of performance fees despite charge cap inclusion

Head of responsible investment solutions Gareth Trainor said: "Responsible investment is a central consideration in all the workplace pension solutions we offer, but we're delighted we will be launching our new more focused ESG default for DC pension clients and their members before the end of the year.

"The demands placed on scheme default solutions continue to evolve. While delivering good member outcomes, value and rigorous governance is vital, responsible investment considerations have also become important to scheme members, policymakers, and regulators alike.

"Given its established approaches to responsible investing and stewardship, Aberdeen Standard Investments (ASI) is our key partner for this new solution. We have worked closely with them in developing these funds to ensure that they meet the needs of our members."

Speaking to PP, Trainor said the launch tied into Phoenix Group's wider plans on delivering sustainable fund options.

"It's to help provide people for a secure and sustainable future. This is the start, hopefully, of a much, much longer and wider journey that we are on and we'll be able to provide more detail on that as we go into next year. We are 100% committed to this space and actually making sure that we take customers on the journey with us."

He continued: "The regulatory demand has been evolving endlessly and there is also a customer demand growing - they are very keen to do something with it talk about it in a way that is more conscience based."

 

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Defined Contribution
  • ESG
  • Gareth Tancred
  • Standard Life
  • Phoenix Group

More on Defined Contribution

Greater clarity on performance fee calculations welcomed but 'devil is in the detail'
'Headaches' ahead for DC illiquid investment over 'fiendish complexities' of performance fees despite charge cap inclusion

The Pensions and Lifetime Savings Association (PLSA) has welcomed plans to incorporate performance fees in the charge cap, but the Association of Consulting Actuaries (ACA) warned performance fees are “not the only headache” for defined contribution (DC)...

  • Defined Contribution
  • 19 April 2021
Savova: “We’re delighted that so many of our customers wish to join us as shareholders."
PensionBee draws 12,000 customer sign-ups for IPO with estimated market cap of £348m

Around 12,000 PensionBee users have registered for shares in the company after it confirmed its initial public offering (IPO) would comprise an offer to both institutional investors and eligible customers.

  • Defined Contribution
  • 12 April 2021
 Catherine Gill
Industry Voice: The master plan

In Newton’s latest DC column, Catherine Gill explores how master trusts can evolve their investment strategies against a changing backdrop

  • Defined Contribution
  • 07 April 2021
Consolidation in DC is continuing with the total number of non-micro and hybrid schemes falling by 10% in 2020
TPR data reveals further consolidation in occupational DC market

The occupational defined contribution (DC) market consolidated further in 2020 with the number of trust-based plans falling substantially during the year, latest data from The Pensions Regulator (TPR) reveals.

  • Defined Contribution
  • 31 March 2021
AE contributions must rise to 12% to put the UK on par with the rest of the OECD countries, TISA says.
UK mandatory pension provision half OECD average

Auto-enrolment (AE) contributions must rise to 12% to put the UK on par with the rest of the Organisation for Economic Co-operation and Development (OECD) countries, The Investing and Saving Alliance (TISA) says.

  • Defined Contribution
  • 25 March 2021
blog comments powered by Disqus
Back to Top

Most read

Exclusive: ITM acquires Profund Solutions from Mercer
Exclusive: ITM acquires Profund Solutions from Mercer
Three in court in connection with £14m pension fraud
Three in court in connection with £14m pension fraud
Broadstone acquires Quattro Pensions
Broadstone acquires Quattro Pensions
Exclusive: Trustees trapped by base level analysis choosing fiduciary managers
Exclusive: Trustees trapped by base level analysis choosing fiduciary managers
CMI: Deaths continue below normal levels
CMI: Deaths continue below normal levels
Trustpilot

 

  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters
  • YouTube

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading