The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.
In an update published on 19 January on the scheme's valuation progress, the trustee said while the higher education sector remains "financially resilient", the cost of maintaining the scheme is a "growing...
Aviva has pledged to have net-zero carbon emissions across all of its investments by 2040.
The Financial Conduct Authority (FCA) was made aware of concerns about Neil Woodford's investment strategy at his fund management business back in 2015, but did not act until nearly two years later, according to reports.
Trustees must understand their starting position on ESG integration in order to set meaningful targets, says Lucy Tusa.
DB scheme consolidator Stoneport hopes to get 100 schemes signed up by the end of next year, but employer covenant will be vital, chief executive Richard Jones tells James Phillips.
The outlook for future longevity in the UK has not necessarily worsened as a result of the coronavirus pandemic, Aon says.