Exclusive: 'Stark' differences in fiduciary managers' ESG work

EY warns of risk that trustees may see their ESG aspirations hampered by their FM’s capabilities

Hope William-Smith
clock • 2 min read
EY pensions team director Rikhav Shah
Image:

EY pensions team director Rikhav Shah

There is a “material differentiation” in how fiduciary managers are approaching ESG risks and opportunities which trustees need to be aware of in order to fulfil their own fiduciary responsibilities, EY says.

The global consultancy's ESG investing under fiduciary management report - released today (13 September) - is based off its April 2021 survey of 17 firms, which collectively manage around £200bn in...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Smart expands partnership with Amazon Web Services to support development of Keystone

Smart expands partnership with Amazon Web Services to support development of Keystone

Firm said partnership extension will enable ‘rapid global expansion’ through cloud infrastructure

Holly Roach
clock 30 April 2025 • 1 min read
Pensions minister confirms legislation to expand CDC to be laid in the Autumn

Pensions minister confirms legislation to expand CDC to be laid in the Autumn

DWP says ‘innovative’ funds will deliver higher incomes and lower risks for pensioners

Holly Roach
clock 30 April 2025 • 2 min read
Five pension providers retain gold financial wellness ratings

Five pension providers retain gold financial wellness ratings

Survey shows providers were awarded gold rating across several of their member offerings

Martin Richmond
clock 30 April 2025 • 2 min read
Trustpilot