Inflation hampering DC savers' climate commitments

Generations divided over commitments to climate change and net-zero pensions

clock • 3 min read
LGIM's Rita Butler-Jones: "DC savers facing challenges in the current economic climate"

LGIM's Rita Butler-Jones: "DC savers facing challenges in the current economic climate"

Increases in inflation, combined with the rising cost of living, are having an adverse impact on defined contribution (DC) savers’ climate commitments, a survey has found.

A survey of 4,500 DC savers was conducted by Legal & General Investment Management (LGIM) revealed that the climate commitments of DC pensions savers, such as net-zero ambitions, are diminishing as the...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now


Already a Professional Pensions member?


More on United Kingdom

Solar subsidy cuts to hit liability matching strategies

UK - Government plans to cut a subsidy boosting the appeal of solar panel infrastructure investments could scupper scheme plans to use these investments as part of their liability matching strategies, fund managers say.

clock 09 November 2011 •

Aegon moves to halt DB scheme future accrual

UK - Aegon is to close its defined benefit pension scheme to future accrual in March 2013 as part of its restructure and cost saving programme.

Jenna Towler
clock 08 November 2011 •

PPF reveals £678m surplus

UK - The Pension Protection Fund has published its annual report - revealing a surplus of £678m ($1.1bn) at 31 March.

Jonathan Stapleton
clock 07 November 2011 •