Pension funds are being encouraged to support plans for a state-backed green investment bank to help stimulate investment in clean technology business and a low carbon economy.
A host of investment managers like Aviva Investors, F&C and Insight Investment wrote to Prime Minister David Cameron last week urging him to setup a green investment bank with the ability to offer securities...
This week's edition of Professional Pensions is out now
MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.