Commentary suggesting pension funds should avoid certain investments based on members' ethical consideration goes too far and contradicts case law, a lawyer warns.
Earlier this week ethical investment lobby group FairPensions slammed Kent County Council for investing £24m in tobacco company stock. It said relevant considerations to this ‘unethical investment'...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter