The Department for Work and Pensions is to close a loophole in auto-enrolment legislation which would have allowed employers using the defined contribution sections of hybrid schemes to defer enrolling until 2017.
Had it been left unchanged, the loophole could have affected four million workers, according to estimates. The loophole would have allowed employers with hybrid schemes with closed DB elements to defer...
A ShareAction survey has found pension schemes in the UK are leaving staff savings exposed to climate related risks. Kim Kaveh looks at the findings.
David Weeks says there is a mismatch in superfunds that claim to be member friendly but then exclude member representation from their governance
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).