Two of M&G's funds have jointly purchased 18 car auction sites across the UK for a total of £240m.
The sites are currently leased to British Car Auctions (BCA) and M&G's purchase will see the continuation of the deal, which expires in 2031. BCA specialises in auctioning second-hand vehicles in a...
Unison has passed a motion that says it will seek to divest the Local Government Pension Scheme (LGPS) from fossil fuels over the next five years.
Existing methods of tracking fund performance are not suitable for environmental, social and governance (ESG) issues, First State Investments has said.
This week's top stories were a ransomware attack on TPR, and the new pensions minister being urged to tackle outstanding policy issues.
The hung parliament means planned measures to mitigate scams will be kicked down the road, the industry has told PP.