Local Government Pension Scheme (LGPS) funds could disinvest from tobacco stocks if they substitute shares with similar returns, according to a legal expert.
The LGPS Shadow Scheme Advisory Board sought opinion from Nigel Griffin QC on the implications of fiduciary duty on funds, following controversy over the scheme's tobacco holdings (PP Online, 21 February...
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives.
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.