The National Employment Savings Trust (NEST) has increased its focus on managing environmental, social and governance (ESG) risks in its portfolio.
Its updated statement of investment principles (SIP) said it had strengthened its belief in the value of incorporating ESG risk factors into its investment management process. The decision follows a...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.