Consultants have been accused of using an "accounting trick" to overstate the performance of alternative investments by about £5.1bn over the past decade across Local Government Pension Schemes (LGPS).
A report by research firm CLERUS found performance assumptions used to promote alternatives did not stand up to scrutiny and were in stark contrast to historic performance. Using publically available...
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).