Local government pension funds' true exposure to fossil fuels has been unveiled for the first time by environmental lobby groups.
The data published today shows 418 local councils have invested a total of £14bn of their pension funds into fossil fuels. This figure accounts for 6.1% of their total £231bn investments managed to provide...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.