Universities Superannuation Scheme (USS) has sold 40% of its shareholding in Moto Group to funds advised by CVC Capital Partners (CVC) after acquiring the company just two months ago.
This move means that CVC and USS will invest as partners in the UK's largest motorway service station operator. USS took 100% ownership of Moto in October as the scheme sought to build out its direct...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.