Hackney Council's pension fund committee has agreed to endorse a series of recommendations on dealing with fossil fuel and climate change issues after facing mounting pressure from a campaign group.
At a special meeting on divestment on 28 January the committee agreed to add a dedicated fossil fuel investment section to the fund's investment strategy statement, which will outline a formal commitment...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.