Southwark Council has announced its £1.2bn pension fund will cut investments in fossil fuels and explore opportunities in sustainable energy infrastructure.
At a council cabinet meeting on 13 December, councillor Fiona Colley who chairs the pension fund, committed to moving away from fossil fuel investment over the long term, citing both ethical and financial...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.