The UK government's Green Investment Bank (GIB) will be sold to Australian bank Macquarie Group for £2.3bn, in a deal that involves Universities Superannuation Scheme (USS) becoming an investor.
The GIB was first launched by the government in 2012 to invest in renewable energy, but its board decided the right route was privatisation as this would attract new investors. It has so far backed 99...
The 100 largest global pension funds are widely ignoring climate-related risks despite recent warnings by UN scientists, the Asset Owners Disclosure Project (AODP) says.
Premier Inn owner Whitbread has cut its defined benefit (DB) pension deficit to £162m ahead of its agreed £3.9bn sale of Costa Coffee to Coca-Cola.
Trends in longevity and mortality have proven difficult to forecast historically, but are vital to funding schemes and ensuring adequate retirement pots. James Phillips explores the key influences
The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.