Pension schemes should not rely solely on the performance of investment funds in third-party ratings which aim to quantify their sustainability, Kames Capital has said.
These environmental, social and governance (ESG) ratings "do not tell the whole story" and each set can provide very different conclusions for the same companies, the investment manager argued. There...
Almost all listed asset managers have now signed up to the transparency code that launched 12 months ago to help local government funds get better cost data, writes Stephanie Baxter
This week's top stories include MPs questioning the regulator's leadership in a letter to the watchdog's chairman, and FTSE 100 schemes post accounting surplus for first time in decade.
While the majority of UK's largest pension funds have taken action on climate change, parliament says there are still some that are failing to manage their schemes responsibly.
Master trusts will have just one chance to demonstrate to The Pensions Regulator (TPR) that they should be authorised under the upcoming regime, the watchdog has said.