BNP Paribas will end business with companies whose primary activities involve profiting from the extraction of oil or gas from shale or tar sands, while ramping up its investments in renewable energy.
The international bank, whose asset management and custodian subsidiaries act for a number of UK pension funds, announced the drive in order to help meet its environmental, social and governance (ESG)...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers