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)...
The roll-out of the government's Help to Save scheme could lead to a rise in automatic enrolment (AE) opt-out rates and have a much bigger impact than the Lifetime ISA (LISA), Aegon has warned.
Investment manager State Street Global Advisors (SSGA) has taken a minority stake in online pension consolidation business PensionBee
Defined benefit (DB) schemes have hit their best funding position since April 2014, according to the Pension Protection Fund (PPF).
Inflation rose to 3.1% in November, according to the Office for National Statistics (ONS), beating previous estimates that it would hold steady at 3%.