Pension funds will benefit from reduced climate risk exposure as a growing number of the world's largest companies commit to addressing their carbon footprint.
Almost a quarter (23%) of companies have targets to move away from fossil fuels in energy consumption, while almost all (98%) have designated climate risk as a board or senior-management responsibility....
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Welplan Pensions has triggered its exit from the master trust market, with just a few days to go until The Pensions Regulator's (TPR) application deadline.