The London Borough of Southwark Pension Fund has invested in BlackRock's newly-launched tax transparent fund that reduces carbon exposure in equities, PP has learned.
The fund was introduced in December as part of an expansion of its authorised contractual scheme (ACS) offering after launching the UK's first four years ago. Southwark, which has around £1.5bn assets...
The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.
LGPS Central has appointed Hermes Equity Ownership Services (EOS) to run engagement and voting services for the investments of its nine local authority funds.
The Universities Superannuation Scheme (USS) is being pressed to ignore advice from a joint expert panel, which would store up problems with "pernicious consequences" for the higher education sector.
Simon Eagle of Willis Towers Watson says that, based on his work for Royal Mail, well-designed collective defined contribution (CDC) funds would be viable for some other UK employers too.