Pension schemes that divest from stocks in sectors such as tobacco, arms, or fossil fuels are acting in an "unethical" manner, according to the Institute of Economic Affairs' (IEA) head of lifestyle economics.
Divestment will not change company behaviour and detriment is instead caused to individual pension scheme members who are deprived of returns, Christopher Snowdon argued. In particular, local authority...
Potential changes to accounting standards and increased pressure on companies to accelerate contributions could worsen FTSE 100 scheme funding by up to £100bn, according to Lane Clark and Peacock (LCP).
Smart Pension has taken on over 20,000 active members from the £20m Corpad Master Trust, following a strategic review by the ceding firm's trustees.
The Universities Superannuation Scheme (USS) allegedly obstructed a whistleblower as she tried to discover the true value of the deficit in its defined benefit (DB) section, according to reports.
The Cost Transparency Initiative (CTI) has launched a number of templates and guidance to help pension schemes deliver greater value for savers with enhanced disclosure of transaction cost information.