Schemes could have the biggest impact when it comes to tackling climate change and company boards should embrace low carbon transition, says Legal & General Investment Management (LGIM).
In its Corporate Governance report Active Ownership published 17 April, the investment manager with $1trn (£0.7trn) assets under management warned it would vote against company boards which fail to embrace...
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.