The majority of fund managers do not have voting policies or guidelines on climate-related risks and diversity, an Association of Member Nominated Trustees (AMNT) survey has found.
In its first detailed review into the voting practices of fund managers across the UK, mainland Europe and the US, published today (30 May), the association revealed a lack of transparency in this area....
Trustees don't usually think about financial sanctions. But Edward Brown says they should be aware of the issue and take steps to minimise risks.
The industry-wide GMP equalisation group has created five sub-committees to each work on a key component of the guidance. Holly Roach reports
The £9bn Merseyside Pension Fund (MPF) has pledged £30m of scheme assets to a private direct lending fund designed to support small businesses and the UK economy.
Pension Insurance Corporation (PIC) has so far racked up £5.8bn of buyouts and buy-ins with defined benefit schemes this year, while reinsuring £7bn of longevity risk, it has revealed.