Unison and ShareAction have analysed the new investment strategy statements across the £280bn scheme. Colin Meech says some funds have done nothing to produce ESG policies.
A pensions bill expected next year must include law to require schemes to collect, publish and analyse cost transparency data from their asset managers, MPs have been told.
Colin Meech says lack of clarity means workers and their employers don't know whether they're getting value for money or how investments are performing
Lack of transparency means employees are in the dark over whether they are getting value for money from their pension, according to a report by the international labour union network.
Colin Meech warns the Court of Appeal's bizarre judgment could cause significant financial detriment to local government pension funds
Colin Meech questions whether an asset manager can act in the best interests of clients who are employees of a company that the same asset manager is shorting
Local Government Pension Schemes (LGPS) are being urged to divest £16bn from carbon within five years in a nationwide campaign launched by Unison today.
The Financial Conduct Authority's (FCA) final report on its asset management study has been dubbed a turning point for cost transparency, but some have warned its actions are lacking.
The government has suffered a major defeat in the High Court after its rules on Local Government Pension Scheme (LGPS) investments were deemed unlawful.
As a transparency code is launched for the Local Government Pension Scheme, Stephanie Baxter looks at how it could set a gold standard across the industry.