Figures released by anti-smoking campaigners have sparked renewed debate about ethical investment.
Commentary suggesting pension funds should avoid certain investments based on members' ethical consideration goes too far and contradicts case law, a lawyer warns.
Kent County Council has come under fire from campaign groups for investing £24m of its pension fund portfolio in tobacco companies.
Schemes have been urged to "wait and see" with regards to the News Corporation bid for BSkyB
Fiduciary duties must be radically overhauled to move away from the "myth" trustees' sole duty is to maximise returns for scheme members, a report says.
Investment disclosure guidelines need greater clarity to help people make more informed choices about their pensions, Steve Webb says.
Asset managers are still failing to improve their voting and engagement disclosure records despite the introduction of the Stewardship Code, research suggests.
Vince Cable's plans to "give shareholders more say" will fall flat because institutional investors do not have sufficient incentives to exercise responsible ownership, FairPensions warns.
FairPensions has called on UK scheme members to question the oil industry's "increasingly risky business model" in the wake of the BP Deepwater Horizon disaster.
News that the Norwegian Government Pension Fund Global lost €1.1bn on its 1.75% stake in BP has highlighted the potential impact faced by UK schemes, FairPensions says.