social impact
GMPF invests £10m to tackle local homelessness
The Greater Manchester Pension Fund (GMPF) has invested £10m in a social impact fund launched by Resonance to tackle homelessness.
Social assets should be key on trustees' to-do list
Evita Zanuso looks at the role social assets can play in UK pension fund portfolios to help build back after the pandemic
Aon paper guides trustees to opportunities for public equity impact
Aon has published a paper offering pension scheme trustees insight into investment areas if they are looking for competitive financial returns and to deliver a positive social and environmental impact.
Government to work with industry on growing social impact investment
The government will encourage investors to support social impact programmes by working with the investments and saving industry, it has announced.
DWP plans to consult on ESG fiduciary duties from June
The Department for Work and Pensions (DWP) expects to consult on trustees' legal duties to consider environmental, social and governance (ESG) risks from next month.
Pre-1997 benefits should not have statutory inflation protection, say half of respondents
Granting statutory protection to pre-1997 benefits in defined benefit (DB) schemes would be an unfair cost to sponsors and would force even more closures, according to this weeks' Pensions Buzz respondents.
FCA mulls expanding IGC remit with social investing duties
Independent governance committees (IGCs) may see their remit expanded to include reporting on social investing issues under Financial Conduct Authority (FCA) plans unveiled in its business plan today.
May commissions taskforce to 'unlock capital to boost impact investment'
An industry taskforce aimed at boosting innovation in the finance industry to enhance the profitability of social impact investment has been commissioned by the prime minister.
