The Greater Manchester Pension Fund (GMPF) has invested £10m in a social impact fund launched by Resonance to tackle homelessness.
Evita Zanuso looks at the role social assets can play in UK pension fund portfolios to help build back after the pandemic
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.
The government will encourage investors to support social impact programmes by working with the investments and saving industry, it has announced.
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.
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.
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.
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.