News

The Environment Agency Pension Fund (EAPF) has moved its entire £280m global passive equities portfolio into low carbon passive indices following concerns over its climate risk exposure.

A group of investors including two UK schemes have urged Shell to drop its membership from a US lobby group accused of being obstructive on climate policy.

The Pensions Administration Standards Association (PASA) has announced the members of its Guaranteed Minimum Pensions (GMP) working group.

Jim Green has been appointed as a client director by Independent Trustee Services (ITS) to lead trustee appointments on behalf of the firm.

Steve Webb has warned that the Conservative government may target the £15bn salary sacrifice bill in its July emergency Budget.

The government will not establish a cap on drawdown charges unless it is needed says Lord David Freud.

An industry-wide defined contribution (DC) scheme for maritime employers and employees will provide full access to the pension flexibilities.

Using active share to measure a manager's ability to outperform could be detrimental for schemes, according to Hermes Investment Management.

Caffyns has removed almost £9m of defined benefit (DB) pension liabilities from its scheme after switching its pension payments to the Consumer Prices Index (CPI).

The total deficit of schemes in the Pension Protection Fund (PPF) 7800 Index has fallen by more than a third since the record high of £367.5bn in January.