News

The Prince of Wales has called on pension funds to use their power as institutional investors to bring environmental, social and governance (ESG) issues into mainstream investment.

This week, respondents demand that the industry cuts back excessive consultants' fees, but cannot decide whether fiduciary principles should extend throughout the investment chain.

Aviva and Hargreaves Lansdown have proposed an alternative system to pot follows member in which members' pensions do not transfer when they move jobs, but their new employers pay into their old schemes.

M&G Investments has agreed to fund the construction of 233 social, affordable and private rental homes in London, as part of its property fund.

The government has committed to exploring ways of improving governance in contract-based defined contribution (DC) schemes, including forming multi-scheme member committees.

Managers charge schemes with similar investment styles and mandates vastly different fees, research says.

Lord John Hutton is to leave his role as MyCSP chairman, it has been announced.

Pensions minister Steve Webb has admitted he is unsure if the legislative framework for defined ambition (DA) will be in place before the end of this Parliament.

John Misselbrook has been appointed interim chief executive by Aviva Investors in a bid to improve the company's investment proposition.

The UK economy delivered growth of 0.3% in the first quarter of the year, the final reading from the Office for National Statistics has confirmed, but revisions to previous readings mean there was no 'double-dip' recession.