News

It will take too long to save into defined contribution (DC) pensions to keep retirement savings steady and offset the loss of defined benefit (DB) income, according to Lane Clark & Peacock (LCP).

Standard Life Aberdeen is set to rebrand as Abrdn as part of efforts in "reshaping" the business and its growth strategy.

Trustee time and resource is being eaten up by excessive requests for scheme data from company auditors, according to the Association of Professional Pension Trustees (APPT).

Professional Pensions rounds up some of the latest ESG and climate news from across the industry.

Professional Pensions is holding the second part of its defined contribution (DC) conference next Tuesday (27 April) between 9:30am and 11:45am.

Pension schemes must ensure a full range of ESG risk factors beyond just climate change have been considered, the Pensions Policy Institute (PPI) warned in a report yesterday (22 April).

A Treasury Select Committee report on net-zero transitions and the future of green finance has called on the government to consider climate labelling for financial products and ramp up efforts to tackle greenwashing.

There are five steps crucial for finance firms and organisations to implement in order to enhance their diversity data collection, according to EY, LGBT Great, the Diversity Project and Nicsa.

This week’s top stories included the launch of a new sole trustee firm, and the grilling of The Pension Regulator’s interim chair over conflict of interest concerns.

There is a lack of black people across senior role in financial services and there is a “strong business case” for improving diversity, the Financial Conduct Authority (FCA) has said.