News

The Brunel Pension Partnership has reduced the carbon intensity of its active portfolios by 7% compared their respective benchmarks, it has revealed today.

Legal claims for compensation are being considered against the Woodford Equity Income fund's (WEIF) authorised corporate director (ACD) Link Fund Solutions, which is accused of early-stage failures in the fund's collapse, a failure to act in the best...

Link Fund Solutions (LFS) has agreed to sell "a significant portion" of the stricken LF Equity Income fund's holdings to US firm Acacia Research Corporation for up to £223.9m.

The Financial Conduct Authority (FCA) has banned the use of contingent charging in defined benefit (DB) transfer advice.

Passive outperforms over five years

The impact of the coronavirus pandemic on the UK labour market will cause a significant increase in the number of dormant pension pots in 2020, with defined contribution (DC) schemes most affected.

The number of excess deaths for week 21 of the year have been very similar to the number of Covid-19 related deaths for the first time since March, according to the Continuous Mortality Index (CMI).

Fidelity International has launched three actively-managed ESG ETFs, further expanding the five-strong Sustainable Family range of funds it released in last September.

Barnett Waddingham has promoted nine to partner level in response to growing client demand and to maintain market-leading service delivery for clients.

Three accounting bodies have published specific Covid-19 guidance for the compilation of pension scheme accounts, recognising that “it can’t be business as usual”.