BlackRock

Emma Douglas is head of defined contribution at Legal & General Investment Management (LGIM). After 20 years at the top of the pension and investing sector, she tells Laura Miller how diversity initiatives fail, the blunt answer to the female boss problem,...

Investors in the LF Equity Income fund, formerly run by Neil Woodford, will receive between 46p and 59p per unit they hold in the fund for their first capital distribution, Link Fund Solutions has said.

The date investors trapped in the Woodford Equity Income fund will receive their first capital distribution once the fund’s winding up process has begun has been pushed back to 30 January, Link Fund Solutions said.

Metrics that will allow pension funds to compare providers’ performance for the first time will provide a much-needed boost to transparency, according to Dalriada Trustees.

BlackRock has been appointed as the fiduciary manager for the UK Power Networks Group of the Electricity Supply Pension Scheme (ESPS).

This week’s top stories included the selection of BlackRock as fiduciary manager for the £4bn legacy Electricity Supply Pension Scheme.

The £45bn Border to Coast Pensions Partnership has launched its largest fund to date, with £5bn of Local Government Pension Scheme (LGPS) assets being allocated to global equity alpha.

NEST has allocated 5% of assets to private credit and announced its two fund managers for this area. Holly Roach looks at how the provider is leading the way for other schemes

Aegon has incorporated ESG into its £19bn TargetPlan defined contribution (DC) default fund for its master trust and group personal pension plan.

NEST, Aegon Master Trust, Ensign Retirement Plan, Creative Pension Trust and the Baptist Pension Scheme have been authorised by The Pensions Regulator (TPR).