A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.
An industry taskforce aimed at boosting innovation in the finance industry to enhance the profitability of social impact investment has been commissioned by the prime minister.
The UK's 25 largest defined benefit (DB) pension funds are being asked how they deal with climate risk after the government admitted a "widespread misunderstanding" of fiduciary duty.
Catherine Howarth says unlike the EU, our own policy-makers have been cautious in seeking to make the financial sector useful to Britain's environmental and social goals
Pension scheme members may be unwittingly investing in controversial firms as some ethical funds are not disclosing their full holdings.
Recommendations encouraging pension funds to vote against companies failing to act on climate change have been published by the Pensions and Lifetime Savings Association (PLSA).
All private sector defined benefit (DB) schemes will have at least closed to accrual by 2028, according to this week's Pensions Buzz respondents.
In this week's Pensions Buzz we want to know if you think there will be any private sector defined benefit schemes still open to accrual within a decade.
The government says it plans to clarify legislation around consideration of broader long-term financial risks, and schemes' ability to consider members' non-financial or ethical concerns.