HSBC

There are no boundaries to smaller schemes taking environmental, social and governance (ESG) factors into consideration in their investment decisions says Mark Thompson.

The government has announced a pensions dashboard will be launched by March next year. But, as Jonathan Stapleton says, the prototype version will have significant limitations and will need to overcome a range of hurdles.

Pension funds remain the most preferred way to invest spare cash, according to research by HSBC Global Asset Management.

Redington has hired Jinesh Patel as vice president of its defined contribution (DC) and financial wellbeing consulting practice.

Michael Ferguson has been made a senior consultant on Aon Hewitt's public sector team as the consultancy sees growing demand for governance advice.

KPMG has beefed up its defined contribution (DC) practice with the appointment of eight full-time DC specialists in senior management positions.

HSBC is to cut pension payments to its highest executives from next year as part of plans to bring its policy in line with other top FTSE companies, according to reports.

Schemes need to customise communications to members more to avoid sending out the wrong messages, according to HSBC pension scheme chief investment officer Mark Thompson.

Executives at blue chip companies had average employer contributions worth 34.1% of salary last year, according to the Trades Union Congress (TUC).

The 0.75% charge cap on auto-enrolment default funds does not prevent investors from using active management in volatile sectors where it can add value, says HSBC Global Asset Management.