Russia

Further rise could spell good news for pension scheme sponsors

Charlotte Moore looks at how trustees are now viewing sectors such as energy and defence

The impact of Russia’s invasion of Ukraine on scheme investments and covenants

A £4m investment within the LGPS fund has fallen to nil value

Regulator urges trustees to remain vigilant and review investments, risk and covenant

Scheme divestment from Russia and TPR guidance on new Pension Wise rules

Caution over exclusions is needed if motivated by non-financial factors

Scheme has been cutting exposure since the start of the year due to governance concerns

There is an increasing case for taking the moral case into account in decision making

Investors withdraw investments as a result of Russia’s invasion of Ukraine