In brief
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October, 2020
Second quarter dividends plummet
Posted by Nick Kempster in Report 0
Global dividends fell by more than a fifth during the second quarter as companies sought to bolster their cash reserves in the wake of the pandemic. Total payouts fell by $108.1 billion to $382.2 billion, the lowest second-quarter total since 2012, according to Janus Henderson’s Global Dividend Index. The decline was the worst quarterly drop since the ...
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October, 2020
Government unveils climate risk disclosure proposals for schemes
Posted by Nick Kempster in Report 0
The UK’s largest pension schemes will be legally required to assess and report on climate change-related risks within their investment portfolios, under government proposals. Under the consultation, trustees of schemes with £5 billion or more in assets would be mandated to report on their climate risk management and accompanying metrics and targets in ...
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October, 2020
ESG risk mitigation rises up agenda
Posted by Nick Kempster in Report 0
European pensions funds’ awareness and desire for action on climate change-related investment risk has surged, according to new research. More than half of schemes are now actively considering the impact of climate risks in their investment allocations, according to Mercer’s latest European Asset allocation insights survey, compared to just 14% in ...
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October, 2020
Inflation switch could cost schemes £80 billion
Posted by Nick Kempster in Report 0
Government plans to align the Retail Price Index (RPI) with the Consumer Price Index (CPIH) could see pension schemes up to £80 billion worse off, the Pensions and Lifetime Savings Association (PLSA) has warned. The UK Statistics Authority and the Treasury unveiled plans to align the inflation measures under a joint consultation in March. Following the ...
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October, 2020
DB transfer values remain elevated
Posted by Nick Kempster in Report 0
Defined benefit transfer values rose to a record high in July as Gilt yields continued to fall, whilst the number of members taking a transfer continued at pre-lockdown levels. XPS Pensions Group’s Transfer Value Index reached a record high of £261,500 on 30 July, before falling back to end the month at £260,700, up from £259,700 at the end of ...
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October, 2020
LPP commits £150 million to private rented housing
Posted by Nick Kempster in Report 0
Local Pensions Partnership has committed £150 million into the private rented housing sector alongside institutional investors including Allianz. The pension pool made the allocation to residential investment vehicle DOOR, which is co-sponsored by Oxford Properties and DV4, which alongside APG Asset Management and Qatari Diar as separate shareholders, ...
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