In brief

  • June, 2019

    Unison warns over LGPS opt-out proposals

    Posted by in Report 0

    Unison, the public sector trade union, has warned that government plans to allow universities and colleges to opt out of the LGPS for new non-teaching staff could have harmful consequences. Unison national secretary, Jon Richards, said that proposals could damage cash flows at LGPS funds, affecting LGPS members as a whole. Currently, post-1992 ...

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  • June, 2019

    PLSA seeks to raise workforce reporting standards

    Posted by in Report 0

    The Pensions and Lifetime Savings Association (PLSA), the trade body for pension funds in the UK, has invited business leaders to meet with pension funds to discuss their reporting of employment models and working practices. The PLSA chief executive, Julian Mund, wrote a letter to the chairmen of the FTSE 100 companies, saying that pension funds managing ...

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  • June, 2019

    New body to champion impact investing in the UK

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    A new body, the Impact Investing Institute, aims to position the UK as a global champion of impact investing, or using investments to produce returns and also socially and environmentally positive results. The new body has a mission of encouraging ordinary savers to select pensions and savings products that will benefit issues that they care about. It ...

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  • June, 2019

    New tools should improve cost transparency

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    New standards that should enable pension funds to compare asset manager costs and charges have been launched by the Cost Transparency Initiative (CTI). The CTI has developed templates and guidance for asset managers so they can report costs in a standardised format. The tools cover a wide range of pension fund assets and are expected to be adopted by ...

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  • June, 2019

    EMS claims £6.5 million exit credit from Northamptonshire

    Posted by in Report 0

    The Northamptonshire County Council Pension Fund is being sued for £6.5 million by Enterprise Managed Services (EMS), which was dropped from a £7 million a year contract by Northampton Borough Council (NBC) and Daventry District Council (DDC) in 2018. EMS, now part of the Amey Group, claims it should get around £6.5 million as an exit credit from the ...

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  • June, 2019

    Border to Coast hires managers for £4.5 billion global equity fund

    Posted by in Report 0

    Border to Coast Pensions Partnership has announced the appointment of four external managers for a global equity fund expected to reach over £4.5 billion when launched later this year. The four managers are Harris Associates, Investec Asset Management, Lindsell Train and Loomis Sayles & Company. Border to Coast looked at proposals from over 90 asset ...

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