News
Uber Pledges to Provide Sharia-Compliant Pensions in the UK
However, union says ride-hailing firm has yet to tell its majority Muslim drivers.
Tag: UK
Newsmakers
Canadian, UK DB Plans Improve Despite Market Volatility and Inflation
Rising bond yields more than offset investment losses to reduce pension liabilities.
Newsmakers
UK’s Biggest Pension Fund Facing Lawsuit, Potential Strikes Over Benefit Cuts
The plan is increasing contributions while cutting benefits despite significant investment returns last year.
Asset Allocation
British Pension to Shift $6.7 Billion Away from Polluters
USS is the largest private pension fund in the UK.
Newsmakers
UK Pension Ownership of British Firms Plummets
The proportion of public shares held by UK pensions has fallen to 4% from one-third since 1990.
Asset Allocation
Wellcome Trust Saw 34.5% Returns for Fiscal Year 2020-2021. Here Was Its Strategy.
This is the British health care charity’s best-performing year in two decades.
Regulation
UK State Pension Struggling to Manage Inflation
The government’s decision to not increase pension payments in step with inflation in 2022 has angered many.
Regulation
UK Government Considering Relaxing Fee Cap on AUM
If the change goes through, plans will have more freedom to invest in lucrative private equity and venture capital.
Asset Allocation
UK Pension Plans Lag Behind in Climate Change Plans
The availability of climate-related data can be a significant issue for trustees.
Cutting the Costs of Decarbonization
LCP says the answer to reaching net-zero ‘without breaking the bank’ is blowing in the wind power.
Pensions
Uber to Begin Rolling Out Pensions to 70,000 UK Drivers
The ride-sharing firm’s plan will be provided by NOW: Pensions and managed by Adecco.
Pensions
UK Task Force Provides Recommendations to Boost Pensions’ Voting Powers
British pensions investing in pooled funds currently have no right to vote on issues such as climate change, diversity, or pay.
Asset Allocation
Some of the UK’s Largest Asset Managers Back Diversity Initiative
Asset Owner Diversity Charter signatories represent $1.3 trillion in assets under management.
14 UK Pension Funds Sign Prince of Wales’ Climate Pledge
Investors with $315 billion in assets under management commit to setting net-zero goal within a year.
Pensions
UK Parliament Launches Pension Industry Climate Inquiry
A committee seeks to examine government’s pension stewardship ahead of COP26 climate conference.