Authorisation and communication at heart of framework – but former minister warns first schemes could still be years away
Plus: PPF backs Transition Pathway Initiative, BNPP AM tightens coal policy
West Midlands leads development of ‘sustainable equity framework’ for LGPS Central funds
Existing trustee director Chris Hannon to take over from John Chilman
Plus: Austrian banking institute and Asian institutional investor searches live on IPE Quest
Combined Nuclear Pension Plan plans to enter into a buyout and wind up its GPS EnergySolutions section
Hogan Lovells’ Faye Jarvis explores what the UK’s departure from the EU could mean for pension fund trustees
Plus: L&G’s auto-enrolment master trust selects ESG fund for default strategy
Government pledges to legislate for CMA recommendations that require tendering for fiduciary contracts
Prime minister Theresa May loses vote on withdrawal agreement; ‘No deal’ to be debated today
FCA, PRA and 15 financial services companies to meet three times a year to lead the regulatory approach to climate change
PLSA relinquishes board seat as it reassesses priorities in the lead up to the UK exiting the EU
Life expectancy at age 65 is around five months lower for both males and females, CMI reports
Plus: Nordea launches gender diversity fund; investors to target board membership during AGM season
Fidelity and Neuberger Berman bag mandate for £44bn investment collaboration
Three investors are hunting managers for mandates via IPE’s RFP service, IPE Quest.
£21bn investor group lays out its plans to challenge companies on pay, pensions, tax, emissions, and diversity
Asset managers ‘generally do not disclose all associated costs and charges’ and could face further regulatory action
Choppy markets, economic uncertainity and Brexit are among the issues faced by UK sponsors and trustees
Identifying the funding horizon means balancing objectives and expectations, particularly given likely prescriptive new funding rules
The UK government has proposed collective defined contribution schemes. The model is gaining traction after an initially lukewarm response
About 30% of assets have been absorbed by the new LGPS pools
Standardisation of data provision could prove essential to driving greater competition in UK fiduciary management
The euro’s existential crisis subsided several years ago but it would be wrong to assume it has disappeared. The forces that could undermine its integrity have not vanished.
Continental investors hold nuanced views on Brexit. It is fair to say, however, that they generally see its impact as a negative factor for the UK economy, at least in the short term.
As Australia is one of the world’s largest DC markets, the recent government-backed inquiry into financial services deserves a closer look
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One of the knottier issues in Brussels at the moment is the future of the European supervisory authorities
At 49, Brian Hayes is young man by political standards. Having started in Irish politics early with his appointment to the Irish Senate in the mid 1990s, Hayes was elected to the Dáil, the lower house, before he was 30, taking a seat for the Fine Gail party.
Lieve Wierinck’s main political passion is ensuring the EU takes full practical advantage of Europe’s excellent scientific base
While he derives some satisfaction from advances in green energy and the like, Sven Giegold is unhappy that most global investment can still be classed as environmentally unsustainable.
Are non-peforming loans an investor’s dream come true? Or do they represent immeasurable risks?
Tensions are rising in Brussels as the EU institutional mandate approaches its end ahead of the Parliamentary elections in May 2019, and the Commission has already ceased issuing new proposals in the absence of legislative time.
The race is on to complete the EU’s flagship Capital Markets Union project before the mandates of the Commission and Parliament elapse next year
Another step by Brussels to ease financing to business across the EU comes with measures to facilitate the cross-border distribution of investment funds
PensionsEurope is concerned about a Brexit ‘no deal’ and is calling for negotiators to pay heed to the €3.54trn sector’s interests
Radical upgrades to the EU’s corporate tax base norms have never been so close to fruition
Europe’s asset management industry is lobbying against any mandatory guaranteed default option in the third-pillar PEPP proposal
As the risk of a no-deal Brexit comes into focus, attention is turning to ways to mitigate the damage across financial services, including asset management and pensions
The EU’s securitisation package has finally passed through the European Parliament and Council. However, the new rules will not be applied until January 2019
The EU’s controversial mandate for a radical shake up of financial supervision has received a cool reception from the pensions sector as well as smaller EU members
International investors in the EU have for decades been suffering from woeful dispute settlement proceedings when involved in cases against public authorities
Discussions over the payment of social costs for workers from central and eastern European countries posted temporarily to wealthier EU countries are playing a major role in the attempt to update existing directives
At first sight, the benefits of the European Commission’s Pan European Personal Pension (PEPP) regulation proposal seem clear. But it did not take long for commentators to point out the considerable hurdles
The European Commission’s “further steps to drive forward the Capital Markets Union (CMU)” outline nine new priority legislative actions to solve the EU’s long-term cross-border investment challenge
Strong words on Brexit are flying in political circles. But behind the theatre, concerns about the future of London’s fund management sector are emerging
In contrast to complaints that Brussels’s legislation burdens the financial sector, the European Commission may be gratified by the positive response to its flagship Capital Markets Union (CMU) programme.