More ESG news – Page 282

  • News

    Pensions is biggest employee concern for 2009

    2008-12-11T16:10:00Z

    [17:10 CET 11-12] GLOBAL – A survey of HR professionals about the provision of employee benefits in 2009 has revealed retirement provision is now the greatest concern to employees, according to Mercer.

  • News

    Mercer to help drive Nissan’s pensions strategy

    2008-12-10T16:00:00Z

    [17:00 CET 10-12] GLOBAL - Mercer, the consultancy firm, has been appointed by car manufacturer Nissan Motors to be its global retirement consultant.

  • News

    Central control over HR key to mobile pensions

    2008-12-10T15:30:00Z

    [16:30 CET 10-12] GLOBAL - Multi-national firms offering mobile employees some form of international pension arrangements to mobile workers effectively have to rein in the promises HR departments may make when travelling from one location to another, suggest an official at mining giant Rio Tinto.

  • News

    1 in 5 pension providers still not SRI-proof

    2008-12-08T16:20:00Z

    [17:20 CET 08-12] NETHERLANDS – Over 20% of Dutch pension funds and pension insurers have yet to make any effort to develop a socially-responsible investment (SRI) policy, according to the Association of Investors in Sustainable Development (VBDO).

  • News

    Pensions 'must go back to basics'

    2008-12-08T16:00:00Z

    EUROPE – European pension fund managers are predicting colleagues will simplify their investment strategies in light of the recent market turmoil, look for lower average returns and apply a “back to basics” approach to risk management in the future.

  • Baerum appoints consultant for new scheme
    News

    Baerum appoints consultant for new scheme

    2008-12-05T14:40:00Z

    [15:50 CET 05-12] NORWAY – The Norwegian municipality of Baerum has appointed Pensjon & Finans AS to help establish a new pension fund.

  • News

    ABP votes against Fortis directors (Update)

    2008-12-02T15:50:00Z

    [16:50 CET 02-12] NETHERLANDS – Giant Dutch pension fund ABP has voted against all but one of the proposed appointments to the board of directors at nationalised Belgian-Dutch bancasurer, IPE has learnt. (Updated with quotes from Paul Frentrop)

  • News

    Conflict potential should not discourage trustees

    2008-12-01T16:05:00Z

    [17:05 CET 01-12] UK – The potential for conflicts of interests should not put people off from becoming a trustee, as resignation is now seen as the 'last resort', lawyers have claimed.

  • News

    Pension pressure improves human rights at Sodexo

    2008-12-01T16:00:00Z

    [17:00 CET 01-12] SCANDINAVIA – Constructive dialogue by the Ethical Council of the Swedish AP-Funds has resulted in the service company Sodexo adopting a company-wide human rights policy, and has in turn led to it being re-instated as an investment option for the Norwegian life insurer Kommunal Landspensjonskasse (KLP).

  • News

    Ombudsman warns trustees over investment role

    2008-11-28T15:55:00Z

    [16:55 CET 28-11] IRELAND – The Pensions Ombudsman has warned it is time trustees of pension schemes, including professional trustees, to recognise their responsibilities to members particularly in areas such as investment.

  • News

    Conservatives will 'reign back' on DB regulation

    2008-11-27T15:00:00Z

    [16:00 CET 27-11] UK – The UK's Conservatives opposition party has confirmed they would "reign back" on regulation of defined benefit (DB) schemes if they enter power after the next general election.

  • News

    Section 75 changes aimed at late 2009

    2008-11-26T16:00:00Z

    [17:00 CET 26-11] UK – Changes to the Section 75 employer debt regulations resulting from government consultations will not be implemented until October 2009.

  • News

    Talking Point: the security of a sponsoring employer

    2008-11-25T16:05:00Z

    TALKING POINT -The turbulence of the last year has shown while many pension funds' risk strategies are focused on the short-term volatility of the financial markets, economic pressures elsewhere could present bigger questions about the strength of the employer covenant or a sponsor's financial backing.

  • Rise in use of independent trustees
    News

    Rise in use of independent trustees

    2008-11-24T15:35:00Z

    [16:35 CET 24-11] UK – The number of UK occupational pension schemes employing at least one independent trustee has increased to 44% in the last year, Mercer has revealed.

  • News

    'Common language needed' for pensions

    2008-11-24T15:00:00Z

    [16:00 CET 24-11] EUROPE – The continuing row over pensions solvency and differing regulatory systems could be solved by developing a common language for pensions, regardless of the provider or delivery, according to Jos Streppel, chief financial officer at Aegon NV.

  • News

    Credit crisis is opportunity for SRI - Pearce

    2008-11-21T10:50:00Z

    [11:50 CET 21-11] UK - The current credit crisis and market turmoil could present real opportunities for responsible investment as the weaknesses of the existing financial sector are exposed, suggests Howard Pearce, head of environmental finance and pension fund management at the Environment Agency.

  • Call for pension sea change
    News

    Call for pension sea change

    2008-11-21T10:30:00Z

    [11:30 CET 21-11] EUROPE - Pension funds, asset managers and consultants need to completely change the way they are working together to ensure the future of pension provision but not through new outside regulation, Amin Rajan, CEO of Create-Research, told delegates at the IPE seminar in Barcelona yesterday.

  • News

    Longevity risk is the 'main issue' for pension funds

    2008-11-21T09:45:00Z

    [10:45 CET 21-11] EUROPE - Pension funds' "exposure to longevity risk" is still the main liability issue facing pension funds today, Professor David Blake, director of the Pensions Institute at Cass Business School, has warned.

  • Schemes advised 'create two-tier governance'
    News

    Schemes advised 'create two-tier governance'

    2008-11-20T14:45:00Z

    [15:45 CET 20-11] IPE SEMINAR - Pension fund governance needs to move forward from the "piecemeal" approach currently adopted towards a two-tier system and separate professionals from "lay" board members and trustees, a study produced by Brian Holden has recommended.

  • News

    ESG progress overshadowed by managers' performance gap

    2008-11-19T11:30:00Z

    [12:30 CET 19-11] UK – Fund manager signatories to UN-backed Principles of Responsible Investment (PRI) are front runners in environmental, social and governance (ESG) issues, though a performance gap between best and worst performer marks overall practice, according to FairPensions.