Tomorrow we will have an announcement from one of our leading DC pension plans that it is switching its default option into a fund that focusses on sustainable investments.
To mark this, we will have a special pension playpen lunch at the Counting House to be chaired by the amiably brilliant Mark Scantlebury which will ask some important questions.
What do we mean by “sustainable”?
Is the fund’s move about helping members to better outcomes or a cynical publicity stunt?
Is “sustainable investment” fine as a concept but lacking as a long-term investment strategy?
I asked these questions to my not so politically right on colleagues at First Actuarial and those who responded , responded with scorn and derision.
What do you think?
If you are in London tomorrow (Monday 7th November) get yourself to the Partners Room at the back of the Counting House pub at 50 Cornhill (2o0 yards west of bank). The Pension PlayPen lunch will kick off at 12.30 sharp and finish at 1.45pm (with some networking after).
It’s PAYE (pay as you eat) and the bill is divied up – typically it costs £15- we like to pay in cash but if you are planning to put this on expenses – you can have an individual receipt.
Let’s have a bumper turn out for this important debate.