Tag Archives: ESG

8.5m Nest members behind bid to buck-up Barclays

  You may not know it, but you could just have become a stakeholder in how Barclays finances companies and in the process become a climate change activist. Share Action has co-ordinated a group of organisations , including NEST to … Continue reading

Posted in pensions | Tagged , , , , , , | 2 Comments

Time for pensions to act on climate change

The DWP has written a letter to the Pensions Regulator telling it to set out its climate change strategy. The letter is a little awkward as it tries to shoehorn the need for this strategy into TPR’s core objectives.  It’s … Continue reading

Posted in advice gap, ESG, pensions | Tagged , , , , , | 2 Comments

Our right to dream of a fairer deal for older people.

It’s been another brutal week in politics. I’m glad that the pensions team in place at the start of it – remain in place at the end of it.  I’m pleased  that Guy Opperman remains our pensions minister. As my … Continue reading

Posted in age wage, pensions | Tagged , , , , , , , , , , | Leave a comment

Now it’s a Pension “Green” Bill

  The Government has introduced  radical new amendments to the Pension Schemes Bill  which allows it to force effective governance and disclosure of climate risk by occupational pensions schemes. What’s “radical” is that these amendments give the DWP the power … Continue reading

Posted in dc pensions, ESG, pensions | Tagged , , , , , | Leave a comment

“Is the fund industry morally bankrupt?”

It is 80 years since the United States set down the Investment Act that established four principles on which fund governance sits. Fund governance refers to a system of checks and balances and work performed by the governing body (board) of … Continue reading

Posted in advice gap, age wage, pensions | Tagged , , , , , | 3 Comments

Christmas cards and transparency

It’s an unlikely chain of events that leads to us asking whether we should be buying charity Christmas cards from Tescos. It depended on a Florence Widdicombe, a six year old girl reporting to her Dad, her Dad reporting (via … Continue reading

Posted in age wage, ESG, pensions | Tagged , , , , | Leave a comment

Do we have to be told to save our planet?

Do we have to be told? Share Action’s Master Trust survey starts with the question “IS REGULATION ENOUGH?” and through the 26 pages of Lauren Peacock’s survey that remains the key question. But there are secondary questions… Can we trust … Continue reading

Posted in ESG, pensions, social media, trustee | Tagged , , , , , , , | 1 Comment

Why the FCA cares about IGCs

New powers for IGCs Slipped into the wash-up of consultation responses and Calls for Input published in the last full business week of 2019 was the FCA’s PS19/30 which substantially extends the role of IGCs IGCs currently provide independent oversight … Continue reading

Posted in dc pensions, ESG, IGC, pensions | Tagged , , , , | 1 Comment

Boring Money – Extinction Rebellion and Responsible Asset Owners – we cannot go on the way we are.

Yesterday I was lucky to see the best of institutional and retail financial services. In Church House, the seat of the Church of England, I saw institutional investors and asset owners renounce green-washing and embrace responsible – impactful -investment with … Continue reading

Posted in advice gap, age wage, pensions | Tagged , , , | Leave a comment

Extinction , Boredom or Symposium?

Frivolity of fidelity, mindless or mindful – which will it be? I am faced this morning with stark choice. Do I cycle on the north side of the river to join responsible asset owners and Adrienne Lawlor working out how … Continue reading

Posted in advice gap, age wage, economics, ESG, Guidance, pensions | Tagged , , , , | 2 Comments