AXA IM rebrands fund to broaden social progress mandate
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New social progress vehicle to cover wider remit
AXA IM s Anne Tolmunen
AXA Investment Managers has rebranded its AXA WF Framlington Women Empowerment fund in order to expand its investable universe.
The fund, which will now be called AXA WF Framlington Social Progress, formerly invested in companies that fostered gender diversity. It will now invest in companies that address a wider range of social needs relating sustainable human progress.
So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
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