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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Financial Conduct Authority (FCA) – The UK regulator has hired
Sacha Sadan, most recently director of stewardship at
Legal & General Investment Management, as director of environmental, social and governance, a new role.
The FCA said he would develop and advocate for the FCA’s approach to sustainable finance both in the UK and internationally. He will also lead the development of policy to help ensure the long-term safety and soundness of firms, the proper functioning of markets, and consumer protection.
“The FCA is rightly seen as an international leader on the role financial regulation should play in delivering a more sustainable and greener future,” said Nikhil Rathi, chief executive officer of the FCA. “We welcome the recent addition to our remit of a requirement to have regard to the UK target of net zero carbon emissions. I am delighted to have someone of Sacha’s experience and insight joining us to help us accelerate this important work.”
Hymans Robertson chooses head of LGPS investment
Hymans Robertson chooses head of LGPS investment
Philip Pearson
Mr. Pearson replaced
Andrew Green.
Mr. Pearson was a senior investment consultant at the firm, responsible for developing client consulting and with a strategic focus on the local government pension funds. The spokeswoman said the firm has a number of other senior investment consultants and did not comment on any replacement. Philip brings a great deal of investment and client consulting experience to this role, at a time when our LGPS investment business is continuing to broaden the reach that we have achieved over many years. The expertise he brings will enable us to extend and evolve our investment offering as we continue to support our LGPS clients over the forthcoming months, Mr. Walker said in a news release Wednesday.
Spirit Sensation, Ketel One Botanical Vodka Spritz, Expands To 11 New States
The 73 calorie cocktail in a can effortlessly elevates any occasion, year-round
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NEW YORK, March 3, 2021 /PRNewswire/ On the heels of a successful limited launch in September 2020, the Ketel One Botanical Vodka Spritz is now officially available in over 20 states across the country, including Pennsylvania, Connecticut, Michigan and North Carolina, among others. Created by 11th generation family distillers, Carl Nolet Jr. and Bob Nolet, the Ketel One Botanical Vodka Spritz has no carbs, no added sugar,
no artificial flavors or sweeteners, is
In Our View: Safely reopening schools a difficult balancing act The Columbian
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One of the difficulties of the coronavirus pandemic has been the uniqueness of it all. With the virus being previously unknown, mitigation efforts have been created from scratch, amounting to little more than a best-guess scenario. Responses need to be adjusted as information increasingly becomes available.
When schools closed for in-person learning a year ago, we didn’t know much about either the coronavirus or how well children could learn remotely. A year later, we know a lot more, and it’s evident that the dangers of failing in classes are more pressing than the danger of children contracting COVID-19.