Page 36 - Aegon News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Aegon partners with HSBC to embed ESG criteria into default funds Aegon is the first investor in HSBC's new Developed World Sustainable Equity Index Fund Aegon has embedded ESG criteria across its in-house workplace default funds through a partnership with HSBC Global Asset Management. The launch of the ESG component across Aegon Retirement Choices' (ARC) workplace default range comes after the firm committed to a target of net-zero carbon emissions by 2050. From this month, key ARC... To continue reading... Upgrade Professional Pensions is the UK's leading publication for the occupational pe...

Some £20.1bn of defined benefit (DB) pensions were advised to transfer between 2018 and 2020, while £10.2bn were recommended not to transfer, Financial Conduct Authority (FCA) data reveals.

The pension provider is also aiming to slash the carbon emissions in its default pension funds in half by 2030, covering around £10bn of assets

Pension contributions drop 11% during first lockdown ‘Dramatic’ drop due to pandemic’s economic impact Workplace DC pension contributions drop 11% during first lockdown Contributions to workplace defined contribution (DC) schemes dropped 11% during the first national lockdown last spring, official data reveals. Figures from the Office for National Statistics (ONS) showed employee contributions fell by 11% between January and March last year. Q2 (between April and June) was a similar story with an 11% employee... Sign In To read this story please register PA is dedicated to championing p...

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 Find whitepapers