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UK Asset Owners and Managers to Form Sustainability Alliance


January 14, 2021
UK Asset Owners and Managers to Form Sustainability Alliance
Nest and others are discussing how to embed environmental and other worthy goals into manager disclosures and selection.  
 
How can pension plans and financial managers boost sustainable investing? By forming a group to do so.
British asset owners and managers are forging an alliance with that in mind. It’s in response to greater calls from regulators in the country to further the fight against climate change and promote other societal goals.
The steering group that convened this week is led by the Pensions and Lifetime Savings Association (PLSA) and the UK Investment Association (IA), and will be co-chaired by PLSA Chair Richard Butcher and Archie Struthers, the global head of investment governance and oversight at Standard Life Aberdeen, the group said Wednesday. ....

United Kingdom , United Kingdom General , Robert Walker , Jennifer Ryan , Luba Nikulina , Richard Butcher , Archie Struthers , Rachel Elwell , Sarah Woodfield , Stuart Obrien , Lifetime Savings Association , United Kingdom Investment Association , Border To Coast Pension Partnership , Financial Conduct Authority , Standard Life Aberdeen , Helen Dean , Coast Pension Partnership , Willis Towers Watson , Stuarto Brien , State Street Global , Manager Sarah Woodfield , Asset Management , Climate Change , Net Zero , Asset Managers , ஒன்றுபட்டது கிஂக்டம் ,

Welcome To IANS Live - BUSINESS - A month after wage hike, Indian seafarers get pension


Photo Credit: IANS
IANSLive
Mumbai, Jan 13 (IANS) In a double benefit during the corona pandemic, the Centre has decided to extend pension cover benefits to over 4,00,000 seafarers across all categories, as per an agreement with the National Union of Seafarers of Indian (NUSI), a top unionist said here on Wednesday.
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Update: 13-January-2021 ....

National Union Of Seafarers Indian , News Service , India Private , National Union , All Rights , தேசிய தொழிற்சங்கம் ஆஃப் கடற்படையினர் இந்தியன் , செய்தி சேவை , இந்தியா ப்ரைவேட் , தேசிய தொழிற்சங்கம் , அனைத்தும் உரிமைகள் , கப்பல் போக்குவரத்து ,

Korea construction workers' pension seeks managers for two mandates


South Korea’s Construction Workers Mutual Aid Association (CWMAA) plans to hire 18 local and foreign fund managers for two equity mandates of unspecified value.
The group will appoint 11 local managers for a domestic equity mandate, and seven international managers for a foreign equity mandate, according to its request for proposal published on the website of the Korea Financial Investment Association on January 12.
The domestic mandate is benchmarked against the Korea Composite Stock Price Index, and the foreign mandate against the MSCI All Country World Index.
The move represents a shift in direction for the pension fund, which has focused on outsourcing for alternative or non-mainstream strategies rather than plain vanilla investments in recent years, according to a portfolio manager in Hong Kong. ....

South Korea , Hong Kong , Korea Construction Workers Mutual Aid Association , Korea Financial Investment Association On , Construction Workers Mutual Aid Association , Korea Financial Investment Association , Korea Composite Stock Price Index , Country World , Asia Asset Management , தெற்கு கொரியா , ஹாங் காங் , கொரியா கட்டுமானம் தொழிலாளர்கள் பரஸ்பர உதவி சங்கம் , கொரியா நிதி முதலீடு சங்கம் ஆன் , கட்டுமானம் தொழிலாளர்கள் பரஸ்பர உதவி சங்கம் , கொரியா நிதி முதலீடு சங்கம் , கொரியா கலப்பு ஸ்டாக் ப்ரைஸ் குறியீட்டு , நாடு உலகம் , ஆசியா சொத்து மேலாண்மை ,

Pension payouts hit a record Sh20.4 billion


Pension payouts hit a record Sh20.4 billion
Tuesday January 12 2021
By JOHN MUTUA
Summary
Statistics by the office of the Controller of Budget (CoB) shows that the value of retirement perks paid out to civil servants jumped 33.33 percent in July-September 2020 from Sh15.36 billion in a similar window of 2019 exposing the pension burden facing the government.
Michael Kagika, the Director of Pensions at The National Treasury, attributed the Sh5.08 billion jump to a court ruling that led to the revision of pension claims for teachers who retired between 1997 and 2003.
Pension and gratuity payouts hit a record high of Sh20.44 billion in the first quarter of the current financial year, new data shows, even as the Treasury raced to clear a backlog and honour a court award to a group of retired teachers. ....

Michael Kagika , Justice David Maraga , Teachers Service Commission , Public Service Superannuation Scheme , National Treasury , High Court , Business Daily , Controller Of Budget , ஆசிரியர்கள் சேவை தரகு , பொது சேவை சுப்பெறன்ணுஅதிோன் திட்டம் , தேசிய கருவூலம் , உயர் நீதிமன்றம் , வணிக தினசரி , கட்டுப்படுத்தி ஆஃப் பட்ஜெட் ,