OCTOBER 2020
EDITION

VIEW ONLINE
SUBSCRIBE

Register with PP

Newsletter, Jobs & Event Alerts

SEARCH
PROFESSIONAL PARAPLANNER

FOLLOW AND SHARE

LATEST

CATEGORIES

MOST VIEWED

ALL LATEST

 

ALL LATEST

LATEST PROFILES

 

MOST VIEWED PROFILES

  • Martin Vaughan

    Martin Vaughan has been an influential figure in the development of paraplanning in the UK. Rob Kingsbury spoke to...

  • Nathan Fryer – Plan Works

    Nathan Fryer set up outsourced paraplanning firm Plan Works in 2014. He’s now looking to expand the operation.  Nathan...

  • Martin Green – Chadney Bulgin

    Martin Green has two paraplanning awards under his belt and says he intends to use them to help promote paraplanning...

ALL PROFILES

 

ALL PROFILES

LATEST DEVELOPMENT

DEVELOPMENT CATEGORIES

MOST VIEWED DEVELOPMENT

ALL DEVELOPMENT

 

ALL DEVELOPMENT

LATEST JOBS

JOBS FILTER

MOST VIEWED JOBS

ALL JOBS

 

ALL JOBS

LATEST MAGAZINE EDITIONS

LATEST EVENTS

 

PAST EVENTS

ALL EVENTS

 

ALL EVENTS

Latest

Increasing demand for investors’ money to ‘do good’

6 October 2019

Pension providers and asset managers have a growing responsibility to consider environmental, social and governance factors as investors increasingly want to know their money is being invested ‘for good’, a new report by law firm Herbert Smith Freehills and mutual insurer Royal London has shown. 

The report, released ahead of new ESG rules coming into effect on 1st October, found 57% of those with a pension believe that investment managers should ensure holdings are managed in a way that is “positive for society and the environment.”

From the start of October, pension scheme trustees will have to set out their policy on how they take account of financially material factors, including ESG considerations, in their investment decision making.

Smith Herbert Freehills and Royal London said their research showed that considering ESG factors is becoming more relevant to optimising financial returns and effective risk-management by pension schemes and asset managers, in stark contrast to the past when they were largely considered by many as non-financial factors. According to the report, multiple studies have shown that there is generally no reduction in returns from ESG investing and in many cases, investors can benefit from improved returns.

The report also warned that pension providers and trustees who fail to take account of ESG factors face the risk of legal challenges, following a case in Australia where a member is taking a large pension fund to court for failing to disclose information on the potential impact of climate change on his investments.

Samantha Brown, head of pensions at Herbert Smith Freehills, said ESG was no longer an “optional extra” for pension providers, trustees and asset managers but something that must be integrated into decision making.

Brown said: “It is essential that trustees and providers are able to demonstrate that they are taking ESG factors seriously and that they don’t just treat this as a tick-box exercise. There is a growing risk of legal challenge for schemes that fail to do this. Failure to act also runs the risk of causing reputational damage to the scheme and also the scheme’s sponsoring employers.”

Steve Webb, director of policy at Royal London, said: “The flow of new rules from government and regulators, both at home and abroad, is going in only one direction – trustees and asset managers are going to be expected to take much more account of ESG factors in their investment decisions in the future.

“The good news is that the balance of research suggests that this need not only involve sacrificing returns and in some cases can generate enhanced performance. Those responsible for managing other people’s money will need to ensure that they are not behind the curve when it comes to taking account of these important issues.”

Related

MOST VIEWED

CATEGORIES

Featured Videos

  • Our first double bill Technical Insight Webinar took place on Tuesday 22 September 2020 and featured Prudential and NS&I, looking at the building blocks of IHT planning and where trusts fit in and how cash is an essential part of any holistic financial plan.

  • In this video, with Elsa Ordonez Garcia, paraplanner with Mazars, shares her view on how to get the best from the adviser/paraplanner relationship.

    To move through our carousel of videos and podcasts just click on the squares below.

  • In this video, Rebecca Lucas, founder and director of Lime Outsourced Paraplanning, talks about the qualities she feels are needed for anyone looking to set up an outsourced paraplanning business.

    To move through our carousel of videos and podcasts just click on the squares below.

  • We asked five of our presenters what they would most like paraplanners to take away from their sessions at the Technical Insight Seminars 2018. Here’s what Rory Percival had to say about his very popular session.

    The Technical Insight Seminars are being hosted around the country at 11 venues. There are still places at some venues so if you’d like to join over 700 of your fellow paraplanners who have registered to attend, Email [email protected] for more info.

    To move through our carousel of videos and podcasts just click on the squares below.

  • Paraplanner profile December - Rob Kingsbury talked to Kirsty Stone, CISI Paraplanner of the Year 2017, about being a Law graduate, volunteering for Citizens Advice Bureau, working at Pension Wise and becoming senior paraplanner at Dart Capital.

    To move through our carousel of videos and podcasts just click on the squares below.

  • Professional Paraplanner Technical Insight Seminars continue this autumn starting on 6 September in Edinburgh.
    Attendance is free for paraplanners.

    If you are undecided on whether to attend one of our Seminars – or you need some ammunition to put forward your case for attending – in the video below see what some of the paraplanners at the London event thought of the day.

    We have three great days lined up for you at each of our events - featuring plenary sessions and workshops – and we look forward to seeing you there.

    To move through our carousel of videos and podcasts just click on the squares below.

  • For our September issue, we filmed our Paraplanner Profile Caroline Stuart talking about why she will be hosting the national Paraplanners Powwow this year.  

    To move through our carousel of videos and podcasts just click on the squares below.

  • Alan Gow, Owner, Argonaut Paraplanning, Outsourced Paraplanning Services Provider, gives us an insight into his experience as a delegate at the Technical Insight Seminar, Bristol, 9th November 2016.

    Thirty five paraplanners from across the South-West joined us at the Aztec Hotel & Spa for an educational seminar. The delegates heard speakers from The FCA, Technical Connection, Invesco Perpetual, BlackRock iShares, Fidelity, Columbia Threadneedle and Investec Structured Product on a wide range of topics.

    To move through our carousel of videos and podcasts just click on the squares below.

  • Ashley Maloney, Paraplanner at Vestra Wealth LLP, gives us an insight into her experience as a delegate at the Technical Insight Seminar, London, 8th June 2016.

    To move through our carousel of videos and podcasts just click on the squares below.

Do NOT follow this link or you will be banned from the site!