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MPs: We have ‘lost confidence’ in TSB chief

The Treasury select committee says it has ‘lost confidence’ in the leadership of TSB chief executive Paul Pester for failing to tackle a string of IT failures at the bank. The MPs believe that Pester did not give adequate explanation of the problems faced and how to solve them at a hearing earlier this week, […]

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Hermes unveils new carbon tool to help improve ESG investing

Hermes Investment Management has unveiled a new ESG investing tool to help its fund managers assess a fund’s carbon performance and risk. Hermes says the tool assesses the carbon risk of an investment fund relative to its benchmark and of listed companies with their peers. The tool will also be used for client reporting to […]

Ros Altmann
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Ros Altmann: My solution to the DB transfer advice debacle

The six million people in defined benefit pension schemes who could be enticed by the high transfer values on offer are causing much consternation among parliamentarians, the regulator and financial advisers. The FCA has found a significant proportion of transfer advice to be unsuitable or questionable. Its latest consultation suggests big changes to the way […]

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