Govt rejects default pathways for decumulation

The government has rejected a recommendation to introduce default decumulation pathways saying it would be inconsistent with pension freedoms. In April the work and pensions select committee published a report on pension freedoms where it proposed ways outcomes for savers could be improved. Among the recommendations, the committee said every drawdown provider should offer customers a […]


LGIM acts against companies failing to tackle climate change

Legal & General Investment Management has removed eight global companies from its Future World Funds range for not confronting the effects of climate change. From the start of the June, the Future World Funds did not hold the following companies: China Construction Bank Rosneft Oil Japan Post Holdings Occidental Petroleum Dominion Energy Subaru  Loblaw Sysco Corporation The […]

Investment trusts hike income payments

Income payments are increasing in frequency and size from investment trusts, new data suggests. Data from broker Winterflood Securities cited by the Financial Times shows that between 2013 and 2017, the proportion of trusts that paid some form of dividend for the year rose from 69 per cent to 82. The proportion of the 321 […]


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