Corporate Adviser

5 days ago | corporate-adviser.com | John Greenwood

Payments of £70 due to a million low earners in net-pay pension schemes have been delayed by a year because of IT and administration delays, Corporate Adviser can reveal. In 2022 the Government said it would legislate to compensate individuals who save in occupational pension schemes under net pay arrangements (NPA) who miss out on a 20 per cent top-up on their pension contributions. The Government estimates 75 per cent of those affected are women.

1 week ago | corporate-adviser.com | Muna Abdi

Nuveen has launched a new Global Emerging Market Debt strategy, aimed at investors in Europe and Asia Pacific. The fund focuses on hard currency debt from emerging market governments, quasi-sovereigns, and corporates. It aims to outperform its benchmark through selective country and bond picks. It’s managed by Katherine Renfrew and John Espinosa, supported by a 17-person team within Nuveen’s wider fixed income division. The firm already manages over $12bn in emerging market debt.

1 week ago | corporate-adviser.com | Muna Abdi

Schroders, in partnership with Cornell University’s Global Labor Institute, has launched a new framework to help investors engage with companies facing growing risks from climate change. The framework is designed to support engagement with firms around the climate risks they face and sets out steps companies can take to assess risks and improve resilience. Schroders is already using the framework in the apparel sector and plans to expand it to areas like food and construction.

1 week ago | corporate-adviser.com | Muna Abdi

L&G and Perci Health found that returning to work is the top concern for employees with cancer, with 83 per cent prioritising it over other issues like challenges with lifestyle activities at 65 per cent and social activities at 59 per cent. But financial struggles were among the least cited concerns, mentioned by just 28 per cent, followed by relationship difficulties at 26 per cent and challenges in speaking with children at 12 per cent.

1 week ago | corporate-adviser.com | Muna Abdi

Raindrop, a pension finding platform, has recovered £500 million in savings from almost 45,000 lost pension pots for savers since its launch. Last year, it recovered £251 million in lost pension savings, up from £156 million in 2023. This is equivalent to more than 18,000 pots, with an average value of nearly £14,000. The largest pot uncovered to date was worth £656,000. Raindrop works with banks, pension providers, and advisers like AJ Bell and Standard Life to help people find lost pension pots.