- Save articleNews
Centrica picks Redington as OCIO oversight provider for DB schemes
The company has three pension schemes with more than 36,000 members and assets totalling approximately £10bn
- Save articleNews
Centrica pension schemes hand over £10bn OCIO mandate
Newly-formed Schroders Solutions to absorb Centrica in-house investment specialists, led by CIO Chetan Ghosh
- Save articleInterviews
How we run our money: Centrica
Chetan Ghosh, CIO of Centrica’s UK pension fund, tells Carlo Svaluto Moreolo why cashflow-driven investment is the future of pension management
- Save articleNews
Fiduciary managers evolve capabilities to meet changing needs of UK DB schemes
While more large schemes are now adopting fiduciary management, the market remains dominated by smaller schemes, says IC Select survey
- Save articleOpinion Pieces
Viewpoint: To outsource, or not to outsource? The rise of OCIOs
OCIO is a trend being encouraged by market volatility, increased portfolio intricacy, and the growing burden of regulatory compliance
- Save articleNews
Centrica awards pensions admin to Mercer
UK - Mercer Human Resource Consulting says it has been appointed to provide administration services for the defined benefit pension arrangements of energy company Centrica, covering more than £2.5bn (€3.6bn) in assets.
- Save articleNews
People moves: Icelandic scheme names new supervisory board chair
Birta, AustralianSuper, River & Mercantile Group, GAM, HSBC Asset Management, CACEIS, Unigestion
- Save articleSpecial Report
UK: Labour government seeks continuity with focus on boosting domestic investment
The Department for Work and Pensions will have its work cut out as the new Labour government starts a comprehensive pensions review
- Save articleNews
Centrica in vote for higher pension contributions
UK – Employees at two of UK consumer services company Centrica’s subsidiaries, energy firm British Gas and the Automobile Association motoring organisation, have become the first to vote for an increase in pension contributions in a bid to keep the final salary scheme open to new entrants.
- Save articleNews
Centrica facing union vote over DB changes
UK – UK utility operator Centrica is facing a union vote over plans to close its defined benefit pension scheme to new entrants.
- Save articleNews
UK’s Centrica fund taps Mercer in revamp
UK – Services group Centrica has appointed Mercer Investment Consulting to replace Watson Wyatt as scheme advisors in a revamp of its 2.1 billion-pound (2.9 billion-euro) pension scheme.
- Save article
- Save articleNews
CCLA launches company mental health benchmark
The benchmark gives institutional investors a new tool for appraising and engaging with companies
- Save articleNews
More UK trustees add support to climate charter
Industry forum has signed up 76 trustees and pension managers responsible for £367bn of assets in a bid to step up scrutiny of asset managers
- Save articleSpecial Report
UK: Encouraging UK growth through consolidation
The UK government is pursuing plans to leverage pension assets to boost economic growth while generating best returns for members
- Save articleNews
£22bn UK pension fund ‘should divest from fossil fuels now’, say protesters
Campaigners gather outside Greater Manchester Pension Fund’s office, but scheme argues it is already ‘working hard’ to achieve climate risk goals
- Save articleNews
MN CIO replaces Desfossés as climate change group vice chair
Gerald Cartigny joined the IIGCC board in June this year
- Save articleNews
UK pension fund figures sign climate impact pledge
Signatories pledge to push asset managers to engage with investee companies about their impact on climate and plans to transition to a low-carbon future
- Save articleNews
Lloyds, RBS reflect on impact of changes to IAS19 accounting
UK – Changes to accounting standards would have increased losses, UK banks say.
- Save articleNews
Three companies removed from DJSI World index
GLOBAL – Energy company Centrica, offshore drilling contractor Noble Corporation and electronics manufacturer Rohm have been removed from the 2010 Dow Jones Sustainability World (DJSI World) index following the review of the corporate sustainability assessment by asset manager SAM, which publishes and licenses the indices.