Pensions for Purpose’s Post

UK shares look cheap on a number of standard metrics, but what would catalyse a narrowing of this valuation cap? Natalie Bell of the Economic Advantage team takes a look at some policy interventions which could improve the outlook for UK equities, and explains why the team think there is a compelling investment opportunity currently. Read more > https://lnkd.in/eebkczdD Capital at risk. This should not be construed as investment advice. #UKElection #GeneralElection2024 #Labour #Conservative #UKEconomy

Deliberative Democracy + Beneficiaries Dialogue = Better Informed Sustainable Finance. That is the core message of the article Emmeline C. and I wrote earlier this year about how pension funds can have better engagement with beneficiaries on the topics of sustainable finance, ESG and impact investment. Today, pension funds - to the extent they engage at all - often obtain input from beneficiaries on sustainable finance policies through surveys. As we argue in this article this probably provides a very poor reflection of beneficiaries' actual preferences. Applying the principles of deliberative democracy and citizens councils - with random representation, informed deliberation, and more intensive engagement - should lead to a much better understanding of how beneficiaries would make the trade-offs involved. And the same principles can be applied by other asset owners, asset managers, banks, etc. The attached slide summarizes our argumentation and of course the article (link below) provides much more detail. #esg #esginvesting #pensionfunds #pensionschemes #beneficiaries #responsibleinvesting #sustainablefinance #impactinvesting #impactinvestment illuminem https://lnkd.in/eCJyi25S

Consultation responses express concerns about timeframe, the illusion of pooling, and the importance of investment independence. https://lnkd.in/eAuCj5eS

With the Prime Minister announcing an early UK general election in July, we're excited to highlight social impact investment as a vital tool for the future Government to address a range of social issues, from NHS waiting lists to youth unemployment. We will continue working with key decision-makers at the heart of Government to focus on the following priorities: 🌱 Spend smarter – allocate existing spend to projects that crowd in more social and private investment 💪 Put people at the heart of public services – shift to commissioning for outcomes so that the Government only pays for genuine positive and measurable change to people’s lives ✨ Integrate social impact investment across government – given its vital role in tackling complex issues, we hope to set up a cross-government strategy driven by a central team in the Cabinet Office or Treasury. Find out more in our video⬇️ #BetterBritain #SocialImpactInvestment

For many years, superannuation has been the go-to investment to maximise after-tax outcomes. But it can also bring significant drawbacks, including lack of accessibility. That’s where investment bonds come into play. Vincent Stranges, Head of Product & Projects at Generation Life explains the history of investment bonds and how our new generation of investment bonds can provide a tax-effective investment outcome for retirement and beyond, as featured in the Financial Standard Product Showcase. #investmentbonds #taxeffective #taxawareinvesting #outthinkingtoday

Let investment professionals work in the best interest of their clients. Need a reason? Here is just a sample of the costs tied to interfering in investment decisions. https://buff.ly/4eo5j6Q #apsr #pensionsnotpolitics #retiresecurely

https://lnkd.in/gAHiTds2 Christopher Ailman is right, PE needs to lower fees to investors and share the wealth with employees where they invest. Ownership Works is a helpful partner. Something public funds need to keep in mind. Most of your returns depend on the direction of the economy and entire portfolio (beta) rather than alpha. Every dollar of additional income to top earners reduces GDP, while dollars added to the bottom 20% increases GDP. Economies (and large funds, such as CalSTRS and CalPERS) grow from the bottom up and the middle out, not the top down. #corpgov #investments #ESG #investing #publicfunds Council of Institutional Investors Interfaith Center on Corporate Responsibility (ICCR) corpgov.net

Superannuation is an excellent structure to invest in, with low tax rates and the potential to significantly impact your wealth. However, it is complex, and the rules around super are ever-changing, so it needs to be carefully managed. We work with our clients to ensure they make the most of the significant contribution, investment, and withdrawal strategies available to maximise wealth. Get in touch to find out more about how we can help. #oxladefinancial #financialadviser #superannuation

NEWSFLASH | Employers could demonstrate their commitment to the 'S' component of the #EnvironmentalSocialandGovernance (#ESG) principles by addressing one of the issues employees currently face: South Africa's power crisis. Making finance available for employees to secure alternative #RenewableEnergy solutions to will not only contribute towards their quality of life, but should also enhance their #workproductivity. #EmployeeBenefits partner, Deirdre Phillips, explains how this can be done under section 19(5) of the Pension Funds Act here: https://lnkd.in/dwFNDiB5

Legislation review shows how rigid statutory changes to investment policies can lead to immediate transaction costs typical of portfolio changes. https://zurl.co/5w1X #TxLege #PensionFunds #Legislation #Governance #Investments #FiduciaryDuty