UK: STAKEHOLDER PENSIONS MAY PROMOTE SRI IDEALS
Article Abstract:
According to the Co-operative Insurance Society (CIS) there is a demand from 80% of consumers for them to be kept aware of the investment policy of their financial provider. The CIS also believe that the government should actively promote ethical investment through stakeholder pensions. Following discussions between the government and CIS about Socially Responsible Investment (SRI) and its expansion, it is proposed that the current rule for stakeholders pensions to provide a investment principles statement be extended to include regulations as to how this information is to be presented. 2000 saw good growth of 19% in ethical investments with a total value of funds coming in at GBu 2.193bn.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
UK: AITC PLANS TO RESTRUCTURE TRUSTS
Article Abstract:
In a move to help investors make better investment decisions and to increase transparency, the UK Association of Investment Trust Companies (AITC) plans to restructure investment trusts by introducing product category definitions. So that trusts may be grouped together and compared more equally with unit trusts, the AITC wants the new system to have category interpretations such as growth, growth and income and high income. The AITC is currently discussing its plans with members.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
UK: Norwich Union plans external fund links
Article Abstract:
Norwich Union is to set up links to 57 externally managed funds and around 23 internal funds from November 12 2001. The external funds will be categorised as managed, index tracking, UK equity, fixed interest, special equity, international equity or special managed. The links will be available to investors with exposure to the Portfolio Bond and FlexiBond since October 2, 2000, and Bond 2000 since June 25, 2001. It will be possible to invest in up to 10 funds at any one time.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: UK: EMPLOYEE PENSIONS ARE INADEQUATE, CLAIMS REPORT. UK: Flexible annuities wanted. UK: DEMAND FOR IMPAIRED LIFE ANNUITIES
- Abstracts: UK: More pensions business for IFAs. UK: Novel approach for CGNU with profits fund. UK: 72% OF IFAS TO EMBRACE STAKEHOLDER PENSION
- Abstracts: Viacom: China wants its MTV. Microsoft seeks to gain control of Titus under Asia push. Jupiter, Titus will merge
- Abstracts: Bonds get warm welcome. Chinese bank creates a first with stock listing. Unilever seeks to become first listed foreign company
- Abstracts: China curbs Japanese auto imports. Beijing takes bad debt to the auction block. Garlic tiff stirs worries