The M&S Pension Scheme, the Co-op pension scheme ‘Pace’, and the Royal Mail Pension Plan have committed to halving the emissions of their investments by 2030 at the latest, in line with the Paris Climate Agreement. The M&S Pension Scheme made the most ambitious pledge, aiming to reach net zero …
Read More »B.C. government makes business case for spending $789.5-million to rebuild Royal BC Museum
An exhibit from the third floor of the Royal BC Museum.JONATHAN HAYWARD/The Canadian Press The B.C. government has presented a business case for a new Royal BC Museum, which shows the $789.5-million cost of building a new museum on the current site in Victoria would be lower than repairing or …
Read More »Delivering Royal Mail's CDC scheme – Professional Pensions
The story behind Royal Mail's decision to set-up a collective defined contribution (CDC) scheme is, by now, well-known in the industry. Source link
Read More »Royal Mail CDC scheme closer to reality as consultation launches – Law & Regulation
The Royal Mail Collective Pension Plan, which is the first known example of these new type of pension funds coming to fruition following the provisions passed in the Pension Schemes Act 2021, will consist of the a CDC section and a cash lump sum section. A Department for Work and Pensions …
Read More »Arrival to list on New York stock exchange amid surging investor interest in EVs
The move will help finance mass production of Arrival’s electric bus and van The move will provide around half a billion pounds in cash proceeds for the EV innovator, helping fund mass production at its microfactories planned to begin next year UK electric vehicle (EV) start-up Arrival announced this week …
Read More »Tide appoints Sir Donald Brydon as non-executive chairman
Tide, the UK’s leading business banking platform has today1 announced the appointment of Sir Donald Brydon as its new independent Non-Executive Chair. Sir Donald Brydon is Tide’s first independent chair. He brings significant Board experience, including the Chairmanships of leading listed companies such as the Sage Group, the …
Read More »UK EV startup Arrival secures $110 M investment from Hyundai & Kia
UK EV startup Arrival secures $110 M investment from Hyundai & Kia Even as electric vehicles continue to take the consumer market by storm, automakers are now shifting focus to delivery vehicles to give EVs a boost. In fact, delivery vans are becoming increasingly considered as the “trojan horse” for …
Read More »CDC success reliant on 'fairer' balance of priorities
The government has introduced a bill to allow for CDC schemes to be introduced, with Royal Mail set to launch the first scheme of this type. Source link
Read More »Opperman: Pensions bill is 'sat on my desk' and 'completely ready to go'
"We have a copious section on CDC running 45-50 clauses setting out in great detail not only how the likes of Royal Mail and the Communication … Source link
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