Tag Archives: investment

R oyal Mail’s parent firm has said it faces no further action months after ministers said they would launch a national security probe into the company. International Distributions Services (IDS), which was renamed from Royal Mail Group earlier this year, had faced the potential intervention after the firm’s largest shareholder, …

Barnett Waddingham partner Hitchiner will replace Isio partner James Riley as SPP president on June 1.  In an exclusive interview with Pensions Expert, Hitchiner set out his ambitions for his presidency, while Riley reflected on the organisation’s rising member engagement, and pondered missed potential for co-operation between the SPP, industry …

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 …

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 …

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

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 …

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 …

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 …

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 …

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