Our new Equality, Diversity and Inclusion (EDI) report, in partnership with mallowstreet is available to download now. 120 UK pension funds and professional trustee service firms were surveyed to understand how EDI considerations feature in decision-making, the challenges encountered and where improvements can be made.

We are pleased to share the following insights from across our Group – Cardano UK (Advisory and Investment), Cardano NL, and NOW: Pensions – looking ahead to what’s in store for 2024.

In this report, we explore private credit beyond income and towards impact. We discuss what is private credit, why private credit and what impact investing is in the context of private credit.

Around the world, life expectancy has reached a record high. People are living longer than ever before – but they’re also retiring sooner, meaning that pensioners are collecting benefits for previously unimagined lengths of time.

With living to the age of a hundred and beyond becoming a realistic prospect for increasing numbers of people, it’s time to rethink our relationship with our future selves.

Sustainability is dominating Trustees’ agenda with climate change squarely at the top. But the other side of the climate change coin is biodiversity loss, a topic that deserves Trustees’ attention in its own right, with many experts considering it a threat more serious than climate change. Read the article by Will Martindale which appeared in the Pensions Management Institute’s Environmental, Social & Governance Report 2022.

Pension scheme trustee boards have never had such a tough job to do. Increasing demands are coming from all directions; whether that be from regulatory scrutiny, enhanced ESG reporting, volatile investment markets or, as the economic environment becomes more challenging, from covenant risk.

In the UK pensions risk transfer market, 2022 has been a year characterised by the increasing
affordability of insurer buy-ins and buy-outs.

Next year we will hopefully see the Department for Work & Pensions’ (DWP) eagerly anticipated Collective Defined Contribution (CDC) consultation paper. There has already been a lot of debate this year around the benefits and challenges.

2022 has been the year where the global bond markets have finally woken up to the reality of central banks’ stimulus being removed from the bond markets.

The events of Q4 2022 have been a timely reminder that, no matter how well funded their defined benefit (DB) pension scheme, pensions risk is still very much a risk to the business (the sponsoring employer) that sits behind it.