Welcome to November’s edition of ‘Investment Clicks’. This bulletin is designed to keep you abreast of our latest thinking and insights across DB and DC Investment.
In this edition, we share the insights from our investment research ‘COVID, climate and compliance’ and our Virtual Investment Conference. In both, our experts explore the latest thinking within responsible investing, endgame planning, investment governance and long-term funding. We also look at property investing and re-evaluate the approach in a post-pandemic environment. |
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The world is facing a barrage of profound challenges: climate change, social inequality, rising populism - and a global pandemic. Over the coming years, these will create both investment risks and opportunities. Our report explores how DB and DC investors can navigate this multi-stage journey of integrating responsible investment into their portfolios. Also, Tim Manuel explores why responsible investment is no longer a ‘should do’ for trustees – it is now a ‘got to do’. |
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Endgame planning and de-risking |
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| Investors have more endgame options than ever before. Consolidators, capital-backed investment solutions and insurance – all can support trustees and sponsors to get to their endgame more quickly. Our report looks at the full range of options now available to pension schemes and in this article, Lucy Barron looks at how trustees can build a robust asset strategy tailored towards the endgame. |
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| Prior to COVID-19, DB and DC schemes were facing an increasing governance burden, brought on by new regulations and compliance requirements. The pandemic added to this, testing governance processes to their limits. Our report looks at the many different ways trustee boards have had to rapidly re-invent many aspects of how they run their schemes and make investment decisions. Also, Tony Baily explores the need for clear objectives and beliefs and why this is now more important than ever.
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TPR’s DB funding code of practice
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| The new DB funding code of practice (Code) is expected to have a significant impact on the development of scheme ‘journey plans’ and investment portfolio de-risking. While The Pensions Regulator does not signal a complete change of direction in the draft Code, it does make its expectations much clearer. What are the obstacles, how are schemes and sponsors preparing and how will the code affect investment strategies? Our report explores all of these questions.
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Re-evaluating property investing for a post-COVID world
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| The immediate impact from COVID-19 on commercial property has been significant. However, commercial property is a longer-term investment and investors should be looking beyond the near-term noise that COVID is creating. This paper looks at the impact of the pandemic on the UK market and property investments and how investors can prepare to exploit the opportunities that lie ahead. |
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Aon’s Virtual Investment Conference
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| Our experts shared their views on a number of topical areas, including the current investment environment and market outlook, the DB funding code of practice, DC ESG investing, building portfolio resilience and navigating the journey to the endgame.
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