While charities may have restrictions, either legally or self-imposed, on where or how they can invest, they generally have more freedom in investment terms than other institutions and so may explore a wider variety of asset classes.
It is therefore important to set your charity’s investment strategy taking into account your own circumstances and avoiding a one-size-fits-all solution.
We advocate that all three of the following areas are reviewed in setting a charity's investment strategy:
We can assist charities with some or all of these three stages. Although trustees often believe that manager appointments are key to investment success, in practice we find that the first two stages are far more important.
We tailor our services to each charity we advise.
Services may include some or all of the following:
There are now only just over six months to go before the new regulations on environmental, social and governance (ESG) disclosure come into effect for pension schemes. Scheme trustees need to address this looming development.
ESG, SRI, ethical investing are often used interchangeably; but actually they are different and these differences affect how client portfolios should be designed and which investments are appropriate for meeting a client’s objectives.
Super Thursday not only saw the Bank of England’s latest decision on interest rates and Quantitative Easing, but also their latest inflation report too.
Should bulk annuity purchases be of interest to more schemes? With 132 transactions in 2017, this is small compared to the 5,700 UK DB pension schemes. Are schemes missing a trick, or does bulk annuity purchase only make sense in a minority of cases?
The DWP issued a consultation on clarifying and strengthening trustees’ investment duties in June 2018, with responses requested by mid-July. What are the key proposals and what might trustees do to prepare?
Our latest news on pensions and other business risks in the Charities and Not-for-Profit sector.
Highly competitive insurer pricing compared to gilts is providing extremely attractive opportunities for schemes to remove both financial and longevity risks.
Our 2016 Bulk Annuity Annual Report discusses the latest developments in the buy-in and buy-out market. We highlight important issues for trustees and sponsoring employees as well as summarising the views of insurers on key aspects of the market.
Our fifteenth annual survey of pension disclosures made by FTSE100 companies determining the value of their pension liabilities for accounting purposes has been released.