Phoenix Group’s Post

How many zeros is a trillion? A lot. And we need to make a lot of change to tackle the climate emergency. Here’s a snapshot of how we in the pension world can help.

Last week Chancellor Rachel Reeves honed in on the Labour Party's pledges to bolster growth and competitiveness for the UK economy and financial service sector at her maiden Mansion House speech. IW's Cristian Angeloni and Professional Pensions' Jonathan Stapleton discussed its impact on the investment and pension industries. Watch the full video here: https://lnkd.in/ecKbPmXj

💡What are the implications of the regulatory changes introduced in 2024 Autumn Budget? In this Professional Adviser article, FE fundinfo's Head of UK Distribution, Stephen Ford, emphasises the need for financial advisers to adopt data-driven strategies in response to the integration of pensions into IHT calculations and other regulatory changes. ➡️ Read more here: https://hubs.ly/Q02_fbw00 #FinancialAdvisers #FEfundinfo #AutumnBudget #WealthManagement

Want to know a secret? You can cut LOADS of carbon from your business... Quickly. Easily. Effectively. WATCH the video below to find out more.... Video Sources: - Make My Money Matter - Cushon’s Climate Change Pensions Research - 2021 - Scottish Widows’ Green Pensions Report 2023 - MotherTree #carbon #business #money

🌟 Interesting panel with William Beck, Adam Phillips, CFA, Tony Giordano, and Jim Robertson, about “Should Public Pensions Have A Renewed Focus on Fixed Income?” at the Public Funds Summit East 2024. #OpalGroup #OpalGroupPFSE #publicfunds #Finance

How can UK pensions lead the climate fight? Bruno Gardner, Head of Climate Change & Timothy Fassam, Director of Public Affairs, discuss how the UK pensions industry could invest £1.2 trillion in climate solutions by 2035. > http://spr.ly/6045t7a1U #investing #sustainability #pensions

Understanding the relevance of nature and biodiversity loss to pension schemes is crucial. This write-up of our recent Pensions for Purpose all-member event explores how the financial sector can respond to environmental challenges and emphasises the need for deeper understanding. #Nature #BiodiversityLoss #PensionsforPurpose https://ow.ly/FfKT50UqrO0

With 12.2 million people stuck in the Advice Gap today, and 91% of consumers not seeking advice, a new consultation paper on proposed targeted support reforms for pensions could be a gateway to fuller traditional financial advice for many. This has as the potential to lift 5 million people out the advice gap. Read the full release, with commentary from Boring Money CEO Holly Mackay. https://lnkd.in/g-rZqSHd

The PLSA, in partnership with Professor Sarah Gordon from the LSE, explores how policymakers can encourage pension investments in UK assets without mandating quotas or altering fiduciary duties. Our latest report, Pensions and Growth: Investment and Fiscal Incentives to Encourage Pension Assets into UK Investments, expands on our recommendations for using fiscal incentives to boost UK investment. Click the link to read now. https://lnkd.in/eZvJ2qPi

🎧 Want to find out more on the financial implications of relationships, both marriage and cohabitation, coming to an end? Join our webinar on Thursday 25 April at 10am, to understand this from a pensions and protection point of view. 👉 Watch the webinar whilst topping up your CPD hours here: https://ow.ly/F2ZP50RcisM