Our view is that the Statement of Strategy is predominantly a risk filter tool for TPR, rather than a risk management tool for trustees. We are concerned that in some areas, the Statement of Strategy asks for more than trustees might otherwise consider, and in other areas, the information required falls short of best practice and we have concerns that trustees may believe they are adequately assessing covenant when all they are doing is providing TPR with data. Read our response to The Pensions Regulator’s consultation here.

Cardano, the pension advisory and investment management specialist, has been appointed as the fiduciary manager for the Grant Thornton Pensions Fund.

Today, 6th March, the Chancellor delivered the Spring Budget. Commenting on the latest economic forecasts and the impact on companies with defined benefit pension schemes, Shweta Singh, our Chief Economist, and Nick Gibson, Managing Director, comment.

Keith Guthrie, UK Head of Sustainability at Cardano, shares his thoughts on the latest guidance from Institutional Investors Group on Climate Change (IIGCC).

Today, the Monetary Policy Committee (MPC) again voted to maintain Bank Rate at 5.25%. Shweta Singh, Chief Economist at Cardano, shares her thoughts on the latest decision and economic forecasts

Patrick Cunningham appointed to Cardano Group Management Board. Patrick will be responsible for further development of our products, services and solutions for a wide range of investors. Patrick continues to be a Partner and Co-Head of Clients of Cardano UK where he leads our work with several of the firm’s advisory and investment clients.

We are delighted to have scored the maximum of 5 stars in all of the 15 categories in the UNPRI assessment of our business.

CFOs of UK businesses remain unclear and unprepared for the potential impacts of environmental, social and governance (ESG) risks on their businesses, according to research from Cardano, the investment management and advisory business. This is despite the growing importance of ESG issues for companies of all sizes.

Nick Agius, Director at Cardano Advisory, comments on November’s UK company insolvency statistics.

Cardano, the investment management and advisory business, announces the appointment of Keith Guthrie as Head of Sustainability for the UK and for NOW: Pensions.

Cardano, the investment management and advisory business, today announces the appointment of Matt Harrison and Sinead Leahy as Co-Heads of Cardano Advisory.

Today Walgreens Boots Alliance and the Trustee of the Boots Pension Scheme announced a buy-in with Legal & General. This is the largest single transaction ever undertaken in the UK. Cardano acted as the lead broker to the transaction and lead strategic advisor to Walgreens Boots Alliance.