Activist investment firm PrimeStone Capital has praised wealth management giant St James’s Place for its “constructive dialogue” following the concerns it raised with the firm earlier this year. Primestone, which owns about 1.2% of St James’s Place plc, said in October that the company’s organisational structure is “bloated” and the share price has underperformed for […]
The gender pension gap has closed to just 1% but the Coronavirus pandemic threatens to make the savings gap worse with women needing to work beyond 100 to match men’s pension pot. However, the pay gap and part-time working ratio means women saving adequately on the median wage are still saving £1,300 a year less than […]
Cheshire-based Equilibrium Financial Planning – which manages £1bn for clients – has committed to invest client money only in fund groups that meet ESG criteria. Environmental, Social, and Governance (ESG) criteria include a range of environmental and social responsibility commitments. As part of the move Equilibrium has become a signatory to the UN’s Principles […]
