Pensions - Articles - Hymans Robertson cuts carbon footprint on Pension Plan


Hymans Robertson has cut the firm’s own staff Pension Plan’s carbon footprint by about 33%*, while delivering lower charges, by launching a new investment strategy for its default arrangement. The launch sees the Plan move successfully from a contract-based to a master trust arrangement in the Legal & General Master Trust, allowing its members to benefit from a smoother path through retirement.

 Commenting on the changes, Rona Train, Chair of the Governance Committee, Hymans Robertson Pension Plan, says: “We’re really excited to be able to deliver a new pension arrangement to our members which not only gives them better value and a projected higher income at retirement, but also does this in a more sustainable way. Our members, and Hymans Robertson as a firm, are very passionate about taking a positive approach to ESG (environmental and social governance). We see this as the first step on our journey to a “net zero” pension scheme over the coming years”.

 Commenting on the move of the scheme to a master trust arrangement, Steve Moore, Head of HR, Hymans Robertson, adds: “The move to the master trust arrangement is a really positive one for us as we can include our self-employed partners in the same scheme as our salaried staff. Not many providers were able to offer this for us and we’re delighted to have worked with Legal & General as our new provider partner, to offer this high quality and flexible pension plan for our staff. This, coupled with our generous contribution structure, will help to deliver good retirement outcomes for our members.”
  

Back to Index


Similar News to this Story

Wish list for the occupational pensions industry in 2025
As one year closes and another begins, it's an opportune moment to set our sights on the future. The UK occupational pensions industry faces nume
PSIG announces outcome of Consultation
The Pensions Scams Industry Group (PSIG), which was established in 2014 to help protect pension scheme members from scams, today announced the feedbac
Transfer values fell to a 12 month low during November
XPS Group’s Transfer Value Index reached a 12-month low, dropping to £151,000 during November 2024 before then recovering to its previous month-end po

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.