Moneyfarm has launched a Find, Check & Transfer (FCT) pension service to help unlock missing £26.6bn in lost pensions.

The service allows both existing and new Moneyfarm clients to set up FCT requests to locate their lost or old pension schemes, providing a tool for financial planning and security. In 2022, the Pensions Policy Institute found that £26.6bn in lost pensions were recorded across the UK, up from £19.4bn in 2018. The service aims to help clients determine their total savings, providing a clearer picture of whether they are on track to meet their financial goals. As part of this, clients can ensure their portfolio is aligned with their investment needs and objectives and gain clarity on fees by consolidating assets onto one platform. The service also checks pensions that are transferred for any benefits that may have been lost including, guaranteed tax-free cash.

Legal and General (L&G) has funded an £85m investment with Anchor to primarily fund the development of affordable energy-efficient homes.

The transaction follows the launch of the L&G Affordable Housing Fund in July 2024, and builds on prior funding to Anchor completed in February of this year, bringing L&G’s total private credit investment in Anchor to £100m. The investment was structured as a 15-year bullet senior secured note as part of a £100m bilateral L&G shelf facility, which following this latest investment has now been fully drawn. In particular, the money will be used to build at least 500 homes a year over a rolling 10-year period. The investment was on behalf of L&G Institutional Retirement.

Robeco has launched a new climate index family, designed to cater to a broad base of investors at different stages of their climate investing journey.

The index family is comprised of the Robeco developed low-carbon climate leaders tilt equities index, Robeco developed Paris-aligned climate leaders tilt equities index, and Robeco developed climate leaders equities index. The first index offers a low-tracking error alternative to a passive market-cap weighted index, suitable for climate-conscious investors aiming to mitigate climate risk and support Paris agreement-aligned companies while obtaining the equity premium. The second index targets investors who want to meet the minimum requirements for the EU Paris-Aligned benchmark but want to integrate more forward-looking climate metrics and more exposure to climate solutions providers. The third index is focused on climate leaders, appealing to investors looking to capitalise on the climate transition by investing in solution providers expected to lead the transition to a low-carbon economy.

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