Broadstone has launched a new digital portal to provide members, trustees and employers real-time access to pension information.

The new portal, Broadstone Engage, aims to improve pensions visibility and improve outcomes for members, trustees and employers, building on the previous ‘4my’ solutions by providing real-time access to data and information for users. This approach is designed to improve member engagement and help trustees meet increasing governance requirements, whilst also building trust. The portal includes three specific platforms, Broadstone Engage Members, Member Lite and Clients.

Legal & General Investment Management (LGIM) has completed a £25m deal with The National Trust to help fund renewable energy projects on its estates, supporting their net-zero by 2030 ambitions.

The proceeds from the transaction will be invested in the next generation of renewable energy hydro-electric and solar generation projects as a key part of the trust's work to achieve net zero across its estate by 2030. The fund’s strategy aims to provide an efficient, low-cost solution to enable investors to seek to reduce their exposure to fossil fuel companies and those with high carbon emissions and reserves, facilitating the transition towards net zero whilst targeting long-term, sustainable returns.

The Bank of England (BoE) has opted to keep its base rate at 5.25 per cent, marking the fourth time in a row the central bank has held interest rates.

At its latest meeting, the Bank’s Monetary Policy Committee (MPC) voted by a majority of six to three in favour of maintaining interest rates at 5.25 per cent. Two of the Committee’s nine members would have preferred a 0.25 per cent increase to 5.5 per cent, while one member voted for a 0.25 per cent decrease, which would have left rates at 5 per cent. While the UK’s rate of inflation has been creeping down over the last year to ease cost of living pressures for millions of households, the Office for National Statistics (ONS) earlier this month reported an unexpected rise in inflation, back up to 4 per cent for the year to December.

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