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If a substantial proportion of pension funds' money started being invested "ethically", the market impact would be huge.But wait.
More companies will opt for defined-contribution plans; and a higher proportion of pension funds will be invested in bonds.
The proportion of pension assets overseen by funds of funds fell to 49percentt on Sept. 30 from 57percentt in 2002, when the magazine started collecting the information.
In 2002 the funding ratio (the proportion of pension liabilities covered by assets) of the city's pension scheme dropped close to 82.3%, a level that should have triggered a rise in the contribution to make up the shortfall.
In Britain the proportion of pension assets represented by DC plans rose from 8% in 2001 to 39% in 2011.In this section Dead money Taxing times Game over Marshmallows and markets Sonic booms Hold-outs upheld Log tale Land of the corporate giants ReprintsPoor stockmarket performance has reduced the return that investors get on their savings.
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The oil price slump has caused the price of shares in oil companies including Shell and BP – which make up large proportions of pension funds – to tumble.
In the early schemes widows over pension age were entitled to a proportion of the pension of their husbands.
That should include handing a proportion of his pension back as well.
With interest rates as low as they are now, they clearly can't make anything like that on investment-grade bonds, which make up a significant proportion of most pension portfolios.
People earning about £45,000 may not feel very well off, but they are getting 40p from the government for every £1 they save and that means a considerable proportion of their pension pot is a taxpayer gift.
In cases of permanent disability two-thirds of earnings from the year preceding the accident were paid out, with a proportion of this pension paid in cases of partial incapacity.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com