Church of England selects TPI Climate Transition Index for £600m mandate.

The Church of England Pension Board will allocate a £600m mandate tracking the TPI Climate Transition Index, which it developed in collaboration with FTSE Russell and the Transition Pathway Initiative. It is the first of FTSE Russell’s new generation of climate indexes, which will aim to align a broad equity portfolio with climate transition and the goals of the Paris Agreement.

Capital Cranfield appoints Andrew Warwick-Thompson as new professional trustee.

Warwick-Thompson’s past roles include executive director for regulatory policy at The Pensions Regulator, CEO of LGPS Central and trustee chairman of the Mencap Pension Scheme. Capital Cranfield managing director, Neil McPherson, said: “Andrew’s appointment follows those of Jon Millidge, Paul Watson and Richard Hubbard that we announced recently and reflects the continuing high demand for our services.”

Aviva chairman Sir Adrian Montague to step down in 2020.

Aviva chairman Sir Adrian Montague has informed the board of his intention to retire this year when the company appoints a successor. Montague has been chairman since April 2015, having joined the Aviva as a non-executive director in January 2013. Prior to this, he had served as chairman of Friends Provident and British Energy. Aviva said it has begun the search for a successor.

Share Story: