News in brief - 16 October 2020

Industry figures Mark Boyle and Sara Protheroe have been recognised in Queen’s Birthday Honours List.

The Pensions Regulator (TPR) chair, Mark Boyle, has been made a Commander of the Order of the British Empire (CBE) for services to the pensions industry, whilst Pension Protection Fund (PPF) chief customer officer, Sara Protheroe, has been appointed an Officer of the Order of the British Empire (OBE) for services to pensioners. Boyle joined TPR in 2014 as non-executive chairman, and was subsequently reappointed for a further three-year term in March 2018. Protheroe meanwhile, was a key part of the team that established the PPF whilst in her role at the Department of Work and Pensions, and has since been with the PPF for over 15 years.

Mercer has signed up to the Business in the Community’s Race at Work Charter.

This is a government initiative that aims to improve outcomes for Black, Asian and minority ethnic (BAME) employees in the UK. There are five key principles that all signatories must abide by, these are: appointing an executive sponsor for race, capturing data and publicising progress, ensuring zero tolerance of harassment and bullying, making equality in the workplace a leader and managerial responsibility, and taking action that supports ethic monitory career progression.

RPMI Railpen has invested in Oxford Nanopore Technologies.

The provider joined existing and new investors in funding £84.4m in new capital for Oxford Nanopore Technologies, which will support the “rapid acceleration” of the firm’s commercial and manufacturing operations, as well as further innovation in the field of nanopore technology. RPMI Railpen stated that it is “well positioned” to span the private-public continuum and that investing in private companies will also help it to identify "secular trends" that could impact some of the more mature listed equities in its portfolio.

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