Blog Archive


Government to push pensions sector towards green technology investment

Guy Opperman is Minister for Pensions and Financial Inclusion

Guy Opperman is Minister for Pensions and Financial Inclusion

Department for Work and Pensions consults on plans to drive long-term pensions sector investment into ‘important sectors of the economy’ such as green technology

The Department for Work and Pensions (DWP) has launched a consultation to improve saver outcomes and promote investment in green technology and infrastructure in the UK pensions industry.

The consultation, published today, puts forward measures to encourage pension schemes to invest in a more diverse range of long-term assets – including illiquid products such as venture capital and green infrastructure. Views are also being sought on additional steps to encourage the consolidation of smaller pension schemes into larger schemes.

The DWP said the proposals would require trustees of smaller schemes to assess key elements of the value achieved by their scheme and to report on the outcome of that assessment. Where this assessment shows that

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Fintech Pledge launched to strengthen UK’s financial technology sector

Entrepreneurial network Tech Nation has launched its Fintech Pledge to accelerate the growth of the UK’s financial technology (fintech) sector through establishing standards for “efficient and transparent commercial partnerships” between traditional banks and fintech firms.

Supported by HM Treasury and the Tech Nation-run Fintech Delivery Panel, the pledge consists of five principles aimed at improving the traditional banking sector’s engagement and collaboration with fintechs.

These are to provide clear guidance to technology firms on how the onboarding process works through a dedicated online landing page; provide clarity to tech startups on their progress through the onboarding process; provide a named contact, guidance and feedback; encourage good practice and improvement; and to commit to implementing this process six months from signing the pledge and providing bi-annual feedback in the first year.

“Building partnerships with established institutions is a fantastic route for fintechs to drive positive change in finance, be it underpinning

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Indiana’s ed-tech sector grows rapidly with startups, not-for-profits

Studytable targets college students with a platform that lets those who are higher achieving help those who are struggling. (IBJ photo/Eric Learned)

The educational technology sector is exploding nationally and central Indiana is scoring an A+ in capturing a chunk of that growth.

The United States is home to almost half of the world’s ed-tech companies and provides more venture capital funding to that sector than does any other nation, according to a report released earlier this year by RS Components, a United Kingdom-based electronics company.

The report—an analysis of data from business researcher Crunchbase—found 1,385 ed-tech companies in the United States, 43% of the global total. India had the second-highest number, with 327.

The sector’s worldwide market value is growing at a double-digit annual clip and is set to reach $252 billion this year, Forbes reported. Tech goliaths—such as LinkedIn, which acquired Lynda, a California-based online learning company, for

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Tech sector to drive recovery in private equity

Strong investor appetite for the technology sector is set to drive recovery in private equity with the booming area seen as a safe harbour for investments during COVID-19 and forecast to be the major source of deal activity.

In a report to be released on Monday titled The Carry: Private Equity Insights, law firm Herbert Smith Freehills found market uncertainty caused by COVID-19 triggered a dip in deal activity in the second quarter of the year but renewed interest in technology and software could pave the way forward for private equity.

The report records 21 deals completed in the first quarter of the year with the technology sector accounting for 33 per cent. However, there were only six deals in the second quarter of the year because of the “disruptive impact” of COVID-19.

Citadel chief executive Mark McConnell, the technology business that was acquired by private equity firm Pacific Equity Partners last week in a $500 million deal.

Citadel chief executive Mark McConnell, the technology business that was acquired by private equity firm Pacific Equity

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SPDR Technology Select Sector Fund ETF (ETF:XLK), (XLC) – 3 Sector ETFs To Play For A Biden-Harris Win

Election Day is less than two months away and with that in mind, now is an excellent time for investors to consider sector-level implications of two the possible outcomes of this year’s presidential election.

Those implications run deeper than simply assuming a Biden-Harris Administration would be bad for fossil fuels stocks, though that’s probably a safe bet. Of course, there are some sectors that could get a “Biden bump,” some of which are already among this year’s best-performing groups.

Likewise, if President Trump wins reelection, that’s not necessarily a death knell for some of the sectors and industries thought to perform well when Democrats are in the White House. The last two years of price action in clean energy exchange-traded funds proves as much.

Here are three to sector ETFs to consider if former Vice President Joe Biden becomes President Joe Biden.

Consumer Discretionary Select Sector SPDR (XLY)

Or any

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Materials Sector ETF Gaps Up, Nearing New High

What happens when a decidedly non-glamorous sector shows strength? Making money is always the goal of investors, so it can pay to understand what’s happening with a sector that doesn’t get much love in the media. 

One of those so-called “boring” sectors, materials, is up 4% in September, and more than 5% year-to-date. The materials sector is taking a leadership role, for the moment anyway, as the always-sexy information technology sector takes a breather.

The materials sector is comprised of companies in the construction materials, chemicals, forest products, metals, mining companies and packaging products, among other subindustries. 

One reason for its current outperformance is the health of the housing market. Forestry products are selling well on demand for new home construction and home repairs and remodels. Low interest rates and stimulus payments were factors driving those trends. 

Economic recovery, the pace of which is highly uncertain, will likely be a

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Technology’s Role In Reducing Funding Barriers For The Nonprofit Sector

Sevetri Wilson is Founder and CEO of Resilia – revolutionizing how nonprofits are created and maintained, and how enterprises scale impact.

For every headline we read about an instance of police brutality, we read 10 more about the gross inequities at every major institution in the U.S. Wall Street? Naturally. Hollywood? Check. Mainstream media? You bet. Higher education? Sad, but true. 

But the nonprofit sector — which has taken on greater responsibility in our cities, particularly when it comes to the provision of services for historically marginalized communities — should be immune to gender and racial discrimination, shouldn’t it? Surely cities and other grantors offer equality of opportunity as they distribute resources, considering the vital role nonprofits play in addressing the systemic factors that lead to inequality.

In fact, there are significant disparities in funding for nonprofits led by people of color. According to a 2020 study published by

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Only One S&P 500 Sector’s Core Earnings Improved This Year

The COVID-19-induced economic downturn wiped out eight quarters of core earnings growth in just two quarters, as I highlighted in “S&P 500 Peaks As Earnings Trough.” This report focuses on the core earnings of each S&P 500 sector to narrow in on where the most damage was done.

My firm’s measure of core earnings leverages cutting-edge technology to provide clients with a cleaner and more comprehensive view of earnings[1]. Investors armed with this measure of core earnings have a differentiated and more informed view of the fundamentals of companies and sectors.

Within the S&P 500, only the Technology sector saw a rise in core earnings since the end of 2019, as the shift to work-from-home drove growth in many technology companies.

Rankings the Sectors by Core Earnings Growth

Figure 1 ranks

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TechUK urges government to back emerging digital clean technology sector

Already existing digital technologies have the potential to deliver a 15% reduction in carbon emissions by 2030 while also contributing significantly to the UK economy, but policy interventions are needed to create the right business environment, claims a new report.

Launched during London Tech Week on 7 September, the report by TechUK and Deloitte, How to make the UK a digital clean tech leader, suggests that digital technology already in the field can enable a 7.3 million tonne reduction in UK carbon emissions, or 15% of the 48 million tonnes carbon dioxide equivalent (Mt CO₂e) needed by 2030.

“The vast majority of this [decrease] comes from the application of smart grids to energy networks, followed by the use of Industry 4.0 technologies in manufacturing. Remaining carbon savings come from agriculture, mobility, and smart building technologies,” said the report.

The economic analysis conducted by Deloitte also suggested already existing digital

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Adoption Of Technologies Like AI, ML By the Insurance Sector

5 min read

Opinions expressed by Entrepreneur contributors are their own.

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The 21st century has given a stage to the discourse around technology and its ability to enable co-creation and seamless service delivery. While businesses across sectors are embracing technology-enabled solutions, technological innovation continues to outpace technological adoption. Even though the insurance industry has been cautious in leveraging technology in the past, in recent years it has accelerated its pace of technological adoption. Several insurance companies are endeavouring to introduce automation in their processes and leverage technologies such as artificial intelligence (AI) and machine learning (ML) to embed themselves in the customers’ journey and offer hyper-personalised solutions seamlessly. While newer ways of leveraging technology are envisaged on a regular basis, we discuss a few ways by which AI and ML are transforming the insurance sector.


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