Professional Pensions

There is a growing disconnect between sustainability rhetoric and reality, with overall ESG progress stalling across the UK fiduciary management (FM) market, latest research by XPS Group finds. The firm's Fiduciary Manager ESG Integration Survey 2025 – covering 14 FMs representing over £300bn in assets – found that, while sustainability is widely referenced, implementation across the market "remains inconsistent". The survey – which rated rates FMs as green, amber or red across five key areas – found that only 21% of fiduciary managers were rated green in 2025, down from 38% in 2024 – a 17-point decline. It said that,…