Money Matters: Pensions Trust, Lottery grants for rural pubs and reporting public benefit

Mathew Little's round-up of what's happening in the finance world

Nearly three-quarters of charity workers want their pensions to be invested in companies that act responsibly, according to a survey for the Pensions Trust. The research, by academics at Queen Mary, University of London, found that investment in ethical companies was nearly as important to third sector workers as the size of the pension pot at retirement.

The Big Lottery Fund has awarded £470,000 to a not-for-profit organisation to help rural pubs develop new services. The Pub is the Hub will set up a three year Community Champion training programme to help volunteers and licensees develop additional uses for local pubs: as Post Offices, for example.

The new requirement to describe public benefit in annual reports should not make the documents even longer, finance directors have been told. Janet Slade, a member of the policy accountancy team at the Charity Commission, told delegates at the Charity Finance Directors' Group annual conference last week that annual reports should be "readable, unambiguous, compliant, but not too long".

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