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United Kingdom

UK Pensions Update, 17 October 2024: TPR ESG resource, institutional investment plans, PASA dashboards toolkit, TPO resolution guidance, Judicial Pensions amendments, diary and trackers

Published on: 17 October 2024

Published by a LexisNexis Pensions expert
Legal News
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Article summary

In this issue:

  • Investment
  • Disclosure requirements
  • The Pensions Ombudsman
  • Public sector
  • Daily and weekly news alerts
  • New content
  • Dates for your diary
  • Trackers

Investment TPR launches new ESG resource to help trustees go beyond minimum compliance

The Pensions Regulator (TPR) has unveiled a single resource that gathers all its environmental, social and governance (ESG) and climate content in one place. In a new blog aimed at helping pensions trustees exceed minimum ESG compliance, Mark Hill, TPR’s Climate and Sustainability Lead, said TPR research shows most trustees are meeting their ESG obligations, though many are doing so only at a basic level. He added that further measures are required to strengthen portfolio resilience and deliver improved outcomes for savers. While ESG and climate disclosures from pension schemes should set out how they are making the most of opportunities linked to the government’s ambition for a net‑zero economy, Hill emphasised that reporting alone is insufficient. Considering ESG within the scheme’s broader decision‑making is crucial to protecting savers’ pensions...

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