This comes in response to the DWP’s consultation which closed yesterday
New structure will be implemented from the autumn following member consultation
Consultation is an important step to help industry to prepare for dashboards
Industry has failed to provide and communicate Shariah options to Muslims
Around half of the liabilities of the scheme were reinsured to minimise capital strain
DWP says trustees should assess and communicate social risks and opportunities
Taskforce will support trustees with some of the challenges around managing social factors
Lifeboat fund reports strong financial position in latest annual report and accounts
Growth phase strategy will be 100% ESG integrated, up from 71% currently
Scheme makes pledge to increase diversity and inclusion in order to close pay gap