IGCs face stronger ESG reporting duties under FCA plans

Contract-based schemes could face requirements to disclose their firms' policies on environmental, social and governance (ESG) issues under Financial Conduct Authority (FCA) plans.
The watchdog will in the first quarter of next year consult on a package of changes for independent governance committees (IGCs), including reporting on stewardship and evaluation of ESG considerations...
More on Defined Contribution
MPs to investigate advice in ongoing pensions freedoms inquiry
MPs on the Work and Pensions Committee (WPC) will assess the availability of financial advice in the second stage of its pensions freedom inquiry.
TPR publishes full details of charity pension trustee fraud case
The Pensions Regulator (TPR) has published a regulatory intervention report on the case of jailed former charity for the disabled trustee and chief executive Patrick McLarry.
LCP calls for 'fundamental rethink' on DC chair's statements
Defined contribution (DC) chair’s statements need a major re-think as part of the Department for Work and Pensions’ five-yearly statutory review on the rules around scheme governance in 2021, LCP says.
Uber drivers win pension rights
Uber drivers have once again won a legal battle to access to workers’ rights including auto-enrolment (AE) pensions, the minimum wage, and paid holidays.
The challenge of GMP equalisation continues
Pension professionals will need to get to grips with a number of points in order to effectively implement the most recent GMP decision, write Stephen Richards and Julia Ward.