Responsible investment bill proposed to provide 'clear pathway' on trustee ESG duties
New legislation is needed to push pension trustees and asset managers to consider ESG factors within their legal duty to beneficiaries, as well as ensuring trustees are up to standard, ShareAction says.
The responsible investment-focussed charity will today (5 November) propose a ‘responsible investment bill' to MPs at an event held in collaboration with the All-Party Parliamentary Group (APPG) on Sustainable...
More on Law and Regulation
Charge cap proposals not enough and more radical overhaul needed, says SPP
Government proposals to employ a charge cap smoothing mechanism in a bid to incentivise defined contribution (DC) pension scheme investment in illiquid assets could have the opposite effect, says the Society of Pension Professionals (SPP).
Three in court in connection with £14m pension fraud
Three people have appeared in court in connection with an investigation into pension fraud totalling nearly £14m.
Ditch complex rise in normal minimum pension age, says Quilter
Plans to increase the normal minimum pension age (NMPA) to 57 should be annulled, or transitional protections removed, amid “scant evidence” to support the decision, says Quilter.
BT, Ford and M&S schemes to proceed with judicial review over RPI reform
The trustees of the BT Pension Scheme, Ford Pension Schemes, and the Marks and Spencer Pension Scheme have confirmed they will seek a judicial review of the decision to replace the Retail Prices Index (RPI) from 2030.
Investigating and prosecuting: TPR's draft policy to the rescue?
Clive Weber explores how the recent draft policy on new criminal sanctions explains TPR's future approach.
