Responsible investment bill ignites shoehorning concerns
Legislation formalising trustees’ ESG duties could be overly prescriptive and lay down too much pressure on schemes, the industry has told PP.
Almost half (45%) of respondents to PP's latest Pensions Buzz have given cautious support to ShareAction's proposal for a responsible investment bill, which was presented to MPs at an event held in collaboration...
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Pension Schemes Bill will be law by the end of the year
Despite an anticipated delay in the Pension Schemes Bill being debated in the House of Commons, Guy Opperman has confirmed he fully expects it to be law by the end of 2020.
Pension tax changes for public workers lauded a fair choice
The government’s proposal of temporary changes to pension tax for public sector workers amid the Covid-19 pandemic is the fairest choice, says Royal London.
Oxfordshire County Council pension fund improves following TPR action
Oxfordshire County Council has seen a "significant improvement" to its pension fund governance following action by The Pensions Regulator (TPR).
DB pension freedom rights 'eroded' by Dear CEO letter
The recent 'Dear CEO' letter sent by the FCA to pension providers could mean pension freedoms for defined benefit (DB) scheme members are "being eroded", one SIPP provider has warned.
SLA tribunal triumph over Lloyds termination of £109bn Scottish Widows mandate
Standard Life Aberdeen has won a tribunal in which it claimed Lloyds Banking Group was not entitled to give notice to terminate investment management arrangements for a £109bn mandate.
