Calls for harmonisation from regulators on TCFD timeline

FCA, DWP and TPR urged to find a common set of expectations for schemes and investors

clock • 2 min read
PLSA deputy director for policy Joe Dabrowski

PLSA deputy director for policy Joe Dabrowski

Both the Pensions and Lifetime Savings Association (PLSA) and Cardano have welcomed the Financial Conduct Authority’s (FCA) proposals to extend climate disclosure requirements to contract-based schemes, but say greater harmonisation on timelines is needed.

The FCA's consultation, launched in June, laid out plans to extend Taskforce on Climate-related Financial Disclosure (TCFD) reporting commitments to insurance-based defined contribution (DC) schemes, both...

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