Pension climate regulation needs 'shake up', FIC says

Report calls for mandatory climate transition plans for DB and DC schemes

Jasmine Urquhart
clock • 3 min read
The FIC has called for a 'shake up' of pensions climate regulation in a new report
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The FIC has called for a 'shake up' of pensions climate regulation in a new report

The regulation of UK pension schemes requires a “radical shake up” in relation to climate transition obligations, a report by the Financial Inclusion Centre (FIC) has said.

The Time for Action report, published today (27 February), said pension schemes should be subject to mandatory climate transition plans, regulated by The Pensions Regulator (TPR). The report, wh...

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