The government has rejected the Law Commission's advice to clarify how trustees can consider environmental, social and governance (ESG) factors and ethical concerns in their investment decisions.
The commission’s report ‘Fiduciary Duties of Investment Intermediaries’, published in 2014, found that trustees should take into account factors that were “financially material to the performance of an...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers