The government says it plans to clarify legislation around consideration of broader long-term financial risks, and schemes' ability to consider members' non-financial or ethical concerns.
It believes this will make it easier for trustees of pension schemes to invest members' savings in assets that can "do good", as well as delivering market returns. The government set out its intention...
This week's edition of Professional Pensions is out now.
Laytons partner Jennie Kreser speaks of her concerns over pension outcomes.
Guy Opperman has indicated his support for a fresh pensions commission as the government seeks to understand how to progress pensions policy in a wide range of areas.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.