Half of scheme representatives agree fiduciary duty hinders trustees in addressing climate change, finds XPS
Half of scheme representatives believe the current fiduciary duty of trustees hinders them in their ability to address climate change, according to a poll by XPS Pensions Group.
Hilary Salt asks if it is legitimate for trustees who have a fiduciary duty to members to assume that surplus should only be spent on locking in to lower returns
Two years have passed since the Law Commission's landmark review that attempted to clear up confusion over trustees' fiduciary duties. Stephanie Baxter finds despite some initial progress there is much more work to be done.
This week we want to know if the industry takes the security the Pensions Protection Fund (PPF) and The Pensions Regulator (TPR) provide to pensioners for granted.
PP looks at how planned LGPS reforms could undermine members' rights
Alice Garton explains why trustees are in danger of being taken to court to establish their obligations to consider financially material environmental risks
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 overwhelming majority of Pension Buzz's 166 respondents thought nationalising pension provision would be detrimental for the country.