Pensions and Lifetime Savings Association

Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.

A Treasury Select Committee report on net-zero transitions and the future of green finance has called on the government to consider climate labelling for financial products and ramp up efforts to tackle greenwashing.

This week’s top stories included the launch of a new sole trustee firm, and the grilling of The Pension Regulator’s interim chair over conflict of interest concerns.

Guidance to help trustees comply with climate disclosure rules will also call on them to “act now” to protect pension savers from climate risk, The Pensions Regulator (TPR) says.

The PLSA's James Walsh sets out how the trade association has listened to members to decide its policies for the year

An industry co-ordination group has been established to take forward the recommendations of the Department for Work and Pensions’ (DWP’s) small pension pots working group.

Less than half (45%) of trustees and pension scheme administrators say their schemes have accurate accrued pension amounts available digitally for all members, according to PP research.

The government will consult on mandating the use of simpler annual statements while also setting out an approach to a “pension statement season”, says Guy Opperman.

The switch to a zero-carbon economy provides the opportunity for attractive returns for pension funds, even if they are "not shoot the lights out returns", says Lord Adair Turner.

The benefits that working digitally has brought to the pensions industry are vital for its continued progression, says Pensions and Lifetime Savings Association (PLSA) chief executive Julian Mund.