Pension Schemes Bill

Sackers has published its fourth guide for trustees on ESG and climate change-related risks, designed to help compliance with upcoming regulatory requirements.

Trustees and their advisers could be “criminalised for doing the right thing” and left “fearful of acting” if Pension Schemes Bill wording is not amended, the Joint Industry Forum (JIF) says.

The House of Lords has called for pension schemes to align their portfolios with the objectives of the Paris Climate Agreement.

Which? has called for urgent introduction of a comprehensive pensions dashboard after an investigation revealed how the current system leaves workers struggling to track down their retirement pots.

PTL managing director Richard Butcher has warned trustees could face jail under proposed pension schemes bill additions to the Pensions Act 2004.

Amendments to the pension schemes bill tabled in the House of Lords could hand the government “unprecedented” powers over schemes’ investment strategies, the Pensions and Lifetime Savings Association (PLSA) has warned.

The pension schemes bill heralds an era of tougher governance rules and strengthened member protections, bringing with it a lot of work for trustees, says Fuat Sami.

The pension schemes bill has passed its second reading in the House of Lords, despite questions over the breadth of government powers.

Pension providers must now be proactive and prepare their data in order to be ready for the pensions dashboard, Guy Opperman has warned.

The Pensions and Lifetime Savings Association (PLSA) has welcomed the reintroduction of the pension schemes bill, after the government reaffirmed the details in the reopening of parliament this week.