“Proper stewardship” is key to unlocking the “green deal of sustainable investment”, pensions and financial inclusion minister Guy Opperman says.
In a video statement at the Sustainable Investment Festival this morning (11 July) - recorded before his resignation and re-appointment last week - the minister pointed toward the achievement of the UK becoming the first major economy to mandate the Taskforce on Climate-related Financial Disclosures (TCFD) reporting for its pensions sector last October. The new reporting regulations - which are currently in force for master trusts and schemes with assets of more than £5bn and will be rolled out to medium-sized schemes later this year - require pension scheme trustees to take steps to ide...
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