Seek wise Counsel and instructions
The proverb “Proverbs 19:20 Seek Wise Counsel And Instructions” has never been more apt than when major funds like Pension Funds consider their legal & moral obligations. This guide from Sackers, the UK’s leading specialist law firm for pension scheme trustees, employers, corporate investors and providers tells you everything you need to know.
Following changes to pension scheme investment regulations, from October 2019, pension trustees must update their scheme’s SIP to set out their policies on ESG, climate change and stewardship activities. Additional requirements apply from 2020 to trust based DC schemes. Similar changes are anticipated for contract based schemes and their IGCs, following an FCA consultation, expected in the first quarter of 2019.