Closed 146 events
Threads / Pension Schemes Climate Reporting and Governance / Timeline
Lifecycle stage Implementation
206 days in stage

Pension Schemes Climate Reporting and Governance

DWP is implementing climate reporting and governance requirements for pension schemes under the Pension Schemes Act 2021, requiring trustees to disclose climate-related risks and align investments with net zero. The policy addresses member expectations and historic communications regarding climate considerations in pension fund management. Implementation is ongoing with guidance and regulatory clarification in development.

Log in for AI briefing
Showing all 146 signals
Sort Latest first Oldest first
Family
Signal
Year
Body
Role

2026

26 events
28 Apr 2026 | Written question Department for Work and Pensions linked

To ask the Secretary of State for Work and Pensions, what steps his Department is taking to ensure that historic communications and reasonable expectations of pension scheme members are reflected in t

To ask the Secretary of State for Work and Pensions, what steps his Department is taking to ensure that historic communications and reasonable expectations of pension scheme members are reflected in trustee governance and decision-making.

▤ View document · ↗ GOV.UK

2025

8 events
14 Nov 2025 | Statutory Instrument Northern Ireland Executive linked

The Occupational Pension Schemes (Collective Money Purchase Schemes) (Miscellaneous Amendments) Regulations (Northern Ireland) 2025

Regulation 2 amends the Occupational and Personal Pension Schemes (Consultation by Employers) Regulations (Northern Ireland) 2006 to correct a minor drafting error in regulation 10 made by the Occupational Pension Schemes (Collective Money Purchase Schemes) (Modifications and Consequential and Misce

▤ View document · ↗ GOV.UK

2024

9 events
26 Jan 2024 | Statutory Instrument Northern Ireland Executive linked

The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2024

These Regulations revoke and re-enact the Occupational Pension Schemes (Collective Money Purchase Schemes) (No. 2) Regulations (Northern Ireland) 2023 (“the Collective Money Purchase Schemes Regulations”) which would otherwise cease to have effect by virtue of section 112(3)(b) of the Pensions …

▤ View document · ↗ GOV.UK

2023

3 events
21 Nov 2023 | Statutory Instrument Northern Ireland Executive linked

The Occupational Pension Schemes (Collective Money Purchase Schemes) (No. 2) Regulations (Northern Ireland) 2023 (revoked)

These Regulations revoke and re-enact the Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2023 (“the Collective Money Purchase Schemes Regulations”) which would otherwise cease to have effect by virtue of section 112(3)(b) of the Pensions (No. 2) …

▤ View document · ↗ GOV.UK
23 Jun 2023 | Committee report linked

In addition to putting in place mechanisms to provide real-time warning of reductions in LDI resilience, the Department for Work and Pensions and The Pensions Regulator should consult on whether introducing disclosure requirements on pension schemes relating the use of LDI through the annual report or investment statement, would help improve standards of governance. They should consult with stakeholders on the data it is appropriate to collect. We suggest that consideration is given to: the m...

In addition to putting in place mechanisms to provide real-time warning of reductions in LDI resilience, the Department for Work and Pensions and The Pensions Regulator should consult on whether introducing disclosure requirements on pension schemes relating the use of …

▤ View document · ↗ GOV.UK
31 Jan 2023 | Statutory Instrument Northern Ireland Executive linked

The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2023 (revoked)

These Regulations revoke and re-enact the Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2022 (“the Collective Money Purchase Schemes Regulations”) which would otherwise cease to have effect by virtue of section 112(3)(b) of the Pensions (No. 2) …

▤ View document · ↗ GOV.UK

2022

25 events
15 Jul 2022 | Consultation outcome Department for Work and Pensions linked

Consideration of social risks and opportunities by occupational pension schemes — outcome published

We are seeking views on the effectiveness of occupational pension scheme trustees’ current policies and practices in relation to social factors.

▤ View document · ↗ GOV.UK · ↓ Consideration of social risks and opportunities…
+3 more
↓ Consideration of social risks and opportunities by occupati… (22pp) ↓ Government response: Consideration of social risks and oppo… ↓ Government response: Consideration of social risks and oppo… (31pp)
17 Jun 2022 | Consultation outcome Department for Work and Pensions linked

Climate and investment reporting: setting expectations and empowering savers — outcome published

Consultation seeking views on the policy proposals on Paris alignment reporting, accompanying draft regulations and statutory guidance, and draft statutory/non-statutory guidance explaining DWP’s expectations on Implementation Statement reporting and the Statement of Investment Principles.

▤ View document · ↗ GOV.UK · ↓ Climate and investment reporting: setting expec…
+14 more
↓ Climate and investment reporting: setting expectations and … (53pp) ↓ The Occupational Pension Schemes (Climate Change Governance… ↓ The Occupational Pension Schemes (Climate Change Governance… (3pp) ↓ Proposed amendments to the Statutory Guidance – governance … ↓ Proposed amendments to the Statutory Guidance – governance … (6pp) ↓ Consultation version: Reporting on stewardship and other to… ↓ Reporting on stewardship and other topics through the State… (20pp) ↓ Government response: Climate and investment reporting: sett… ↓ Reporting on Stewardship and Other Topics through the State… ↓ Statutory guidance: Governance and reporting of climate cha… ↓ Government response: Climate and investment reporting: sett… (53pp) ↓ Reporting on Stewardship and Other Topics through the State… (30pp) ↓ Statutory guidance: Governance and reporting of climate cha… (54pp) ↓ Draft regulations: The Occupational Pension Schemes (Climat… (3pp)
6 Jan 2022 | Consultation outcome Department for Work and Pensions linked

Climate and investment reporting: setting expectations and empowering savers — consultation closed

Consultation seeking views on the policy proposals on Paris alignment reporting, accompanying draft regulations and statutory guidance, and draft statutory/non-statutory guidance explaining DWP’s expectations on Implementation Statement reporting and the Statement of Investment Principles.

▤ View document · ↗ GOV.UK · ↓ Climate and investment reporting: setting expec…
+14 more
↓ Climate and investment reporting: setting expectations and … (53pp) ↓ The Occupational Pension Schemes (Climate Change Governance… ↓ The Occupational Pension Schemes (Climate Change Governance… (3pp) ↓ Proposed amendments to the Statutory Guidance – governance … ↓ Proposed amendments to the Statutory Guidance – governance … (6pp) ↓ Consultation version: Reporting on stewardship and other to… ↓ Reporting on stewardship and other topics through the State… (20pp) ↓ Government response: Climate and investment reporting: sett… ↓ Reporting on Stewardship and Other Topics through the State… ↓ Statutory guidance: Governance and reporting of climate cha… ↓ Government response: Climate and investment reporting: sett… (53pp) ↓ Reporting on Stewardship and Other Topics through the State… (30pp) ↓ Statutory guidance: Governance and reporting of climate cha… (54pp) ↓ Draft regulations: The Occupational Pension Schemes (Climat… (3pp)

2021

52 events
21 Oct 2021 | Consultation outcome Department for Work and Pensions linked

Climate and investment reporting: setting expectations and empowering savers — consultation opened

Consultation seeking views on the policy proposals on Paris alignment reporting, accompanying draft regulations and statutory guidance, and draft statutory/non-statutory guidance explaining DWP’s expectations on Implementation Statement reporting and the Statement of Investment Principles.

▤ View document · ↗ GOV.UK · ↓ Climate and investment reporting: setting expec…
+14 more
↓ Climate and investment reporting: setting expectations and … (53pp) ↓ The Occupational Pension Schemes (Climate Change Governance… ↓ The Occupational Pension Schemes (Climate Change Governance… (3pp) ↓ Proposed amendments to the Statutory Guidance – governance … ↓ Proposed amendments to the Statutory Guidance – governance … (6pp) ↓ Consultation version: Reporting on stewardship and other to… ↓ Reporting on stewardship and other topics through the State… (20pp) ↓ Government response: Climate and investment reporting: sett… ↓ Reporting on Stewardship and Other Topics through the State… ↓ Statutory guidance: Governance and reporting of climate cha… ↓ Government response: Climate and investment reporting: sett… (53pp) ↓ Reporting on Stewardship and Other Topics through the State… (30pp) ↓ Statutory guidance: Governance and reporting of climate cha… (54pp) ↓ Draft regulations: The Occupational Pension Schemes (Climat… (3pp)
30 Sep 2021 | Committee report linked

COP26, which will take place in Glasgow in November, may well be the largest summit ever hosted in the UK and it provides a major opportunity for the UK to show global leadership. We recommend that the UK Government should use this opportunity to make every endeavour to build an international consensus on the role of pension schemes and other parts of the finance sector in achieving the goals of the Paris Agreement.

COP26, which will take place in Glasgow in November, may well be the largest summit ever hosted in the UK and it provides a major opportunity for the UK to show global leadership. We recommend that the UK Government should …

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

Global harmonisation of climate-related reporting standards would considerably reduce the burden on pension schemes and the associated costs of meeting different reporting requirements. It would also improve the comparability of different assets across international borders. COP26 provides a significant opportunity for the Government to secure international commitments to work towards the global harmonisation of climate-related disclosures. However, work towards global harmonisation of climat...

Global harmonisation of climate-related reporting standards would considerably reduce the burden on pension schemes and the associated costs of meeting different reporting requirements. It would also improve the comparability of different assets across international borders. COP26 provides a signifi

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

A green taxonomy will be vital to the success of measures introduced by the Government to tackle climate change. It will support pension schemes, especially smaller schemes, in assessing the merits of different investments and avoiding the risk of “greenwashing”. We recommend that as far as possible the taxonomy should align with international standards, whilst also reflecting the UK context. (Paragraph 28) 32 Pension stewardship and COP26

A green taxonomy will be vital to the success of measures introduced by the Government to tackle climate change. It will support pension schemes, especially smaller schemes, in assessing the merits of different investments and avoiding the risk of “greenwashing”. …

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

We have not considered wider environmental, social and governance factors in detail during our inquiry. The Department for Work and Pensions’ consultation on social risks and opportunities by occupational pension schemes closed recently and it is important that these factors are considered holistically. We expect to look closely at the Government’s response to that consultation. We urge the Government to publish its consultation response within three months. In the response, it should outline...

We have not considered wider environmental, social and governance factors in detail during our inquiry. The Department for Work and Pensions’ consultation on social risks and opportunities by occupational pension schemes closed recently and it is important that these factors …

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

Making green investments, particularly in infrastructure, can be complex and costly. Larger schemes are usually better placed to meet those costs and to provide the high level of scheme governance required. We welcome the intent of the Department for Work and Pensions and the Pensions Regulator in encouraging scheme consolidation. We recommend that the Pensions Regulator report annually on the progress made to consolidate schemes within its existing research and analysis publications.

Making green investments, particularly in infrastructure, can be complex and costly. Larger schemes are usually better placed to meet those costs and to provide the high level of scheme governance required. We welcome the intent of the Department for Work …

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

The idea of “net zero alignment” does not have a single clear definition. Without a standardised definition, there is a risk that different pension schemes will interpret “net zero” in different ways. That will make it more difficult for savers to understand the approach their scheme is taking or to compare schemes. We recommend that the Pensions Regulator define net zero alignment.

The idea of “net zero alignment” does not have a single clear definition. Without a standardised definition, there is a risk that different pension schemes will interpret “net zero” in different ways. That will make it more difficult for savers …

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

Many schemes have already set net zero targets voluntarily. We encourage other schemes to consider whether they should also set net zero targets. While we recognise that any target must not undermine trustees’ fiduciary duties, we believe that in many cases these will be aligned.

Many schemes have already set net zero targets voluntarily. We encourage other schemes to consider whether they should also set net zero targets. While we recognise that any target must not undermine trustees’ fiduciary duties, we believe that in many …

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

While larger schemes are setting net zero targets, it is likely that many smaller schemes will not have the resources to do this effectively without support and guidance. Ambiguity about whether net zero targets would put trustees at risk of breaching their fiduciary duty to act in the best interests of their members is also a barrier for trustees. We do not believe that the fiduciary duty itself needs to change, but schemes do need more clarity. We recommend that the Pensions Regulator shoul...

While larger schemes are setting net zero targets, it is likely that many smaller schemes will not have the resources to do this effectively without support and guidance. Ambiguity about whether net zero targets would put trustees at risk of …

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

Defined contribution schemes used for automatic enrolment are required to have a default option into which the member is enrolled, unless they specify an alternative. We recommend that the Government consult on the case for mandating that these default options should align to UK Government climate goals.

Defined contribution schemes used for automatic enrolment are required to have a default option into which the member is enrolled, unless they specify an alternative. We recommend that the Government consult on the case for mandating that these default options …

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

As a large scheme the Local Government Pension Scheme (LGPS) could be well placed to demonstrate and develop best practice in pension scheme governance, including on climate change. The Minister for Pensions and Financial Inclusion told us that, in his view, the Local Government Pension Scheme should be run by the Department for Work and Pensions rather than the Ministry for Housing Communities and Local Government. This is an interesting view. We are not Pension stewardship and COP26 33 conv...

As a large scheme the Local Government Pension Scheme (LGPS) could be well placed to demonstrate and develop best practice in pension scheme governance, including on climate change. The Minister for Pensions and Financial Inclusion told us that, in his …

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

Pension schemes may already be exposed to brown asset bubbles. Investments, such as non-renewables, may be overvalued if investors have not yet adequately accounted for the cost of changes resulting from either climate change or policies to mitigate climate change.

Pension schemes may already be exposed to brown asset bubbles. Investments, such as non-renewables, may be overvalued if investors have not yet adequately accounted for the cost of changes resulting from either climate change or policies to mitigate climate change. …

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

Pension schemes make long-term investment decisions for their members. A clear UK—and, where possible, international—climate change strategy will provide greater certainty for pension schemes to make long-term investments. We recommend that the Government set out a UK climate roadmap—including sector specific pathways for meeting the Paris Agreement goals—to provide greater certainty for pension schemes and other investors, particularly for those investing in in long- term investments such as...

Pension schemes make long-term investment decisions for their members. A clear UK—and, where possible, international—climate change strategy will provide greater certainty for pension schemes to make long-term investments. We recommend that the Government set out a UK climate roadmap—including secto

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

The purpose of pension schemes setting net zero targets is not solely that the schemes themselves should be net zero aligned, but that they should make an impact in reducing the real economy’s contribution to climate change. Good stewardship is a method of achieving that change. Last year the Department for Work and Pensions set up the Taskforce on Pension Scheme Voting Implementation to make recommendations to drive better voting policies and vote reporting. We will be looking closely at its...

The purpose of pension schemes setting net zero targets is not solely that the schemes themselves should be net zero aligned, but that they should make an impact in reducing the real economy’s contribution to climate change. Good stewardship is …

▤ View document · ↗ GOV.UK
30 Sep 2021 | Committee report linked

Divestment is the process of selling assets already held by a pension scheme. Divestment remains a fallback strategy for pension schemes with investments in assets which are unable to reduce their contribution to climate change or where a good stewardship approach has failed. Nevertheless, widespread divestment by pension schemes is unlikely to have the required impact on the real economy’s 34 Pension stewardship and COP26 contribution to climate change. Encouraging behaviour change in compan...

Divestment is the process of selling assets already held by a pension scheme. Divestment remains a fallback strategy for pension schemes with investments in assets which are unable to reduce their contribution to climate change or where a good stewardship …

▤ View document · ↗ GOV.UK
13 Sep 2021 | Statutory Instrument Northern Ireland Executive linked

The Occupational Pension Schemes (Climate Change Governance and Reporting) (Miscellaneous Provisions and Amendments) Regulations (Northern Ireland) 2021

These Regulations prescribe matters about which trustees of certain occupational pension schemes are required to have knowledge and understanding and make amendments to the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014 (“the 2014 Regulation

▤ View document · ↗ GOV.UK
21 Jul 2021 | Consultation outcome Department for Work and Pensions linked

Taking action on climate risk: improving governance and reporting by occupational pension schemes – response and consultation on regulations — outcome published

This consultation seeks views on proposals to require trustees of larger occupational pension schemes and authorised schemes to address climate change risks and opportunities.

▤ View document · ↗ GOV.UK · ↓ Taking action on climate risk: improving govern…
+14 more
↓ Taking action on climate risk: improving governance and rep… (129pp) ↓ Governance and reporting of climate change risk: guidance f… ↓ Governance and reporting of climate change risk: guidance f… (43pp) ↓ The Occupational Pension Schemes (Climate Change Governance… ↓ The Occupational Pension Schemes (Climate Change Governance… (4pp) ↓ The Occupational Pension Schemes (Climate Change Governance… ↓ The Occupational Pension Schemes (Climate Change Governance… (15pp) ↓ Impact Assessment on climate change risk – governance and d… ↓ Impact Assessment on climate change risk – governance and d… (36pp) ↓ Government response: Taking action on climate risk: improvi… ↓ Government response: Taking action on climate risk improvin… (80pp) ↓ Draft: The Occupational Pension Schemes (Climate Change Gov… (17pp) ↓ Draft: The Occupational Pension Schemes (Climate Change Gov… (5pp) ↓ Public responses to the Taking action on climate risk: impr…
19 Jul 2021 | Statutory Instrument linked

The Occupational Pension Schemes (Climate Change Governance and Reporting) (Miscellaneous Provisions and Amendments) Regulations 2021

These Regulations prescribe matters about which trustees of certain occupational pension schemes are required to have knowledge and understanding and make amendments to the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 (S.I. 2013/2734) (“the Disclosure Regula

▤ View document · ↗ GOV.UK
29 Jun 2021 | Consultation outcome Department for Work and Pensions linked

Strengthening The Pensions Regulator’s Powers: Contribution Notice and Information Gathering Powers Regulations 2021 — outcome published

This consultation seeks views on the proposed drafting of 2 sets of regulations concerning the powers of The Pensions Regulator following changes introduced by the Pension Schemes Act 2021.

▤ View document · ↗ GOV.UK · ↓ Strengthening The Pensions Regulator’s Powers: …
+6 more
↓ Draft regulations: The Pensions Regulator (Contribution Not… ↓ Draft regulations: The Pensions Regulator (Contribution Not… (3pp) ↓ Draft regulations: The Pensions Regulator (Information Gath… ↓ Draft regulations: The Pensions Regulator (Information Gath… (4pp) ↓ Government response: Strengthening The Pensions Regulator’s… ↓ Government response: Strengthening The Pensions Regulator’s… (18pp)
16 Jun 2021 | Consultation outcome Department for Work and Pensions linked

Consideration of social risks and opportunities by occupational pension schemes — consultation closed

We are seeking views on the effectiveness of occupational pension scheme trustees’ current policies and practices in relation to social factors.

▤ View document · ↗ GOV.UK · ↓ Consideration of social risks and opportunities…
+3 more
↓ Consideration of social risks and opportunities by occupati… (22pp) ↓ Government response: Consideration of social risks and oppo… ↓ Government response: Consideration of social risks and oppo… (31pp)
8 Jun 2021 | Announcement Department for Work and Pensions linked

Taking Action on Climate Change

UIN: HCWS74 The UK was the first G7 country to legislate for net-zero and it will be the first to legislate for the Task Force on Climate-related Financial Disclosures – ensuring we tackle climate change and deliver safer, better and …

▤ View document · ↗ GOV.UK
8 Jun 2021 | Announcement Department for Work and Pensions linked

Taking Action on Climate Change

UIN: HLWS68 My honourable Friend, the Parliamentary Under Secretary of State for Pensions & Financial Inclusion (Guy Opperman MP) has made the following Written Statement.The UK was the first G7 country to legislate for net-zero and it will be the …

▤ View document · ↗ GOV.UK
29 Apr 2021 | Consultation outcome Department for Work and Pensions linked

Strengthening The Pensions Regulator’s Powers: Contribution Notice and Information Gathering Powers Regulations 2021 — consultation closed

This consultation seeks views on the proposed drafting of 2 sets of regulations concerning the powers of The Pensions Regulator following changes introduced by the Pension Schemes Act 2021.

▤ View document · ↗ GOV.UK · ↓ Strengthening The Pensions Regulator’s Powers: …
+6 more
↓ Draft regulations: The Pensions Regulator (Contribution Not… ↓ Draft regulations: The Pensions Regulator (Contribution Not… (3pp) ↓ Draft regulations: The Pensions Regulator (Information Gath… ↓ Draft regulations: The Pensions Regulator (Information Gath… (4pp) ↓ Government response: Strengthening The Pensions Regulator’s… ↓ Government response: Strengthening The Pensions Regulator’s… (18pp)
22 Apr 2021 | Committee report linked

There is a high level of inertia amongst consumers around defined contribution pension fund choice, with most remaining in the ‘default’ fund. The Treasury has been robust in its view that default funds should not be required to move to more green alternatives, but at the same time maintains that consumers should not have to switch out of the default fund to invest sustainably. The Government should resolve this apparent contradiction. At present the Treasury is relying on a blend of disclosu...

There is a high level of inertia amongst consumers around defined contribution pension fund choice, with most remaining in the ‘default’ fund. The Treasury has been robust in its view that default funds should not be required to move to …

▤ View document · ↗ GOV.UK
22 Apr 2021 | Committee report linked

Consumers who hold defined benefits pensions have no choice as to how their assets are allocated. They rely upon their trustees. We note that previous attempts to get defined benefit schemes to acknowledge Environmental Social and Governance concerns have not been entirely successful. In its phased approach to implementing the regulations, the Pensions Regulator will need to consider how to reach smaller pension schemes. The draft regulations appear to exclude the smallest trust schemes. Howe...

Consumers who hold defined benefits pensions have no choice as to how their assets are allocated. They rely upon their trustees. We note that previous attempts to get defined benefit schemes to acknowledge Environmental Social and Governance concerns have not …

▤ View document · ↗ GOV.UK
22 Apr 2021 | Committee report linked

We note the concerns expressed about indices, in that the most popular may be carbon-intensive, and those that purport to be green may have carbon-intensive constituents. The risk remains that many consumers are unaware of the carbon- intensity of the indices that their passive investments are tracking. The Treasury and regulators should therefore ensure that all indices (whether conventional or climate- friendly) clearly set out the overall carbon footprint of the assets included within indi...

We note the concerns expressed about indices, in that the most popular may be carbon-intensive, and those that purport to be green may have carbon-intensive constituents. The risk remains that many consumers are unaware of the carbon- intensity of the …

▤ View document · ↗ GOV.UK
22 Apr 2021 | Committee report linked

The Prudential Regulation Authority and Financial Conduct Authority should move quickly to incorporate their revised remits to include climate change. We will continue to monitor their progress and ongoing approach to the risks arising from climate change.

The Prudential Regulation Authority and Financial Conduct Authority should move quickly to incorporate their revised remits to include climate change. We will continue to monitor their progress and ongoing approach to the risks arising from climate change. Type: conclusion | …

▤ View document · ↗ GOV.UK
21 Mar 2021 | Consultation outcome Department for Work and Pensions linked

Consideration of social risks and opportunities by occupational pension schemes — consultation opened

We are seeking views on the effectiveness of occupational pension scheme trustees’ current policies and practices in relation to social factors.

▤ View document · ↗ GOV.UK · ↓ Consideration of social risks and opportunities…
+3 more
↓ Consideration of social risks and opportunities by occupati… (22pp) ↓ Government response: Consideration of social risks and oppo… ↓ Government response: Consideration of social risks and oppo… (31pp)
18 Mar 2021 | Consultation outcome Department for Work and Pensions linked

Strengthening The Pensions Regulator’s Powers: Contribution Notice and Information Gathering Powers Regulations 2021 — consultation opened

This consultation seeks views on the proposed drafting of 2 sets of regulations concerning the powers of The Pensions Regulator following changes introduced by the Pension Schemes Act 2021.

▤ View document · ↗ GOV.UK · ↓ Strengthening The Pensions Regulator’s Powers: …
+6 more
↓ Draft regulations: The Pensions Regulator (Contribution Not… ↓ Draft regulations: The Pensions Regulator (Contribution Not… (3pp) ↓ Draft regulations: The Pensions Regulator (Information Gath… ↓ Draft regulations: The Pensions Regulator (Information Gath… (4pp) ↓ Government response: Strengthening The Pensions Regulator’s… ↓ Government response: Strengthening The Pensions Regulator’s… (18pp)
10 Mar 2021 | Consultation outcome Department for Work and Pensions linked

Taking action on climate risk: improving governance and reporting by occupational pension schemes – response and consultation on regulations — consultation closed

This consultation seeks views on proposals to require trustees of larger occupational pension schemes and authorised schemes to address climate change risks and opportunities.

▤ View document · ↗ GOV.UK · ↓ Taking action on climate risk: improving govern…
+14 more
↓ Taking action on climate risk: improving governance and rep… (129pp) ↓ Governance and reporting of climate change risk: guidance f… ↓ Governance and reporting of climate change risk: guidance f… (43pp) ↓ The Occupational Pension Schemes (Climate Change Governance… ↓ The Occupational Pension Schemes (Climate Change Governance… (4pp) ↓ The Occupational Pension Schemes (Climate Change Governance… ↓ The Occupational Pension Schemes (Climate Change Governance… (15pp) ↓ Impact Assessment on climate change risk – governance and d… ↓ Impact Assessment on climate change risk – governance and d… (36pp) ↓ Government response: Taking action on climate risk: improvi… ↓ Government response: Taking action on climate risk improvin… (80pp) ↓ Draft: The Occupational Pension Schemes (Climate Change Gov… (17pp) ↓ Draft: The Occupational Pension Schemes (Climate Change Gov… (5pp) ↓ Public responses to the Taking action on climate risk: impr…
17 Feb 2021 | Committee report linked

It is a matter of grave concern that the carbon intensity of the UK corporate sector remains aligned with global temperature rises that would be catastrophic. We welcome the news that the Bank of England is exploring how it can adjust its Corporate Bond Purchase Scheme with regard to the Government’s climate objectives. Before the Pre-COP summit in September 2021, the Bank must set out the steps it intends to take to reduce the average carbon intensity of its corporate bond portfolio to align...

It is a matter of grave concern that the carbon intensity of the UK corporate sector remains aligned with global temperature rises that would be catastrophic. We welcome the news that the Bank of England is exploring how it can …

▤ View document · ↗ GOV.UK
11 Feb 2021 | Act Department for Work and Pensions linked

Pension Schemes Act 2021 (c.1)

The Pension Schemes Act 2021 received Royal Assent on 11 February 2021; Part 3 of the Act relates to new powers for The Pensions Regulator, including contribution notices, information gathering, and new criminal offences.

▤ View document · ↗ GOV.UK
27 Jan 2021 | Consultation outcome Department for Work and Pensions linked

Taking action on climate risk: improving governance and reporting by occupational pension schemes – response and consultation on regulations — consultation opened

This consultation seeks views on proposals to require trustees of larger occupational pension schemes and authorised schemes to address climate change risks and opportunities.

▤ View document · ↗ GOV.UK · ↓ Taking action on climate risk: improving govern…
+14 more
↓ Taking action on climate risk: improving governance and rep… (129pp) ↓ Governance and reporting of climate change risk: guidance f… ↓ Governance and reporting of climate change risk: guidance f… (43pp) ↓ The Occupational Pension Schemes (Climate Change Governance… ↓ The Occupational Pension Schemes (Climate Change Governance… (4pp) ↓ The Occupational Pension Schemes (Climate Change Governance… ↓ The Occupational Pension Schemes (Climate Change Governance… (15pp) ↓ Impact Assessment on climate change risk – governance and d… ↓ Impact Assessment on climate change risk – governance and d… (36pp) ↓ Government response: Taking action on climate risk: improvi… ↓ Government response: Taking action on climate risk improvin… (80pp) ↓ Draft: The Occupational Pension Schemes (Climate Change Gov… (17pp) ↓ Draft: The Occupational Pension Schemes (Climate Change Gov… (5pp) ↓ Public responses to the Taking action on climate risk: impr…
19 Jan 2021 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

Commons Amendments 13:32:00 Relevant Documents: 4th, 7th, 8th and 16th R eports from the Delegated Powers Committee Motion on Amendment 1 Moved by Baroness Stedman-Scott: That this House do agree with the Commons in their Amendment 1. 1: Clause 27, …

▤ View Bill · ↗ Parliament

2020

17 events
17 Nov 2020 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

Returned from the Commons The bill was returned from the Commons agreed to with amendments. It was ordered that the Commons amendments be printed. (HL Bill 152) House adjourned at 6.23 pm.

▤ View Bill · ↗ Parliament
15 Jul 2020 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

Third Reading 12:50:00 Relevant documents: 4th, 7th, 8th and 16th Reports from the Delegated Powers Committee Lord Ashton of Hyde (Con): My Lords, I have it in command from Her Majesty the Queen to acquaint the House that Her Majesty, …

▤ View Bill · ↗ Parliament
30 Jun 2020 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

Report 13:32:00 Relevant documents: 4th, 7th, 8th and 16th Reports from the Delegated Powers Committee and 2nd Report from the Constitution Committee Clause 11: Fit and proper persons requirement Amendment 1 Moved by 1: Clause 11, page 7, line 16, …

▤ View Bill · ↗ Parliament
25 Jun 2020 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

Order of Consideration Motion 12:18:00 Moved by Lord Ashton of Hyde (Con): My Lords, on behalf of my noble friend Lady Stedman-Scott, I beg to move the Motion standing in her name on the Order Paper. That the amendments for …

▤ View Bill · ↗ Parliament
4 Mar 2020 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

Committee (4th Day) 15:45:00 Relevant documents: 4th and 7th Report s from the Delegated Powers Committee and 2nd Report from the Constitution Committee The Deputy Chairman of Committees (Baroness Fookes) (Con): My Lords, I am obliged to make the usual …

▤ View Bill · ↗ Parliament
2 Mar 2020 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

Committee (3rd Day) 15:30:00 Relevant documents: 4th Report from the Delegated Powers Committee and 2nd Report from the Constitution Committee The Deputy Chairman of Committees (Baroness Garden of Frognal) (LD): My Lords, if there is a Division in the Chamber …

▤ View Bill · ↗ Parliament
26 Feb 2020 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

Committee (2nd Day) 15:45:00 Relevant documents: 4th Report from the Delegated Powers Committee and 2nd Report from the Constitution Committee The Deputy Chairman of Committees (Baroness McIntosh of Hudnall) (Lab): My Lords, good afternoon. I remind the Committee that, in …

▤ View Bill · ↗ Parliament
24 Feb 2020 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

Committee (1st Day) 15:30:00 Relevant document s : 4th Report from the Delegated Powers Committee and 2nd Report from the Constitution Committe e The Deputy Chairman of Committees (Lord Geddes) (Con): My Lords, I remind the Grand Committee that if …

▤ View Bill · ↗ Parliament
4 Feb 2020 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

Order of Consideration Motion 15:08:00 Moved by Baroness Stedman-Scott: That it be an instruction to the Grand Committee to which the Pension Schemes Bill [HL] has been committed that they consider the bill in the following order: Clauses 1 to …

▤ View Bill · ↗ Parliament
28 Jan 2020 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

Second Reading 15:55:00 Moved by Baroness Stedman-Scott: That the Bill be now read a second time. The Parliamentary Under-Secretary of State, Department for Work and Pensions (Baroness Stedman-Scott) (Con): My Lords, I take this opportunity to thank all noble Lords …

▤ View Bill · ↗ Parliament
7 Jan 2020 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

First Reading 15:18:00 A Bill to make provision about pension schemes. The Bill was introduced by Lord Ashton of Hyde (on behalf of Baroness Stedman-Scott), read a first time and ordered to be printed.

▤ View Bill · ↗ Parliament

2019

2 events
15 Oct 2019 | Bill stage Department for Work and Pensions linked

Pension Schemes Bill [HL]

First Reading 14:51:00 A Bill to make provision about pension schemes. The Bill was introduced by Baroness Stedman-Scott, read a first time and ordered to be printed.

▤ View Bill · ↗ Parliament

2018

2 events

2017

2 events