Pension trustees who do not consider the potential impact of environmental factors on investment performance risk breaching their fiduciary duties to scheme members, according to a new report.
The Pensions Regulator (TPR) has published its draft code of practice for master trusts, ahead of the entry into force of the new authorisation and supervision regime on 1 October 2018.
Multi-employer 'master trust' pension schemes now have sufficient detail to prepare for the new authorisation and supervision regime following the latest publication by the government, an expert has said.
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