Changes to the law on investments in occupational pension schemes
Detail of outcome
We published the government response to this consultation on Thursday 12 November 2015 as part of another consultation on Occupational pensions: reducing regulatory burdens and minor regulation changes.
Feedback received
Detail of feedback received
The responses to this consultation are attached. We received 47 responses from a variety of organisations. Having considered these responses, the government concluded there was not a compelling case to amend the regulations. It is important that trustees are supported in understanding heir responsibilities in taking investment decisions, and The Pensions Regulator is supporting trustees in doing this. Guidance provided by the Law Commission has been shared with trustees by The Pensions Regulator, and The Pension Regulator바카라 사이트™s own guidance has been updated to reflect the Law Commission바카라 사이트™s findings.
Original consultation
Consultation description
This consultation seeks views on recommendations made by the Law Commission on the law governing investments in occupational pension schemes. These recommendations were made in the commission바카라 사이트™s report , published on 1 July 2014. They cover 2 main themes:
- the difference between financial and non-financial factors when taking decisions about investments
- the role that a 바카라 사이트˜stewardship바카라 사이트™ approach can play when taking decisions about investments