Investment consultants join with AMNT/ UKSIF to increase client ESG awareness

Monday 25th September

Adam Cadle, MoneyAge

Twelve investment consultants have agreed to ensure clients are made aware of The Pensions Regulator’s guidance that pension schemes take into account environmental, social and governance factors where they are financially material according to the AMNT and UKSIF.

The TPR guidance and this initiative reflect growing recognition that ESG factors will affect the value of pension funds: the Governor of the Bank of England has suggested that climate change may affect the value of a third of shares and bonds; shares in Volkswagen fell sharply as the governance scandal unfolded; and the public seems more likely to boycott firms that fall short in employment standards.

Read the full article here.