Responses and Representations

A key part of our work as a voice championing the sustainable finance industry is responding to policy consultations and inquiries held by the Government, Parliament and regulators to help them develop policies in relevant areas. We also represent our members by working to lobby the government on key legislative and political developments affecting the industry.

To see our pre-2009 policy responses and representations, please click here.

Recent activities on our current policy priorities:

2017

UKSIF Policy Update: Government Announces Corporate Governance Reform Package, August 29th

UKSIF Policy Consultation – EU High-Level Expert Group on Sustainable Finance briefing webinar slides, August 17th

Summary – Law Commission: Pension Funds and Social Investment, June 26^th

UKSIF response to the PQM consultation to improve standards for DC accreditation schemes, July 21^st

Press release on a new consultation by the Pension Quality Mark to improve standard for DC accreditation schemes, July 18^th

New UK Government, 21 June

Cabinet and ministerial changes following the election and the potential impact for the responsible investment sector.

UKSIF 2017 General Election Manifesto Highlights

UKSIF produced the following guide to political party manifestos for members for the 2017 General Election.

UKSIF response to FCA consultation on FAMR implementation part 1, 26 May

Following the Financial Advice Market Review the FCA is consulting on implementation of the FAMR recommendations. This is UKSIF’s response to the consultation which focuses on making it easier for retail investors to invest in-line with their values.

UKSIF letter to Prime Minister ahead of G7 meeting in Sicily, 24 May

UKSIF has written to the Prime Minister and other Government ministers ahead of the G7 meeting in Sicily on the importance of world leaders reaffirming their commitment to the Paris Agreement.

UKSIF response to the Industrial Strategy Green Paper, 11 April

Following engagement with members, UKSIF responded to the Government’s Industrial Strategy Green Paper. Our response highlights ways to support private investment into infrastructure and how to encourage longer-term investment decisions in the investment chain.

Policy update: New Investment Guidance for Defined Benefit Pension Schemes, 30 March

An UKSIF policy brief following the publication by TPR of new investment guidance for trustees of defined-benefit pension schemes.

UKSIF submission to FCA Asset Management Market Study (AMMS), 20 Feb

UKSIF responded to the AMMS and highlighted that the increase in demand for SRI investing is already and will continue to transform the asset management industry, this this focus on responsible investment will likely result in increased costs and that the FCA should be cautious in its approach to avoid stifling innovation and allowing the sector to evolve.

UKSIF response to the Government’s corporate governance review, 17 Feb

UKSIF’s response to the BEIS corporate governance green paper highlighted the strength of the current corporate governance regime in the UK and focused on the need for any reforms to stop short-termism and encourage well performing companies over the long-term.

UKSIF summarised response to the consultation on TCFD Recommendations, 10 Feb

UKSIF responded to the consultation on the TCFD recommendations. We welcomed the TCFD’s work, but highlighted more should be done for the banking sector.

UKSIF submission to FCA Our Future Mission consultation, 29 Jan

UKSIF responded to the FCA’s consultation on its future mission, highlighting that without proper consideration of the impact of climate change and other ESG factors, it risks failing in its statutory and operational objectives.

2016

UKSIF response to LC consultation on DC pension funds and social investments, 21 Dec

The Law Commission was asked by the Government to review the legal and regulatory barriers to social investment by pension funds. UKSIF’s response highlighted high costs, rules around daily dealing and a lack of financial awareness as key barriers which need to be addressed before social investment by pension funds can reach its full potential.

UKSIF Response to BEIS Select Committee inquiry into corporate governance. Nov

UKSIF responded to the BEIS Select Committee inquiry into the UK corporate governance regime, ahead of the Government consultation scheduled for later this year.

UKSIF response to the PMI and APPT consultation on a Diploma in Professional Trusteeship, 29 Sept

LGPS Guidance on Preparing and Maintaining an Investment Strategy Statement Statement, Policy Update 21 Sept

UKSIF Response to 21st Century Trusteeship and Governance, 9 Sept

UKSIF Response to House of Lords Select Committee on Charities Call for Evidence, 5 Sept

UKSIF Response to Mission-led Business Review, 3 August

One Month after Brexit Policy Update, 27 July

SRI Post-Brexit, 5 July

UKSIF letter to the Charity Commission on social investments, 1 June

UKSIF letter to the FSB on the Task Force on Climate-related Financial Disclosures and Response to the TCFD Consultation May

UKSIF Response to the Pensions Regulator Code of Practice Guidance for DC Scheme Consultations, 11 May

UKSIF letter to Secretary of State for Energy and Climate Change on 5^th Carbon Budget , 9 May

UKSIF Response to Department for Business, Innovation and Skills consultation to transpose the Non-Financial Reporting Directive into UK Law, 15 April