New Government rules could hinder councils’ long-term investment and damage savings

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UKSIF24th February 2016

 – Government misunderstands the financial materiality of ESG investment

– Government could cause breaches of pension fund fiduciary duty

– Long-term investment decisions could be hindered by Government

– Government disruption to pension fund investment decisions could put long-term returns at risk

– UKSIF responds to Government consultation on new rules for Local Authority Pension Fund investment.

 

Read the full press release here.