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