Stuart O’Brien comments on tougher ESG disclosure rules for pension scheme trustees from 2020 in Pensions Expert
Partner, Stuart O’Brien, comments on the new regulations laid before Parliament which put into effect the EU Shareholder Rights Directive II.
Although implementation is October 2020, the changes come hot on the heels of the updated Investment Regulations which come in to force in October 2019, the implementation of the new rules is likely to be challenging for a lot of pension trustees:
“Trustees are going to need to get into a lot more detail with their appointed managers than they have previously. Although October 2020 seems a long way away, behaviours may need to change significantly if the regulations are to be fully implemented.”
Read the full comment and article in Pensions Expert (free registration required)
Read our latest Alert for details of the further changes required to SIPs and investment disclosure.