What does the recent Government call for evidence mean for trustees’ investment duties?
As part of the Government’s wider focus on unlocking investment opportunities for UK pension schemes (which account for around £2tn of assets), the Government has been looking to understand what makes for good trusteeship in today’s landscape. It has had a particular focus on whether trustees have the right knowledge and skills to consider the full breadth of investment opportunities available. Last year, the Government issued a call for evidence to explore this in detail. In his article for PMI, Schuyler Hillbery gives a brief overview of the responses they received, barriers and what will come next.
Click here to download and read the full article on p.44.