We now have a high degree of certainty regarding the Government’s policy on climate risk for pension schemes. We have primary legislation, draft regulations, draft statutory guidance and final non-statutory guidance and we know when the requirements will apply to which schemes.
The new requirements set out in this News Alert are extensive and highly prescriptive; the timescales, by the Government’s own admission, are challenging.
For more details download our News Alert below.
This News Alert does not constitute advice, nor should it be taken as an authoritative statement of the law. If you would like any assistance or further information on the issues raised, please contact the partner who normally advises you at LCP via telephone on +44 (0)20 7439 2266 or by email to enquiries@lcp.uk.com.