Discover and read the best of Twitter Threads about #PensionSchemesBill

Most recents (2)

Delighted to be re-appointed by the PM as Minister for Pensions + Financial Inclusion.

We’ve already achieved a lot, but there is lots more to crack on with.

Top priorities are the #PensionSchemesBill thru @HouseofCommons
+ continuing progress on #ESG
Our Bill will reach @HouseofCommons around Easter + will

👉 Introduce Pensions Dashboard so you can see all pension pots in one place
👉 Require schemes to take account of climate risks + disclose investment chain
👉 Establish #CDC's
👉 Give the Regulator enhanced powers 2/
At the same time we continue to
-support the savings revolution that is #AutomaticEnrolment
-There are now over 10.5 million people in the UK saving 8% a year, with thanks to the over 1.5 million employers big and small who support their staff with #AE contributions 3/
Read 5 tweets
V positive step forward as @10DowningStreet have decided #UK is to be the first country to go further on #TCFD = Task Force on Climate Related Financial Disclosure ...

Govt will consult on proposals following amendments to #PensionSchemesBill we laid last night ⏩ #Progress 1/
This amendment imposes requirements on trustees + managers of certain occupational pension schemes as regards taking into account the effects of climate change / publishing information relating to those effects - takes #TCFD to next level 2/
Massive step forward in battle against #climatechange.
Transparency and disclosure are key to both
- a #NetZero by 2050 approach
- and an understanding by investors of the #investmentchain.
Progress on #TCFD assists with #COP26 and more 3/
Read 5 tweets

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