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Financials, UK

UK pensions regulator threatens fines in clampdown on schemes’ ESG disclosures

By Alex Janiaud

February 27, 2023
Polar bear on ice floe. Melting iceberg and global warming
Pension schemes in the UK are expected to take climate change into account when making decisions. (Photo: Photocreo/Envato)

The Pensions Regulator is increasing its scrutiny of pension schemes’ compliance with ESG disclosure rules. Pension schemes will be contacted by The Pensions Regulator to confirm that the watchdog is assessing their “scheme returns” – within which they disclose information including the type of scheme they are and their size ...

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