Pensions chairman surprised at preparedness findings

By Dan Peters | 01 July 2021

The chairman of the Local Government Pension Scheme (LGPS) advisory board has expressed surprise at a survey that found most funds unprepared for a major change.

LGPS funds expect to have to implement climate-related financial disclosure rules based on reporting guidelines from an international taskforce after chancellor Rishi Sunak announced the UK’s intention to make them mandatory across the economy by 2025.

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