This webinar will discuss transition planning for pension schemes and the problems this highlights. David Russell will present the work and recommendations of the UK鈥檚 Transition Plan Taskforce for corporate plans.
He will then be joined by Bobby Riddaway and Mark Manning to debate the approaches pension schemes can take. That includes developing the role of pension schemes as investors in the real economy and supporters of government borrowing. The session will end up discussing the proposed 鈥楾ransition Planning Code鈥 which could enable pension schemes and their advisers to create transition plans.
The UK government committed to mandating 鈥淯K-regulated financial institutions (including banks, asset managers, pension funds and insurers) and FTSE 100 companies to develop and implement credible transition plans that align with the 1.5掳C goal of the Paris Agreement鈥.
The government announced in November 2024 that it would consult in the first half of 2025 on how best to take forward the UK鈥檚 transition plans policy.
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