Pensions Aspects Magazine
![The Pensions Regulator’s Climate Change Strategy - some key comments and next steps](https://www.pensions-pmi.org.uk/media/35ee0bxi/pg31.jpg?anchor=center&mode=crop&width=860&height=860&rnd=132664326074130000)
The Pensions Regulator’s Climate Change Strategy - some key comments and next steps
On 7 April 2021 The Pensions Regulator (TPR) published its Climate Change Strategy, including its approach to the trustee requirement for Statement of Investment Principles (SIPs) to include an Implementation Statement by 1 October 2021. Considered below are some of the key extracts from the Strategy, together with a practical summary of related SIPs and Implementation Statement requirements.
Read more![Professional Trustee Accreditation – a must have!](https://www.pensions-pmi.org.uk/media/e5ghvtee/pg33.jpg?anchor=center&mode=crop&width=820&height=820&rnd=132664970955270000)
Professional Trustee Accreditation – a must have!
Having been in the consulting business for over 30 years, it was a natural switch to join the ranks of Professional Trustees. However, it was clear to me that whilst being a Fellow of the PMI (FPMI) felt like it should be enough, the world had moved on and the role involved taking responsibility directly for real people’s incomes in retirement. It seemed, therefore, entirely logical to look at what additional publicly acknowledged qualification would support me in my new world.
Read more![How should trustees respond to a distressed employer and weaker covenant?](https://www.pensions-pmi.org.uk/media/fbfh51l4/pg34.jpg?anchor=center&mode=crop&width=820&height=820&rnd=132664326121130000)
How should trustees respond to a distressed employer and weaker covenant?
“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” Dialogue from Ernest Hemingway’s 1926 novel, The Sun Also Rises.
Read more![Faced with a struggling sponsor: what next?](https://www.pensions-pmi.org.uk/media/dcpmjusj/pg36.jpg?anchor=center&mode=crop&width=820&height=820&rnd=132664326205500000)
Faced with a struggling sponsor: what next?
The COVID-19 pandemic has led to the most extraordinary trading conditions for many businesses across the globe. Whilst the enforced changes to consumer and business habits and behaviours have thrown up some winners, once government support packages and legal protections gradually come to an end, many businesses are likely to face a battle to resume trading and, ultimately, survive.
Read more![Act now to protect savers from climate risk](https://www.pensions-pmi.org.uk/media/icffgs0t/pg37.jpg?center=0.55550328030355423,0.46884879879670588&mode=crop&width=820&height=820&rnd=132672015949500000)
Act now to protect savers from climate risk
Climate change has the potential to de-stabilise the social and economic conditions on which we depend for our pensions system. David Fairs outlines how The Pensions Regulator’s (TPR’s) Climate Change Strategy aims to drive trustees to integrate consideration of climate change right across their decision-making and act on the risks and opportunities so that savers are better protected.
Read more![Influencing for good: responsible investing in 2020](https://www.pensions-pmi.org.uk/media/iqlp23ye/pg18.jpg?anchor=center&mode=crop&width=860&height=860&rnd=132664325585300000)
Influencing for good: responsible investing in 2020
2020 was a year none of us could have predicted, as the COVID-19 pandemic changed much about the way we live and work. Yet our commitment to responsible investment at BMO remained as clear as ever. We continued to allocate our capital responsibly and engage companies on environmental, social and governance (ESG) issues, reflecting our corporate purpose of boldly growing the good in business and in life.
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