Posted on: June 18th, 2018
This morning, 18 June 2018, the Government published its final response to the 2017 Law Commission report on pension funds and social investment. The following information was published today by UKSIF (whilst I was working on our MiFID2 response*!):
This is hugely significant news which is likely to provide a huge boost for responsible investors in the UK. It represents a big win for UKSIF, our members and everyone in the responsible investment sector who has been campaigning on this issue over the past five years and longer.”
I would like to thank UKSIF for both its hard work in this area and also for circulating today’s update. This has been a major piece of work and indeed is a big win for our sector.
My involvement in this was earlier in the process and I am delighted that the linked PFS guide references our Fund EcoMarket tool (as did the earlier government report) – as I had a number of meetings with contributors to the government report.
Next stop (for those who are interested!) please respond to MiFID2 consultation by 21 June 2018, this is a further major ESG / SRI milestone!
*see previous blog.