Report
Pension Schemes Bill Report Stage - ShareAction Amendment
We encourage MPs of all parties to add their name to amendment NC17, and speak in support of it at the debate.
Clarification of pension schemes’ fiduciary duties via amendment NC17 would support improved outcomes for UK pension savers and boost investment in UK growth. It would also support investment by pension schemes in housing, decarbonisation, regeneration, education and care – all matters raised by MPs in earlier debates.
This amendment would reduce the likelihood of needing to invoke Government’s proposed power to set asset allocation targets on pension schemes, which has raised concerns in earlier stages.