Pension schemes may see the end of stewardship ‘box-ticking’ under new proposals brought forward by the Department for Work and Pensions.

MPs have called on Local Government Pension Scheme funds to mitigate the economic and social risks that a shift to a net-zero economy may have on the communities most affected by the green transition, averting a repeat of the mistakes made during the downturn of industry in the 1980s.

On the go: Master trust Nest has acquired a solar farm in Reading through its partnership with Octopus Renewables, meaning that one in three of the UK’s workforce is invested in the site.

On the go: Ensuring that savers can financially benefit from the savings of small pots consolidation is a “big question for government”, the Pensions and Lifetime Savings Association’s annual conference heard on Thursday.

The Pensions Dashboards Programme will launch new research into how data will be displayed, after concerns around the ability of schemes to supply estimated retirement income figures were raised by industry in a response to a call for input.

On the go: Member-nominated trustees have “nothing to fear” from the Pensions Regulator’s newly introduced criminal sanctions, chair Sarah Smart told the Pensions and Lifetime Savings Association’s annual conference.

On the go: Managing climate change is now “business as usual” for pension funds, while other factors surrounding political instability have diminished in importance, Tim Manuel, co-head of responsible investment at Aon, told the Pensions and Lifetime Savings Association’s annual conference.

On the go: Private markets offer schemes access to transactions that will facilitate the transition to a green economy, but staying ahead of the regulatory curve is vital to achieving success within the space, the Pensions and Lifetime Savings Association’s annual conference has heard. 

On the go: A stronger guidance nudge may be needed to increase the number of savers using the Pension Wise service, but it may not be enough to drive a significant uptake or deliver the right kind of engagement, the Pensions and Lifetime Savings Association’s annual conference has heard.

On the go: An overwhelming number of large UK pension schemes are yet to make net-zero commitments ahead of the COP26 summit, pensions campaign group Make My Money Matter has revealed.