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UK Regulator Advises Pension Funds to Seek Expert Help on Climate

Guidance offered to trustees on ‘new and daunting’ climate-related reporting requirements.

The Pensions Regulator (TPR) has issued its final guidance to UK pension scheme trustees of managing climate risk, stating that trustees may need to get expert outside advice. “Trustees must take responsibility for ensuring their advisers have the appropriate skills and expertise and the advice they offer is relevant, helpful…

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