The hon. Gentleman is making some very good points that I would like to add to as someone who has dealt with many of our country’s pension funds. There is a disconnect between what the pensioners and the trustees believe: they would like to see much more investment in climate change initiatives and funds, but most of our pension funds are advised by a handful of consultants who are often a blockage to investment in, for example, ESG—environmental, social and governance—funds. Does he have any thoughts as to how we unblock the consultants aspect of this?
Pension Schemes Bill [Lords]
Proceeding contribution from
Gareth Davies
(Conservative)
in the House of Commons on Wednesday, 7 October 2020.
It occurred during Debate on bills on Pension Schemes Bill [Lords].
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681 c939Session
2019-21Chamber / Committee
House of Commons chamberSubjects
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2020-10-08 12:59:23 +0100
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