FMLC – Pension Fund Trustees Fiduciary Duties

Paul Lee

Head of Stewardship & Sustainable Investment Strategy
(Tuesday, Feb, 06, 2024)
|   3 mins

The Financial Markets Law Committee (FMLC) recently released a key paper clarifying the role of pension fund trustees’ fiduciary duties in the context of climate change and broader sustainability matters. This paper is significant as it aims to shift what is understood as best practice for pension trustees, ultimately making it easier for trustees to integrate climate change considerations into their decisions with their advisers.

Recognising its importance, Paul Lee, Head of Stewardship & Sustainable Investment Strategy at Redington and a member of the working group behind this project, dives into the report and explains its implications for trustees. Watch his breakdown in our latest Off The Cuff video:

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