New research published by the Finance Innovation Lab has found that UK pension funds have at least £10.5 billion invested in companies which are extracting or burning coal. The findings have been published as the House of Lords continues its scrutiny of the Pensions Schemes Bill , including a proposed amendment supported by cross-party Peers that would require pension funds to divest from thermal coal and support an orderly transition more widely from fossil fuels. The UK’s

The Pension Schemes Bill  is seen by many as the most consequential piece of legislation for pensions in over 20 years with the aim of driving down costs and tackling poor returns for savers. The Bill is now beginning its scrutiny in the House of Lords, and so yesterday we brought together sector experts in Parliament to discuss the opportunity this legislation presents to accelerate the shift of financial flows towards low-carbon and nature-positive investments. The UK pensi

Last year as part of the Digital Markets, Competition and Consumers Bill, cross-party P4P Peers made the case for a very specific and practical change to improve consumer rights: having visibility as to how the rights that come with our savings are being used. When pension schemes or other savers invest in company shares, these confer rights to vote at the AGMs of those companies and any resolutions tabled by shareholders - for example, in relation to reporting climate risk a