I speak as a former trustee of a local authority pension fund. Much of the correspondence that I received from pension fund members was not about the returns that they received, but about the investments they were in but could not choose to come out of because it was a defined benefits scheme. I appreciate that the review is ongoing, but can the Minister confirm that any review will consider retaining the autonomy of local authorities in deciding not to invest—whether in companies, countries or sectors—for environmental, social and governance reasons?
Financial Services: Mansion House Speech
Proceeding contribution from
Lisa Smart
(Liberal Democrat)
in the House of Commons on Monday, 18 November 2024.
It occurred during Ministerial statement on Financial Services: Mansion House Speech.
Type
Proceeding contribution
Reference
757 c66 
Session
2024-25
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2024-11-21 15:08:35 +0000
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http://hansard.intranet.data.parliament.uk/Commons/2024-11-18/24111833000033
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