Transition Plan Taskforce

The Transition Plan Taskforce are producing guidance for preparers and users of climate transition plans, including Asset Managers and Asset Owners. More details can be found here.

MSCI/AREF Property Fund Index changes for Q1 2024

Impact of Climate Change Initiative

New Affiliate Member - SS&C Technologies

New Affiliate Member - Vistra

Reserved Investor Fund

In the Spring Budget 2024, the Government published its response to the consultation on the proposed introduction of an unauthorised co-ownership contractual scheme, the Reserved Investor Fund (RIF). AREF is delighted that the Government will begin to legislate for the RIF in the Spring 2024 Finance Bill. The Government is planning to engage further with stakeholders on the policy design for the RIF, particularly the tax rules.

Basel Committee - Disclosure of climate-related financial risks

AREF has responded to the consultation from the Basel Committee on Banking Supervision on the Disclosure of climate-related financial risks

Construction Industry Scheme

Find out here more about the legislative changes the Government are making from 6 April 2024 to reform the Construction Industry Scheme.

ELTIFs

Find out more about the review of the ELTIF regulations here

2023 AREF GRESB Performance

AREF member funds outperformed the UK GRESB benchmark in 2023 by 3 percentage points with a score of 76%.

Transparency of land ownership involving trusts

The UK Government have consulted on improving transparency of land ownership when trusts are involved in the ownership structure. AREF responded to this consultation. More details can be found here.

FCA – Sustainability Disclosure Requirements (SDR) and investment labels

Find out more here about Sustainability Disclosure Requirements (SDR) and investment labels.

CEO Update from Paul Richards - Jan 2024

FCA - Guidance on the Anti-Greenwashing rule

AREF responded to the FCA's consultation on their guidance for their anti-greenwashing rule. More details can be found here.

Enabling DC pension schemes to invest in illiquid assets

Find out more here about the Government's work to enable DC pension schemes to invest in illiquid assets. Also, there are links to guidance from TPR and cases studies from PLSA which supports this and AREF's own lobbying to the Government on this matter.

Building Safety Levy

The Government are implementing a Building Safety Levy. Click here for more details.

The Global Real Estate DEI Survey

ESG Metrics for Real Estate

The proposals within the paper on ESG Metrics for Real Estate have been updated in January 2024.

Sustainable finance and climate change disclosures

Find out more about the policy work being undertaken by governments, regulators and standard setting bodies in relation to sustainable finance and climate-related disclosures.

PRA - Reforms to Matching Adjustment

AREF, along with BPF, IPF and INREV responded to PRA consultation on reforms to the Matching Adjustment. More details can be found by clicking here.

Load more