Active Public Policy

The FCA have published guidance on their anti-greenwashing rule. More details can be found here.

Find out more here about the FCA's Sustainability Disclosure Requirements (SDR) and investment labels regime.

In April 2024, AREF responded to the Government's consultation on the treatment of DB scheme surpluses and a model for a public sector consolidator. This consultation followed on from the Government's call for evidence in 2023 on how DB schemes could use their assets more flexibly. Click here for more details.

AREF, along with BPF, IPF and INREV responded to PRA's consultation on reforms to the Matching Adjustment. In April 2024, the PRA published clarification in respect of the consultation to assist relevant insurance firms to prepare for implementation of the matching adjustment reforms expected in June 2024. More details can be found by clicking here.

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.

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.