Returns at risk if DCs fail to incorporate climate in default strategies, UK actuarial body warns

IFoA warns of growing risk of climate litigation in a ‘call to action’ to defined contribution schemes and advisors

The Institute and Faculty of Actuaries (IFoA), the international professional body for actuaries, has warned UK-based defined contribution (DC) schemes that failing to factor climate change into default strategies could hurt returns and leave them exposed to litigation.

In recentl…

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