Louise Pryor, IFoA President, will chair this free-to-view session, in which Alex Darsley, TPR, Actuarial Regulatory Policy, will be discussing the regulator’s Climate Change Guidance Consultation, which is seeking views on new guidance designed to help trustees meet tougher standards of governance in relation to climate change risks and opportunities. Joining Louise and Alex is Amanda Latham, a Member of the IFoA’s Sustainability Board.
The consultation, which ends on 31 August, also includes the publication of TPR’s monetary penalties policy (MPP), which outlines its approach to imposing penalties for non-compliance.
From 1 October, trustees of certain schemes face new requirements intended to improve the quality of governance and reporting as they address climate-related risks and opportunities. The new guidance describes what trustees will need to do and report on in order to comply with the new legislation.
Alex Darsley, TPR, Actuarial Regulatory Policy
Alex is a Consulting Actuary with over 14 years of experience in the pensions industry. Currently at 'The Pensions Regulator' supporting engagement with schemes and policy work, his special interest lies in the impact of ESG and climate change risk on pension schemes.
Amanda Latham – Associate and Policy & Strategy Lead, Barnett Waddingham
Amanda works with stakeholders from across the firm to develop Barnett Waddingham’s views and policies on key policy priorities. She was formerly at The Pensions Regulator (TPR) for nearly 9 years working across a number of policy areas including trustee governance and sustainable investment. Prior to this, Amanda has held positions at a number of well-known organisations, including specialised roles at the British Medical Association and the Environment Agency.
Amanda is a member of BW’s Sustainable Investment Team. She also sits on the Pensions Climate Risk Industry Group (PCRIG), a cross-industry group that has produced guidance for pension schemes on how they can adopt the Taskforce for Climate-related Financial Disclosures (TCFD) recommendations on climate governance and disclosure. Amanda chairs the Stewardship workstream of the Investment Consultants Sustainability Working Group (ICSWG), collaboration between 19 consulting firms taking action to improve sustainable investment practices across the industry.
Amanda is a (non-actuary) member of the Institute and Faculty of Actuaries (IFoA) Sustainability Board, providing a diverse view with a focus on the policy and regulation portfolio. She is also a charity trustee and currently holds the role of Vice Chair on the board of Age UK in West Sussex, Brighton & Hove.
Chair: Louise Pryor, IFoA President
Louise Pryor has had a varied career as an actuary, academic, software development manager, and risk consultant. She has practiced as an independent consultant in the areas of software risk and sustainability and has worked on financial modelling for social security and pensions reform in a number of emerging economies. Dr. Pryor is Chair of the London Climate Change Partnership, a Director of the Ecology Building Society, and an Honorary Professor at UCL’s Bartlett School of Sustainable Construction.
Contact Niki Park for more information.
020 7632 2152