Source · Select Committees · Work and Pensions Committee
Recommendation 11
11
Work with the FCA to review effective implementation of LDI fund guidance for trustee monitoring.
Recommendation
To play their part in monitoring LDI, trustees need timely and accurate information from LDI funds and advisers. We welcome the fact that the FCA issued guidance on this in April. TPR should work with the FCA to review whether the guidance the FCA issued to LDI funds in April has been implemented effectively and is providing trustees with the simple mechanism for monitoring LDI that the FPC said was needed. (Paragraph 108) Managing system risks
Government Response
A response document is linked to this report, dated 20 November 2023. Response attribution to this conclusion has not been verified. Read the response document ↗