Hogan Lovells

Key Dates

Amendment to Pension Schemes Bill issued on 11 February 2020.

Grand Committee stage in the House of Lords starts on 24 February 2020.


The government has put forward a new clause to the Pension Schemes Bill concerning climate change risk. The new clause is not yet part of the Bill – it is one of many amendments to be discussed in Committee, starting on 24 February – but, being a government amendment we can expect it to be passed.

New sections 41A – 41C will be inserted in the Pensions Act 1995, with the following effects.

Effective governance



Date Accessed: 03/12/2021