Making green investments, particularly in infrastructure, can be complex and costly. Larger schemes are usually better placed to meet those costs and to provide the high level of scheme governance required. We welcome the intent of the Department for Work and Pensions and the Pensions Regulator in encouraging scheme consolidation. We recommend that the Pensions Regulator report annually on the progress made to consolidate schemes within its existing research and analysis publications.

Making green investments, particularly in infrastructure, can be complex and costly. Larger schemes are usually better placed to meet those costs and to provide the high level of scheme governance required. We welcome the intent of the Department for Work and Pensions and the Pensions Regulator in encouraging scheme consolidation. We recommend that the Pensions Regulator report annually on the progress made to consolidate schemes within its existing research and analysis publications. Type: recommendation | Number: 8 | Paragraph: 34 | Response status: under_consideration Government response: Annual reporting on the progress made to consolidate schemes is already available. The Pensions Regulator DC trust scheme return data26 and the Purple Book published by the Pension Protection Fund on DB schemes27 provides year on year breakdowns of the number of schemes in existence, showing how the