GAPP confirms plans for ESG framework
The Guernsey Association of Pension Providers (GAPP) is continuing its leadership in the international retirement and saving plans space by announcing plans to work on an Environmental, Social and Governance (ESG) framework for its members. GAPP President Stephen Ainsworth said the move was in response to indications that more members would welcome guidance on the growing emphasis on ESG issues for pension plans. Although there is no fixed timescale for its release, as GAPP wants to ensure enough time is spent getting the framework right, there is a hope that it can be published around mid-2022.