Manufacturers oppose plans for 50% MNT requirement - EXCLUSIVE

clock

The vast majority of manufacturers are opposed to government plans which would legally require half of trustees to be member-nominated, an exclusive EEF poll reveals.

The poll of 15 members of the employers organisation found that while all were happy to accommodate a third or more MNTs on their boards, moves to make a 50pc contingent legally binding were not we...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Regulation

Two in five schemes yet to engage with general code

Two in five schemes yet to engage with general code

LCP finds almost half have completed a gap analysis but several have only ‘briefly’ looked at code

Jasmine Urquhart
clock 26 January 2024 • 2 min read
TPR: Imperative for industry to grasp opportunity of regulatory changes

TPR: Imperative for industry to grasp opportunity of regulatory changes

Regulator urges industry to drive consolidation for the benefit of savers

Martin Richmond
clock 24 November 2023 • 3 min read
Paul Maynard: Member outcomes, investment and consolidation are priorities

Paul Maynard: Member outcomes, investment and consolidation are priorities

New pensions minister delivers his inaugural speech at the PP Investment Conference

Jasmine Urquhart
clock 23 November 2023 • 5 min read
Trustpilot