GLOBAL - JPMorgan Investor Services has launched an enhanced global proxy voting service to help investors meet corporate governance responsibilities.
The services will offer clients an intra-day web portal for agenda notifications and voting instructions, online standing instruction maintenance and vote activity reporting, 24-hour customer service and online access to issuer-driven information.
Securities processing executive Jon Divis said the new services would give clients “information at their fingertips and enable them to effectively manage their proxy voting responsibilities online”.
Corporate governance has gained in prominence over recent months following the introduction of the Sarbanes-Oxley Act in the US and the Securities and Exchange Commission's recent decision requiring mutual funds to disclose proxy votes and voting policies.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers