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.
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.