UK - A government recommendation that would compel investors to publish voting records could lead to a drop in corporate voting, a consultant claims.
Financial services consultancy Beachcroft Wansbroughs Consulting believes the Company Law Review Steering Group recommendation could be an “own goal” for the government.
The government proposal is aimed at preventing fund managers having a conflict of interest in corporate ballots.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point