UK - A proposal to require fund managers and even trustees to intervene in the corporate affairs of investee companies is ill advised, says the Association of Chartered Certified Accountants (ACCA).
Responding to the Government's proposals for implementing the Myners report, ACCA says that it will be unreasonable to impose on institutional investors a legal duty to intervene in a company's man...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
