Asset managers must begin publishing engagement policies for investee companies in a bid to improve stewardship, transparency, and stakeholder relationships.
The final plans revealed by the Financial Conduct Authority (FCA) today (31 May), are also aimed at addressing "short termism and insufficient engagement by shareholders" with the asset management industry....
As both centre-left and centre-right political think tanks agree on the need for a pensions commission, Gregg McClymont says this could provide a refreshed model for future pensions policy.
Investment managers are much more transparent on their stewardship approaches, but it remains important for there to be an ongoing dialogue with trustees. Kim Kaveh explores the findings.
The government must take advantage of its majority to push through further reforms to auto-enrolment, says James Phillips.
Nearly two-thirds of this week’s 133 Pensions Buzz respondents believe the introduction of simpler and standardised annual benefit statements will help more members engage with their pension.
HM Treasury intends to give tax relief worth hundreds of millions of pounds to those earning over £110,000, it is being reported.