Schemes urged to set voting policy or expression of wish

Explicit demand on manager votes should boost scheme voices at AGMs, says taskforce

James Phillips
clock • 3 min read
Schemes urged to set voting policy or expression of wish

Pension schemes should set clear voting policies for their asset managers who, in turn, should offer asset owners the option of an “expression of wish”, a government-backed taskforce has recommended.

The Financial Conduct Authority (FCA) is also being urged to clarify via, for example, guidance that no breach of fund rules would occur when acting on an expression of wish. The regulator should...

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