Asset managers urged to give schemes more voting control

More transparency and action urged in letter from Guy Opperman and stewardship group

James Phillips
clock • 3 min read
Asset managers urged to give schemes more voting control

Asset managers need to give pension funds more say on how their votes should be cast at annual general meetings (AGMs), the pensions and financial inclusion minister says.

In a letter to 44 asset managers, Guy Opperman said asset managers should allow investors in pooled funds to make expressions of wishes regarding their voting preferences. They should also sign up to...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Risk Reduction

L&G agrees £75m buy-in with Triplex Lloyd scheme

L&G agrees £75m buy-in with Triplex Lloyd scheme

Second deal for two-section scheme sees all members’ benefits now insured

James Phillips
clock 27 January 2022 • 2 min read
Just completes largest ever deal in £345m buy-in

Just completes largest ever deal in £345m buy-in

Deferred-heavy deal completed at the end of 2021 in midst of ‘intense market’ conditions

James Phillips
clock 21 January 2022 • 1 min read
PIC and IMI agree fifth buy-in in £250m deal

PIC and IMI agree fifth buy-in in £250m deal

Around 1,200 members were covered by the deal, with 80% of scheme now insured

James Phillips
clock 21 January 2022 • 2 min read
Trustpilot