Bulk annuity providers neglect UK Stewardship Code

Insurers make errors on if the code applies to them, despite general ESG progress

James Phillips
clock • 2 min read
Bulk annuity providers neglect UK Stewardship Code

Just two of the UK’s eight bulk annuity providers are signed up to the UK Stewardship Code despite progress in other areas of ESG risk mitigation, says Lane Clark and Peacock (LCP).

The consultancy's biennial report found that just Aviva and Scottish Widows were listed as signatories of the code, with the remaining either considering signing up to it or believing there was no need....

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