AMNT to 'strongly oppose' proposals in Stewardship Code consultation

Body said proposals will benefit fund managers ‘at the expense’ of trustees

Jasmine Urquhart
clock • 1 min read
AMNT to 'strongly oppose' proposals in Stewardship Code consultation

The Association of Member-Nominated Trustees (AMNT) will “strongly oppose” the proposals in the Financial Reporting Council’s UK Stewardship Code.

The body said it had "extreme concern" about the proposals, including Principle 6 that will change wording to place trustees' legal stewardship responsibilities with beneficiaries, which the AMNT s...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Buzz: Will a Mansion House Compact II be a positive step forward for DC schemes?

Buzz: Will a Mansion House Compact II be a positive step forward for DC schemes?

Mansion House Compact II, dashboards ecosystem connection, and MAIA framework

Professional Pensions
clock 22 April 2025 • 1 min read
News Digest: Fall in UK company pension contributions sparks calls for review

News Digest: Fall in UK company pension contributions sparks calls for review

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 22 April 2025 • 1 min read
Industry expects US tariffs to have adverse effect on scheme investments

Industry expects US tariffs to have adverse effect on scheme investments

PP survey finds 76% expect US government’s tariffs to have an adverse effect

Martin Richmond
clock 17 April 2025 • 2 min read
Trustpilot