The Financial Reporting Council is set to encourage fund managers to avoid conflicts of interest and pursue more collective engagement to boost stewardship standards.
A year on from the launch of its Stewardship Code, the FRC said conflicts of interest still beset fund managers preventing many from being good stewards. It said that it would also encourage more collective...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.