FRC

Move follows FRC amendments to FRS 102 as well as changes to legislation and regulation

2026 code reduces reporting burden and includes principles for investment consultants

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

Financial services consultancy becomes latest signatory to code which represents £52.3trn in AUM

Pool joins other LGPS funds and pension schemes as signatories of FRC’s code

Verity Trustees and Now Pensions join LGPS funds in becoming latest signatories

FRC outlines five areas to reduce reporting burdens and drive improved stewardship

PPF, LCP, Scottish Widows and eight LGPS funds among those retaining or joining the FRC membership

Over 20 UK pension schemes authorised to become signatories of the code or renew status

Regulations will create new reporting requirements for large UK companies