FRC

The Financial Reporting Council has published a draft revision of the standard governing investment return assumptions used to calculate Statutory Money Purchase Illustrations.

The Financial Reporting Council has announced the membership of its newly-formed regulatory committee, the Actuarial Council.

The UK Sustainable Investment and Finance Association has called on The Pensions Regulator to "encourage" pension funds to adopt the UK Stewardship Code.

The Financial Reporting Council has started a consultation which could change the definition of stewardship in the UK.

Pensions minister Steve Webb has ruled out calls to include membership of the UK Stewardship Code as a legal requirement for qualifying auto-enrolment schemes.

Shareholders will be given more powers to hold companies to account under plans outlined yesterday by the business secretary.

Schemes and consultants have expressed serious concerns about plans to implement Solvency II-style rules across the European Union.

The Financial Reporting Council has published a list of questions to help trustees understand and challenge the advice they receive from actuaries.

NEST has signed up to the United Nations Principles for Responsible Investing in a bid to boost long term investing and good corporate governance.

Onerous pension accounting and regulatory standards could be driving funds to take a shorter-term view on investments, undercutting responsible ownership, delegates heard.