FRC

Increased public interest in shareholder activism following the financial crisis has increased pressure on trustees to give members more information on stewardship, Aviva Investors warns.

An influential group of UK pension funds have written to the Financial Reporting Council supporting the Stewardship Code for investors.

PricewaterhouseCoopers has been forced to undertake an exhaustive review of its client base after the Financial Reporting Council discovered it was acting as auditor to a company while providing actuarial services to its defined benefit pension scheme....

The Financial Reporting Council has published the first Stewardship Code for institutional investors in a bid to improve their level of engagement with companies.

Directors of FTSE350 companies will face annual re-elections as part of the Financial Reporting Council's clampdown on corporate governance.