FRC

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.

More than 90% of institutional investors now vote on shares they hold in UK companies due to increasing adherence to the UK Stewardship Code, a survey reveals.

The Financial Reporting Council wants to boost the strength of the UK Stewardship Code by monitoring the quality of communication between companies and shareholders.