Kay attacks 'misaligned incentives' of asset managers

clock

Professor John Kay has given the strongest indication yet that he will advise the government to intervene in the structure of the asset management industry.

Kay (pictured) told the audience at the launch of FairPensions' report into fiduciary duty that there is a problem with asset managers' incentives. He said: "We have a particular problem with th...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Corporate Governance

PensionBee highlights pension saver demand for shareholder resolutions

PensionBee highlights pension saver demand for shareholder resolutions

Two-thirds think voting against re-election of directors is an effective way to communicate

Jasmine Urquhart
clock 03 April 2024 • 1 min read
TPR sets 90% scope 1 and 2 net zero target for 2030

TPR sets 90% scope 1 and 2 net zero target for 2030

Gas, electricity, business travel, water and waste emissions to be reduced in short term

Jasmine Urquhart
clock 02 April 2024 • 1 min read
Railpen updates 2024 voting policy

Railpen updates 2024 voting policy

Supplier payments, climate disclosures, minority shareholders prioritised for upcoming season

Jasmine Urquhart
clock 12 December 2023 • 4 min read
Trustpilot