Schemes urged to set voting policy or expression of wish

Explicit demand on manager votes should boost scheme voices at AGMs, says taskforce

James Phillips
clock • 3 min read
Schemes urged to set voting policy or expression of wish

Pension schemes should set clear voting policies for their asset managers who, in turn, should offer asset owners the option of an “expression of wish”, a government-backed taskforce has recommended.

The Financial Conduct Authority (FCA) is also being urged to clarify via, for example, guidance that no breach of fund rules would occur when acting on an expression of wish.   The regulator sho...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Investment

Chancellor's Mansion House speech – Five possible areas for pension reform

Chancellor's Mansion House speech – Five possible areas for pension reform

Broadstone says the speech could mark a ‘turning point’ for the pensions industry

Professional Pensions
clock 12 November 2024 • 3 min read
Chancellor urged to zero in on DB surpluses in first Mansion House speech

Chancellor urged to zero in on DB surpluses in first Mansion House speech

Industry says Reeves must ensure speech is not a ‘missed opportunity’ for UK economic growth

Martin Richmond
clock 11 November 2024 • 9 min read
Fulcrum set to launch diversified private markets LTAF

Fulcrum set to launch diversified private markets LTAF

Fulcrum launches second diversified private markets LTAF in association with Waystone

Jonathan Stapleton
clock 11 November 2024 • 3 min read
Trustpilot