AMNT to 'strongly oppose' proposals in Stewardship Code consultation

Body said proposals will benefit fund managers ‘at the expense’ of trustees

Jasmine Urquhart
clock • 1 min read
AMNT to 'strongly oppose' proposals in Stewardship Code consultation

The Association of Member-Nominated Trustees (AMNT) will “strongly oppose” the proposals in the Financial Reporting Council’s UK Stewardship Code.

The body said it had "extreme concern" about the proposals, including Principle 6 that will change wording to place trustees' legal stewardship responsibilities with beneficiaries, which the AMNT s...

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