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The Key to Effective Stewardship

Chris Hall

In its 2023 autumn statement, the previous UK government had set 31 March 2025 as a deadline for the consolidation of LGPS in England and Wales. In the year to 31 March 2023, LPPI reported cumulative savings of £153.2 Deakin is a strong advocate of the code. It also recommended LPPI’s whole-scheme management model.

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Take Five: Ready to Engage

Chris Hall

Proposals to bolster sustainable finance in Europe include recommendations for a new region-wide stewardship code. But there are few telling indicators to be found in the long-awaited 2024 Target Disclosures Report , published this week by the Net Zero Asset Managers (NZAM) initiative.

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A Missed Opportunity

Chris Hall

The concept of assessing what effective stewardship should look like was first introduced by the FCA in 2019 in a joint effort with the Financial Reporting Council (FRC), setting the groundwork which helped define what the minimum expectations should be for financial services firms investing on behalf of clients and beneficiaries.

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The Long Game

Chris Hall

In 2015, the group also submitted its first application to the Financial Reporting Council’s (FRC) UK Stewardship Code. “An An approved Stewardship Code status is basically a baseline entry to pitch for institutional business around responsible investment,” Crossman explained.

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Take Five: Policy and Power

Chris Hall

Story time – The halfway point of the calendar year brings forth a stream of impact and sustainability reports from asset managers and owners, particularly in the UK, as signatories also comply with their obligations under the Stewardship Code. Sounds familiar? That’s because it is.

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Stewardship Dialogue Must be Ongoing – FCA

Chris Hall

DP23/1, released in February, focused on the capabilities needed by FCA-regulated firms to support both economy-wide transition to net zero and sustainable business models more broadly. We want to continue to engage actively on these topics.”

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Phoenix Champions Human Rights Stewardship

Chris Hall

Asset owner makes progress on climate and asset manager information-sharing in first year as Stewardship Code signatory. Last year, Phoenix also became a signatory of the Financial Reporting Council’s UK Stewardship Code. Piani described the code as being “pivotal” to the development of the firm’s engagement strategy. “It