Consulting on a revised UK Stewardship Code

Published: 28 January 2019

Response deadline: 29 March 2019

Consultation document
Links to PDFs open in new tabs
Title Consulting on a revised UK Stewardship Code
Format pdf, 504.8 KB
The FRC has now published The UK Stewardship Code 2020.
The FRC published a consultation on the revisions to the UK Stewardship Code on 30 January 2019. It closed on 29 March 2019 and we received more than 110 responses.

The Feedback Statement provides an analysis of the responses received to the consultation questions and the feedback from engagement with stakeholders during and after the consultation period. It explains how the FRC has considered and addressed the feedback and how it will implement the Code.

The FRC and the Financial Conduct Authority (FCA) have also published a discussion paper Building an effective regulatory framework for stewardship (PDF). The paper aims to advance the discussion about what effective stewardship should look like, expectations for financial services firms, and how this can be best supported by the UK’s regulatory framework.
Responses received
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Title Annex A: Proposed Revisions to the UK Stewardship Code - Revised UK Stewardship Code
Format pdf, 438.5 KB
Title Annex B: Proposed Revisions to the UK Stewardship Code - Summary of Changes
Format pdf, 334.9 KB
Title Aberdeen Standard Investments
Format pdf, 230.9 KB
Title Adams, Professor
Format pdf, 213.5 KB
Title Aldersgate Group
Format pdf, 259.0 KB
Title Allianz Global Investors
Format pdf, 207.5 KB
Title Aon
Format pdf, 118.8 KB
Title Association of International Certified Professional Accountants (AICPA)
Format pdf, 380.3 KB
Title Association of Investment Companies (AIC)
Format pdf, 78.0 KB
Title Association of Member Nominated Trustees (AMNT)
Format pdf, 367.9 KB
Title Association of Pension Lawyers (APL)
Format pdf, 358.5 KB
Title Aviva Investors
Format pdf, 756.2 KB
Title AXA Investment Managers
Format pdf, 185.4 KB
Title Baillie Gifford
Format pdf, 347.1 KB
Title Black Sun plc
Format pdf, 699.7 KB
Title BlackRock Asset Management
Format pdf, 104.9 KB
Title Border to Coast Pensions Partnership
Format pdf, 375.5 KB
Title Brewin Dolphin
Format pdf, 252.5 KB
Title British Columbia Investment Management Corporation (BCI)
Format pdf, 752.7 KB
Title British Private Equity and Venture Capital Association (BVCA)
Format pdf, 192.3 KB
Title Brunel Pension Partnership
Format pdf, 207.8 KB
Title BT Pension Scheme (BTPS)
Format pdf, 182.7 KB
Title Castlefield Partners
Format pdf, 264.8 KB
Title CFA Society
Format pdf, 250.2 KB
Title Charles Stanley & Co ltd
Format pdf, 131.0 KB
Title Chartered Institute of Personnel and Development (CIPD)
Format pdf, 194.2 KB
Title Chiu, Dr & Katelouzou, Dr
Format pdf, 310.7 KB
Title Church Commissioners and Church of England Pension Board
Format pdf, 332.0 KB
Title City of London Law Society (Company Law Committee)
Format pdf, 112.0 KB
Title ClientEarth
Format pdf, 254.9 KB
Title D.F.King ltd
Format pdf, 382.5 KB
Title Edmans, Professor
Format pdf, 206.2 KB
Title Ernst & Young (EY)
Format pdf, 84.2 KB
Title First State Investments
Format pdf, 220.3 KB
Title Focusing Capital on the Long Term Global (FCLT)
Format pdf, 170.6 KB
Title GC100
Format pdf, 497.6 KB
Title Godfrey, D
Format pdf, 14.2 KB
Title Gontsian, S
Format pdf, 109.8 KB
Title Grant Thornton
Format pdf, 204.9 KB
Title Green Finance Initiative (GFI)
Format pdf, 258.1 KB
Title Hampton-Alexander Review
Format pdf, 252.8 KB
Title Hermes Investment Management
Format pdf, 431.1 KB
Title High Pay Centre
Format pdf, 119.7 KB
Title House of Commons Environmental Audit Committee
Format pdf, 89.1 KB
Title Hymans Robertson LLP
Format pdf, 225.2 KB
Format pdf, 210.1 KB
Title ICAS
Format pdf, 105.0 KB
Title ICMA Asset Management and Investors Council
Format pdf, 161.2 KB
Title ICSA - The Governance Institute
Format pdf, 111.2 KB
Title Implementation Taskforce on Social Impact Investment
Format pdf, 363.9 KB
Title Institute of Business Ethics
Format pdf, 227.0 KB
Title Institute of Directors (IoD)
Format pdf, 287.3 KB
Title Institute of Risk Management (IRM)
Format pdf, 302.6 KB
Title Institute of Occupational Safety & Health (IOSH)
Format pdf, 228.3 KB
Title International Corporate Governance Network (ICGN)
Format pdf, 294.7 KB
Title Invesco
Format pdf, 187.9 KB
Title Investec Asset Management
Format pdf, 195.5 KB
Title Investment Association (IA)
Format pdf, 1018.2 KB
Title Investor Forum
Format pdf, 451.6 KB
Title Investor Relations Society
Format pdf, 234.4 KB
Title Jupiter Asset Management
Format pdf, 457.2 KB
Title Kames Capital
Format pdf, 223.8 KB
Format pdf, 97.2 KB
Title Lane Clark & Peacock LLP
Format pdf, 58.3 KB
Title Legal and General Investment Management (LGIM)
Format pdf, 154.1 KB
Title LGPS Central ltd
Format pdf, 839.2 KB
Title Lindsell Train ltd
Format pdf, 60.5 KB
Title Local Pensions Partnership (LPP)
Format pdf, 146.0 KB
Title M&G Investment Management
Format pdf, 188.6 KB
Title Mercer
Format pdf, 58.7 KB
Title Merian Global Investors
Format pdf, 201.2 KB
Title Minerva Analytics ltd
Format pdf, 148.9 KB
Title National Employment Savings Trust Corporation (NEST)
Format pdf, 70.1 KB
Title Northern Ireland Local Government Officers' Superannuation Committee
Format pdf, 1021.4 KB
Title Oldfield Partners
Format pdf, 119.5 KB
Title Pension and Lifetime Savings Association (PLSA)
Format pdf, 360.5 KB
Title Principles for Responsible Investment (PRI)
Format pdf, 369.8 KB
Title PwC
Format pdf, 171.6 KB
Title Quoted Companies Alliance (QCA)
Format pdf, 774.3 KB
Title Royal London
Format pdf, 157.6 KB
Title RPMI Railpen
Format pdf, 256.5 KB
Title SAUL Trustee Company
Format pdf, 291.7 KB
Title Schroders Investment Management
Format pdf, 217.3 KB
Title Sergakis, Dr
Format pdf, 192.7 KB
Title ShareAction
Format pdf, 589.5 KB
Title ShareSoc & UK Shareholders' Association (UKSA)
Format pdf, 897.8 KB
Title Smart Pension
Format pdf, 131.1 KB
Title State Street Global Advisors
Format pdf, 236.9 KB
Title The 100 Group
Format pdf, 3.5 MB
Title The Law Society
Format pdf, 200.1 KB
Title The Pensions Regulator
Format pdf, 176.0 KB
Title The Purposeful Company
Format pdf, 717.4 KB
Title Tomorrow's Company
Format pdf, 126.3 KB
Title Trades Union Congress (TUC)
Format pdf, 278.9 KB
Title UK Sustainable Investment and Finance Association (UKSIF)
Format pdf, 497.7 KB
Title Universities Superannuation Scheme (USS)
Format pdf, 535.4 KB
Title Vanguard
Format pdf, 83.0 KB
Title Vigeo Eiris
Format pdf, 221.0 KB
Title Commonwealth Association of Architects
Format pdf, 85.0 KB
Title Gershon, Sir Peter
Format pdf, 698.6 KB
Title BMO Global Asset Management
Format pdf, 223.3 KB
Title Local Authority Pension Fund Forum
Format pdf, 381.9 KB
Title Pensions & Investment Research Consultants Ltd
Format pdf, 125.8 KB
Title Business, Energy and Industrial Strategy Committee
Format pdf, 281.4 KB
Title Corporate Stewardship Code 2020 Feedback Statement
Format pdf, 544.4 KB

Consultation status: closed