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44668
registered interest false more like this
date less than 2014-03-24more like thismore than 2014-03-24
answering body
Department for Communities and Local Government more like this
answering dept id 7 more like this
answering dept short name Communities and Local Government more like this
answering dept sort name Communities and Local Government more like this
house id 1 remove filter
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Communities and Local Government, what steps he is taking to encourage local authority pension funds to become signatories to the Stewardship Code. more like this
tabling member constituency Wolverhampton South West more like this
tabling member printed
Paul Uppal more like this
uin 193480 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-03more like thismore than 2014-04-03
answer text <p> </p><p>Each local authority that administers a pension fund is already subject to statutory guidance that states that it should recognise the Financial Reporting Council's Stewardship Code and ensure that the Code is adopted by their fund managers, investment consultants and advisers. The guidance also states that the authority should include a statement of its policy on responsible ownership in its statement of the principles governing its investment decisions and report periodically to scheme members on the implementation of the policy. Sixteen of the eighty nine local government pension funds in England and Wales are themselves signatories to the Stewardship Code as asset owners.</p><p> </p> more like this
answering member constituency Great Yarmouth remove filter
answering member printed Brandon Lewis more like this
grouped question UIN 193481 more like this
question first answered
remove filter
answering member
4009
label Biography information for Sir Brandon Lewis more like this
tabling member
4078
label Biography information for Paul Uppal more like this