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44669
star this property registered interest false more like this
star this property date less than 2014-03-24more like thismore than 2014-03-24
star this property answering body
Department for Communities and Local Government more like this
star this property answering dept id 7 more like this
unstar this property answering dept short name Communities and Local Government remove filter
star this property answering dept sort name Communities and Local Government more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property 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 active owners or stewards of their assets as defined in the Financial Reporting Council's Stewardship Code. more like this
star this property tabling member constituency Wolverhampton South West more like this
star this property tabling member printed
Paul Uppal more like this
star this property uin 193481 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property 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
star this property answering member constituency Great Yarmouth more like this
unstar this property answering member printed Brandon Lewis more like this
star this property grouped question UIN 193480 remove filter
star this property question first answered
less than 2014-04-03T12:00:00.00Zmore like thismore than 2014-04-03T12:00:00.00Z
unstar this property answering member
4009
star this property label Biography information for Sir Brandon Lewis more like this
star this property tabling member
4078
unstar this property label Biography information for Paul Uppal more like this