Comment on the discontinuation of the Public Register
Commenting on the government’s decision to discontinue the Public Register, Andrew Ninian, Director for Stewardship, Risk and Tax at The Investment Association (IA) said:
“The IA has hosted the Public Register since its inception eight years ago. During this time, it has achieved its intended purpose to embed practices that promote engagement between boards and shareholders, particularly where there has been significant dissent. While the Register will no longer be updated, its objectives will continue to be met through disclosure against the UK Corporate Governance Code and ongoing stewardship activities. We remain committed to supporting effective engagement between companies and their shareholders and to promoting high standards of governance that underpin the UK’s global competitiveness.”
For further information, please contact:
Helen Ayres, Head of Communications: [email protected]
T: +44 (0)20 7269 4620
Sebastian Merrett, Communications Manager: [email protected]
T: +44 7802 449693
IA Press Office: [email protected]
About the Investment Association (IA):
- The IA champions UK investment management, supporting British savers, investors and businesses. Our 250 members manage £10.0 trillion of assets.
- Our mission is to make investment better. Better for clients, so they achieve their financial goals. Better for companies, so they get the capital they need to grow. And better for the economy, so everyone prospers.
- Our purpose is to ensure investment managers are in the best possible position to:
- Build people’s resilience to financial adversity
- Help people achieve their financial aspirations
- Enable people to maintain a decent standard of living as they grow older
- Contribute to economic growth through the efficient allocation of capital.
- The money our members manage is in a wide variety of investment vehicles including authorised investment funds, pension funds and stocks and shares ISAs.
- The UK is the second largest investment management centre in the world after the US, and manages £5.1 trillion in overseas client AUM.
