News in brief 26 January 2018

- PLSA publishes Corporate Governance Policy and Voting Guidelines update.

The Pensions and Lifetime Savings Association has published an update to its Corporate Governance Policy and Voting Guideline. The update includes new recommendations encouraging pension funds to use their vote against directors who are not ensuring that their business models limit the risks to climate change. The policy also provides practical advice on how to approach common governance issues.

- Trafalgar House awarded Investor in Customers Gold Standard award.

Pensions administration specialist, Trafalgar House, has been awarded an Investor in Customers Gold Award, the highest accolade available. Investor in Customers managing director Tony Barritt commented: “Operating in a sector not always associated with customer centricity, Trafalgar House have clearly shown the benefits that can be achieved through focusing on the needs of customers and ensuring that employees at all levels are engaged and motivated to putting customers first.”

- Union Investment launches SDG fund.

Union Investment has launched a fund that uses the United Nations’ sustainable development goals as a criterion in its investment process. The UniInstitutional SDG Equities fund is aimed at insitiutional investors and invests in equities of companies from around the world that operate in SDG-related business sectors.

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