Compliance with the FRC UK Stewardship Code

The Financial Reporting Council (FRC), has published the UK Stewardship Code (the Code), setting out good practice for institutional investors when engaging with the UK listed companies in which they invest.

It hopes this will be a catalyst for better engagement between shareholders and companies.

The FRC has adopted the Institutional Shareholders Committee (ISC) Code with only limited changes - In particular, the ISC Code's seven principals and related guidance.

The FRC encourages all institutional Investors to report on the extent to which they follow the code.

The Policy of the Teesside Pension Fund can be accessed by clicking on the link below.