March's topical question for your manager
15 March 2018, News
The Pensions and Lifetime Savings Association publishes topical questions to aid trustees in considering the effectiveness of their managers’ stewardship activity. We encourage funds to ask these questions during their regular manager reviews in an effort to understand their managers’ approaches and activities and to ensure that they are adhering to the stewardship policies.
March's topical question for your Manager
Background: The Financial Conduct Authority has published a new essay collection looking at organisational culture – the PLSA’s submission to the FCA’s consultation on the governance of the asset management industry highlighted the importance of cultural factors such as pay practices and diversity in affecting the value for money provided for clients including pension funds.
Question: How do you assess and measure the quality of the ‘culture’ both of your organisation and the companies you invest in? How are your pay practices and workforce diversity, for example, shaped in order to foster a positive culture
Find more questions for your manager here.