UKSIF welcomes Law Commission consultation to clarify fiduciary duties

UKSIF22nd October 2013

The UK Sustainable Investment and Finance Association (UKSIF) has responded to today’s launch of the Law Commission’s Consultation Paper on Fiduciary Duties of Investment Intermediaries.

Welcoming the launch of the Law Commission paper UKSIF Head of Government Relations, Caroline Escott, said:

“We believe that long-term and sustainable investment approaches by fiduciaries across the investment chain – including pension fund trustees, asset managers and consultants – are key to realising good outcomes for savers.

“UKSIF and its members will continue to engage with the Law Commission in working towards ensuring that fiduciary duties are clarified to better serve beneficiaries’ long-term interests.”

Read the press release in full here.