Pensions and Lifetime Savings Association (PLSA) meaning

In this issue: Share Incentives weekly highlights 2025/2026 Corporate governance Budgets, Autumn Statements and Finance Bills Useful Information Dates for your diary Weekly highlights from other practice areas Share Incentives weekly highlights 2025/2026 This is our last Weekly Highlights of 2025. The first Weekly Highlights of 2026 will appear on 8 January 2026, with emails to customers sent on 9 January 2026. To stay current with daily and weekly developments, refer to the ‘Daily and weekly news alerts’ section for details on how to keep up to date with the latest news on a daily and weekly basis. From everyone in the Share Incentives team, we hope you enjoy the festive season and wish you a happy new year. Corporate governance Pensions UK publishes its Stewardship and Voting Guidelines 2026 Pensions UK (formerly the Pensions and Lifetime Savings Association (PLSA)) has released its Stewardship and Voting Guidelines for 2026. On remuneration in particular, Pensions UK...

Minister for Pensions, Torsten Bell MP Speaking to delegates at the Pension and Lifetime Savings Association (PLSA) conference in Edinburgh on 11 March 2025, Torsten Bell MP said the government will firmly press on with the proposals first trailed in November 2024 to bring LGPS assets together by next spring. Ministers aim to fold the £400bn LGPS into a small number of larger vehicles overseeing a much bigger pool. At present, the LGPS is divided across 86 compact funds operated by administering authorities, each valued between £300m and £30bn. Bell added that the government intends to “stick to the timetable” of March 2026...

In this issue: Corporate governance Economic Crime and Corporate Transparency Equity capital markets Market Standards Limited liability partnerships Brexit Daily and weekly news alerts New and updated content Dates for your diary Trackers Useful information Corporate governance PLSA publishes Stewardship and Voting guidelines for 2025 The Pensions and Lifetime Savings Association has released its Stewardship and Voting guidelines for 2025. They outline firm principles for assessing and engaging with companies on matters including climate action, workforce diversity, and responsible deployment of capital, all directed at delivering sustainable long-term value. See: LNB News 27/01/2025 43. Economic Crime and Corporate Transparency Registrar (Identity Verification and Authorised Corporate Service Providers) Regulations 2025 SI 2025/50: These Regulations set the rules for identity verification, the authorisation of corporate service providers, and the use of unique identifiers for verified individuals under the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023). They take effect in...

This archived Practice Note outlined the principal changes anticipated to influence the corporate governance framework in 2018. It has not been revised since that year. For updates from January 2019 onwards, see Practice Note: Corporate governance: horizon scanning—2019 and beyond. In August 2017, the government issued its response to the green paper on corporate governance reform. It set out several measures, including a refreshed UK Corporate Governance Code, additional reporting duties under the Companies (Miscellaneous Reporting) Regulations 2018, and the Wates Corporate Governance Principles for Large Private Companies. Please share suggestions for topics to track via KnowhowLawyersCorporate@lexisnexis.co.uk. Mini-index January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 September 2018 No specific date in 2018 confirmed 2019 and beyond January 2018 Updated policies from the Pensions and Lifetime Savings Association (PLSA): publication of the 2018 Corporate Governance Policy & Voting Guidelines; for details, see LNB...

Section 2—Setting the scene This Resource Note summarises the core requirements of Section 2 of the UK Corporate Governance Code (UKCG Code) on the division of responsibilities, and signposts key third‑party materials, guidance, commentary and analysis, together with our own resources, to support practical application... Materials covered Financial Reporting Council (FRC) 2018 Guidance on Board Effectiveness Chartered Governance Institute (CGI) guidance (formerly ICSA: The Governance Institute) Institutional Shareholder Services (ISS) United Kingdom and Ireland Proxy Voting Guidelines 2024 Pensions and Lifetime Savings Association (PLSA) Stewardship and Voting Guidelines 2024 Pensions & Investment Research Consultants Ltd (PIRC) Shareholder Voting Guidelines, available to purchase from PIRC’s website Investment Association (IA) Comply or Explain: Investor Expectations and Current Practices (December 2012) EY/IA joint report, Board effectiveness—continuing the journey Resources in the Corporate practice area Mini-index Principles F–I Provisions 9–16 Notes In a nutshell...

This Practice Note reviews best practice guidance on relations and engagement between listed companies and their shareholders. It provides coverage and interpretation of the UK Corporate Governance Code (UKCG Code), overseen and maintained by the Financial Reporting Council (FRC), together with: the FRC’s Stewardship Code the FRC’s 2018 Guidance on Board Effectiveness the guidance on enhancing stewardship dialogue issued by the Chartered Governance Institute (CGI) the Stewardship and Voting Guidelines 2023 published by the Pensions and Lifetime Savings Association (PLSA) the Shareholder Voting Guidelines (available to purchase from PIRC website) (PIRC Guidelines) issued by Pensions & Investment Research Consultants Ltd (PIRC) the 2024 Benchmark Policy Guidelines published by Glass Lewis This Practice Note also assesses the particular role each of the Chair, the senior independent director (SID) and the non-executive directors (NEDs) should play in shareholder relations and engagement. It additionally considers guidance for the convening and conduct of general meetings (including the AGM), electronic communications and the annual...