PIRC : independent research and advisory consultancy

PIRC is the UKs' leading independent research and advisory consultancy providing services to institutional investors on corporate governance and corporate social responsibility. Since 1986, it has been the pioneer and champion of good corporate governance within the UK.
Authoritative resource
PIRC has a wide spectrum of clients ranging from pension funds, faith-based investors, trade unions to banks and asset managers. Its Corporate Governance Service is an authoritative and vital resource for active investors, whilst its widely-read Shareholder Voting Guidelines provide a market-wide benchmark for investors and forms part of the movement for corporate governance reform and long-term wealth creation strategies for responsible investors.

For more information about PIRC or to arrange a meeting, contact Janice Hayward, or call us on 0207 247 2323.

Institutions lack bite says TUC

The vast majority of institutional investors did not challenge the remuneration reports of leading banks or the takeover of ABN Amro by the Royal Bank of Scotland (RBS) in the run up to the 2008 financial crash, the TUC reveals in its annual fund manager voting survey.
Full story

But schemes active says NAPF

Meanwhile the National Association of Pension Funds (NAPF) has released its survey of pension fund engagement, providing a different perspective on current practice.
Full story

FSA extends shorting regime

The Financial Services Authority has further extended its disclosure regime in respect of short positions relating to financial stocks. The FSA’s reporting regime requires net short positions exceeding 0.25% of a company’s issued shared capital or increases by 0.1% bands above that to be disclosed.
Full story