In particular the review emphasises the need for greater clarity on the role of institutional investors. Companies should disclose major relationships with financial institutions in their annual report, the review argues.
Institutional investors, meanwhile, should be obliged to disclose how they have voted, so that their impact on company activities is visible. The review also recommended the voting process on key companies resolutions be audited.
The review also calls for legal reforms so that investors holding shares in nominee accounts can communicate directly with the company concerned.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel