What's Happening?
Quantum Advisory, an independent pensions and employee benefits consultancy, has successfully retained its position as a signatory to the Financial Reporting Council's (FRC) UK Stewardship Code. This code, which is voluntary, represents a significant portion of assets under management in the UK, amounting to £57.3 trillion. It aims to uphold best practices for those investing on behalf of UK savers and pensioners. Quantum Advisory is among an elite group of 19 service providers in the UK that have achieved this status. The FRC's mission is to promote transparency and integrity in business, setting standards for corporate governance and stewardship, and ensuring quality in corporate reporting.
Why It's Important?
Retaining its position as a signatory to the UK Stewardship
Code is a testament to Quantum Advisory's commitment to high standards of governance and transparency. This status enhances the firm's reputation and credibility in the financial services industry, potentially attracting more clients who value ethical and responsible investment practices. For the broader financial sector, the adherence to such codes is crucial in maintaining investor confidence and ensuring that asset managers act in the best interests of their clients. The FRC's role in setting these standards is vital for the integrity of financial markets and the protection of investors.
