UK: Myners Principles - Further review

In March 2000, Paul Myners was commissioned by HM Treasury to conduct a review of institutional investment in the UK. Myners' report "Institutional Investment in the United Kingdom: A Review" was published in 2001 and it contained several principles for institutional investment decision making. These were last reviewed in 2004. HM Treasury has begun a further consultation and its consultation paper states:

"This consultation provides an opportunity to update the Myners principles and develop a comprehensive suite of authoritative best practice tools giving further assistance for pension fund trustees to improve investment decision-making and governance".

Update (16 November 2008): the Government's response to the consultation has been published here.