Trustees 'should be free to seek total return investments without approval' - Civil Society - Finance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits: The Charity Law Association has recommended trustees are given the legal freedom to invest on a total return basis without seeking prior Charity Commission approval, in its submission to the Charities Act Review.
In an 83-page 'first draft' submission to Lord Hodgson, who is carrying out the review, the CLA outlined measures it believes would help promote social investment, which also include enshrining parts of the Charity Commission's CC14 guidance in law.
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