Charity Investment Conference 2012
15 Oct 2012
Trustees 'should be free to seek total return investments without approval'
Finance |
24 May 2012
Lord Hodgson of Astley Abbotts
Conservative Lord (Robin) Hodgson of Astley Abbotts is the NCVO president since 2007 and chair of the Armed Forces Charities Advisory Committee since 2008.
In August 2010 he was also appointed as chair of the de-regulation task-force by the coalition government and submitted a report recommending how to make it easier to run a charity. At the end of 2011 he was appointed by the government to lead its review of the Charities Act 2006.
Lord Hodgson was a member of the Council for Securities Industry from 1980-85, a founder director the Securities and Investment Board from 1985-89, sat on the West Midlands Industrial Development Board 1989-97 and was a director of the Securities and Futures Authority 1993-2001.
He was made a Life Peer (Conservative) in 2000, and as shadow spokesman on Trade and Industry and Home Affairs from 2002 until 2006, led in particular on the Companies Act 2006 and Charities Act 2006.
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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.
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Government's work to cut red tape deserves credit, says NCVO chief
Tags: Office for Civil Society | Regulation
The NCVO has said the government should be applauded for the progress it has made on implementing Lord Hodgson’s advice on ways to cut red tape for charities.
Companies House and the Charity Commission are looking at how they can accept the same sets of accounts and common annual returns, in an effort to reduce red tape for charities.
The government is deliberately delaying the launch of its promised promotional campaign to boost payroll giving until the payroll giving agencies devise a way to get the system working better.
Volunteering England and the Association of British Insurers (ABI) have published a code of practice for volunteers.
The Charities Act 2006 has, overall, proved to be a good piece of legislation that is fit for purpose, the NCVO Charity Law Review Advisory Group has concluded.
There is no need to change the public benefit test used during charity registration, according to charity lawyers Bates Wells & Braithwaite in its submission to Lord Hodgson's Charities Act review.
Reversing the funding cuts to the Charity Commission, restricting public fundraising licences to FRSB members only and comprehensive self-regulation are just three of the many recommendations put to Lord Hodgson in his Charities Act Review consultation.
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