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Charity Update 8 October 2013



United Kingdom

Fieldfisher Charity Update 8 October 2013

24 September 2013

Charity Finance Group reports year of growth and development

Charity Finance Group publishes 2012-13 annual report  showing a year of continued resilience and development, despite the tough economic climate

Charity Finance Group

25 September 2013

Charities to invest for total return from 2014

The Trusts (Capital and Income) Act 2013 (Commencement No.2) Order, SI 2013/2461, has been released. This brings into force from 1 January 2014 the remaining provisions of the Trusts (Capital and Income) Act 2013 allowing charities to invest for total return and removing the need to classify individual investment returns as income or capital.

25 September 2013

Charity Commission endorses quality standards set by Mind and UKCF

The Charity Commission endorses the updated quality control systems adopted by Mind in "Quality Management" and UK Community Foundation in "QA3" in its drive to encourage umbrella bodies to develop quality standards to improve governance and accountability of charities.

Charity Commission

25 September 2013

Charities value enterprise skills above fundraising skills

Cliff Prior, chief executive of UnLtd and former chief executive of Rethink highlights trend towards charities valuing enterprise skills above fundraising skills.

Civil Society

30 September 2013

Charities face eroding long-term capital

Newton Investment Management publishes paper Sustainable Portfolio Withdrawal Rate, which shows that charities spending above 3% of the value of their long term investment portfolios each year face the material risk of eroding the real value of their capital.

The full white paper can be downloaded here

Newton Investment Management

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