08 November 2017 
Matt Sisson, Projects and Membership Manager
The heads of English institutions (and hopefully FDs too) will have received a letter yesterday from Professor Mark E. Smith, Chair of the Financial Sustainability Strategy Group (FSSG), about the Implementation of the Margin for Sustainability and Investment (MSI) for reporting for 2016-17.
HEFCE says: “The MSI is included in both TRAC and the Annual Sustainability Assurance Report (ASSUR), which is one way to satisfy the Higher Education Code of Governance requirements and annual accountability return requests on sustainability assessment. The Committee of University Chairs, in partnership with FSSG, has developed guidance on how the Code of Governance requirements can be met in Illustrative Practice Note 4: Institutional Sustainability.”
The full report on the implementation of the MSI is available on the FSSG web pages. If you have any questions at all, you can email the FSSG Secretariat.
