Shareholders have backed a resolution brought by a group of investors including 15 UK pension schemes to force Shell to measure and manage its exposure to climate change risk.
The resolution was supported by 98.9% of shareholder's at the oil major's annual general meeting (AGM) in the Hague yesterday, making it legally binding. Shell will now have to report on operational...
This week's top stories included analysis suggesting the British Steel Pension Scheme could have a £2bn surplus, while the Treasury removed its controversial MPAA cut from the Finance Bill.
Members of master trusts will see greater protection as new rules for an authorisation regime and capital adequacy have been signed into law.
Royal Mail has offered its employees a cash balance defined benefit (DB) scheme as a compromise for closing its current career average DB scheme to accrual.
The question of the state pension age will not be answered before the snap general election, the Department for Work and Pensions (DWP) has told PP.