Investment

The Local Authority Pension Fund Forum (LAPFF) has advised its members to vote against the remuneration report at AstraZeneca's upcoming annual general meeting (AGM).

A rapid increase in late payments to company schemes could be a sign of an "impending wave of restructurings and insolvencies", Pinsent Masons says.

The majority of this week's respondents thought self-sufficiency was the long-term target for most defined benefit schemes. Although many pointed out that this was a protean term, more than half said it was what schemes were aiming for.

GAB Robins UK has entered a regulated apportionment arrangement with the Pension Protection Fund to eliminate its scheme liabilities.

Brian Singer - the former head of global investment solutions at UBS Global Asset Management - has launched a diversified growth fund (DGF) in a bid to target the UK scheme market.

WH Smith has agreed a £13m a year recovery plan to plug the deficit of its closed defined benefit scheme over the next seven years.

The Pensions Regulator is investigating investment holding company Guinness Peat Group over its pension scheme responsibilities.

The Environment Agency Pension Fund has appointed The Townsend Group to develop a global portfolio up to £240m in real assets like property, infrastructure, forestry and farmland.

An investor group campaign, led by Hermes Equity Ownership Services (EOS), Aberdeen Asset Management and F&C, has secured disclosure of minority shareholders representatives on the Petrobras board.

M&G's property arm will ditch the name Prudential Property Investment Managers (Prupim) in favour of M&G Real Estate at the end of June, as it continues to build its third-party business.