Investment

UK pension schemes and asset managers are suing BP in the Texas courts for tens of millions of pounds over alleged fraud and negligence before and after the Deepwater Horizon oil spill.

Institutional investors will prioritise executive remuneration, climate change and supply chain labour standards when engaging companies over the next three years, according to research.

Prime Minister David Cameron is set to outline a series of measures designed to boost economic growth.

Federal Reserve Chairman Ben Bernanke has indicated more quantitative easing measures will be pumped into the US economy when it is needed to avert long-term damage, but his lacklustre speech failed to impress those seeking a firmer commitment.

Proposed changes to the Takeover Code designed to give trustees more security could be "meaningless" when applied to hostile takeovers argues a lawyer.

The Confederation of British Industry and British Chambers of Commerce have each cut their 2012 UK GDP forecasts and called for the government to do more to prompt growth.

Members of the Prison Officers Association have voted against the final government offer of changes to the Principal Civil Service Pension Scheme, objecting to the linking of the retirement age to the state pension age.

Macfarlane Group has introduced a pension increase exchange option for active and deferred members after reducing pensioner liabilities by 35% through a similar exercise.

Enhanced annuity sales exceeded £1bn in the second quarter of 2012, according to research by Towers Watson.

A third of infrastructure investors believe the government will fail to attract pension fund investment for ambitious projects such as an overhaul of British roads, a survey reveals.