UK - Women are heavily under-represented in British boardrooms, a study by the Ethical Investment Research Service has found.
Research at 1817 companies on the FTSE All World Developed Index revealed that 7.4% of UK companies had female directors, slightly above the 7.1% global average.
Scandinavian countries topped the table, with Norway – where politicians threatened to introduce legislation unless more women were appointed to boards – having 21.1% of female directors.
Countries in southern Europe were found to have substantially fewer women on the board with Spain (3.8%), Italy (2.6%) and Portugal (0.8%) performing poorly compared to other European companies.
Japan had fewest women directors (0.4%).
Eiris head of research Jeremy Baskin said: “Women remain heavily under-represented in the boardroom in all developed countries, despite their substantial labour force participation rate.
“Even at the top end of the scale, company boards still comprise only one-fifth women.”
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers