UK - A former adviser with the consultancy Institutional Design has set up his own London-based corporate governance consultancy.
Lintstock, set up by David Lapido, aims to help firms strengthen governance systems, meet the needs of financial regulators and enhance their profile in the investor community.
The three principal areas of service include a governance profile appraisal to examine a company’s disclosures, evaluation to examine governance functions performed by the board and operational audits to assess the risks of failures to vote.
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.