UK - The National Association of Pension Funds' (NAPF) Voting Issues Services (VIS) and rating agency Deminor Rating have joined forces to offer coverage of major European companies in 16 countries, including all those in the Eurotop 300 Index.
The NAPF said this will help institutions to become more responsible shareholders capable of supporting and challenging corporate management. UK institutions will have access to voting and research services on the Continent, while Deminor Rating subscribers will have a window into the current trends in the UK.
John Rogers, director of the NAPF’s VIS, said: “This ground-breaking new initiative is just one of the ways in which the NAPF can help its members to meet the calls from Myners and others to become more 'activist'.
By Janet Du Chenne
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point