UK - The Universities Superannuation Scheme has hired a further two firms to advise on corporate governance and proxy voting issues.
The Investor Responsibility Research Centre and Glass Lewis have been signed up as part of a package put together by proxy voting agency Manifest.
IRRC will specialise in socially responsible investment, with Glass Lewis providing in-depth research on US corporate governance issues.
The £20bn scheme is also advised by Governance Metrics International while Manifest provides the proxy voting platform.
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.