UK/US - US-based Wal-Mart has amended its equal employment policy after talks with UK fund manager, Isis Asset Management.
Wal-Mart is the largest private sector employer in the world, with 1.2 million staff.
Isis governance and SRI vice-president Elizabeth McGeveran said: “Wal-Mart now joins 90% of Fortune 100 companies and some 318 further Fortune 500 companies in covering discrimination on the grounds of sexual orientation in their equal opportunities code.”
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