UK - The NAPF is preparing to launch a spate of attacks on companies which have two-year rolling contracts for directors.
Among the companies being targeted are drugs giant GlaxoSmithKline, media group Pearson and fund manager Schroders.
Two-year rolling contracts directly contradict corporate governance best practice, including the joint NAPF-ABI guidelines.
Partner Insight: In recent years, pensions administrators have seen scheme member engagement increase significantly. The advent of Pensions Freedoms in 2015 and the increased choices faced by members have led to a sea-change in the levels and types of...
Purna Bhudia looks at how the PPF's investment strategy has evolved, especially in the area of credit
Two consultancies have reported decreases in defined benefit (DB) transfer quotation requests in Q3, and said guaranteed minimum pension (GMP) equalisation could impact transfer activity.
The Association of Consulting Actuaries (ACA) and Royal London have proposed a "pensions pound" to "radically simplify" defined benefit (DB) pensions rights.