UK - The National Association of Pension Funds may resurrect "case committees" to ease tensions between companies and disgruntled investors.
The NAPF used to act as a mediator between shareholders and investors in confidential meetings aimed at resolving conflicts without the need to go public – an option which has become virtually redundant in recent years.
NAPF spokesman Andy Fleming said: “We are looking to resurrect case committees and if investors have specific concerns about a particular subject or company, we are happy to bring the two sides together out of the glare of the media spotlight.”
He pointed out that while the dispute over appointments at BSkyB did finally go public last year, the NAPF was involved behind the scenes for some time beforehand.
The NAPF offers facilities for the meetings and acts impartially to further discussions.
It believes engagement is better than confrontation and welcomed the calls for greater communication between institutional investors and business leaders.
Trustees of the 600 Group's defined benefit (DB) pension scheme have agreed to a £201m buyout with Pension Insurance Corporation (PIC).
Anna Genda has been appointed a director for defined benefit (DB) and defined contribution pensions (DC) at Investec Asset Management.
Scammers may be trying to steal savings from workers by falsely claiming to be calling from The Pensions Regulator (TPR), according to a warning from the watchdog.
Lottie Meggitt continues Newton Investment Management's series of columns on DC issues