UK - Schemes are being urged to vote against bumper pay deals for Shell executives in the oil giant's annual general meeting later this month.
The NAPF claims there is a “lack of clarity” over how much Shell’s executives might get and what they would have to do to earn it.
Shell chairman, Sir Philip Watts, received a 55% increase in salary and bonuses for 2002, despite company profits falling by 23%.
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.