UK - The NAPF's recommendation that pension funds should abstain from re-electing Tesco's chief executive has been described as "daft" by a corporate governance expert.
Probitas Partners managing director Douglas McBean claimed it was an example of what could happen if voting decision-making became a “box-ticking exercise” and accused the NAPF of missing the bigger picture.
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.