US - The California Public Employees' Retirement System (CalPERS) has announced two new customer service enhancements for its members.
Last week, CalPERS announced it would oppose the re-election of seven board members of electronics company Sanmina-SCI Corporation because of unresolved poor stock performance and governance practices.
The company was placed on CalPERS 2007 Focus List for underperformance, but Russell Read, chief investment officer of CalPERS, said it had been unresponsive.
A trustee of the Optimum Retirement Benefits Plan has been suspended by The Pensions Regulator (TPR) following the launch of a police investigation into a suspected liberation scam.
Hermes Investment Management has launched an environment, social and governance (ESG) tool in a bid to improve carbon risk engagement with investee companies.
In this week's Pensions Buzz, we want to know which team UK pensions would be if it was performing in the World Cup, how well it would perform and why.
The Pensions Regulator (TPR) has revealed to PP it spent £3.1m in total external costs for the investigation and litigation relating to the Box Clever pension scheme.