US - The New York City Pension Funds, which hold nearly US$400m of shares in Google and Yahoo, have called on both companies to lay down standards for enforcing policies on freedom of internet access.
In a letter to both companies, NYC comptroller William Thompson said they should be acting to conserve the values of freedom of speech and expression in all countries.
“Technology companies in the United States have failed to develop adequate standards by which they can conduct business with authoritarian governments while protecting human rights, including freedom of speech and freedom of expression,” Thompson said.
The funds currently hold shares worth $276m in Google while the Yahoo shares have been valued at $111.
The five New York pension schemes filed shareholder resolutions with the companies over the past week.
In a statement Google said: "We, like our shareholders, place great importance on conducting business at home and abroad in an ethical and legal manner. The company planed to offer the funds’ resolution to its shareholders at its next meeting.
The Financial Conduct Authority (FCA) has fined Standard Life Assurance (SLA) nearly £31m after its practices led to conflicts of interest and SLA employees putting their financial needs above those of the firm's customers.
The government has launched a consultation on amending the contribution rules of the NHS Pension Scheme in a bid to mitigate the possibility of members hitting tax allowances.
Aviva has seen a 50% year-on-year increase in the number of enquiries from pension schemes that use investment and administration on separate platforms seeking to move to a bundled provider.
This week's Pensions Buzz respondents were unsure whether Guy Opperman will stay in post as pensions and financial inclusion minister under the new Prime Minister.