UK/GLOBAL - Hermes Pension Management is seeking to improve mutual understanding of corporate governance between Japan and the UK.
A senior executive of Nissay Asset Management – the asset management arm of Japan’s largest insurer, Nippon Life – will spend a year in London with Hermes working alongside corporate governance director Michelle Edkins.
Hermes says Nissay’s Toshiaki Oguchi will bring a Japanese perspective to its voting interests in Japan.
Hermes corporate focus director Peter Butler said: “We always try to implement our corporate governance policies with thought and with sensitivity to the local context. This is considerably easier if like-minded inv-estors work together.”
Butler added: “Having Toshi here will help Namco better understand Hermes’s approach to corporate governance and will help us shape our approach to Japanese companies.”
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.