UK - Investor concerns of "rewards for failure" have led BHP Billiton, an Australian mining group, to release in detail the contract of its new chief executive, Chip Goodyear.
Stung by criticism over the £4m payoff of its former chief executive, the mining company took the unusual step of releasing in-depth information to the London Stock Exchange.
The Association of British Insurers congratulated the firm for the move in advance of the annual general meeting.
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.