UK - The Haringey and Waltham Forest pension funds have joined the Local Authority Pension Fund Forum (LAPFF).
Ian Greenwood, forum chair of the LAPFF, said eight new members including Aberdeen, NILGOSC, Tower Hamlets, Lewisham, Warwickshire, Dorset, and now Haringey and Waltham Forest, had taken its membership to 46 funds.
"Moreover during the year the LAPFF's profile has risen significantly as a result of its engagement in some notable cases," said Greenwood.
The forum took a very public stance against the BP remuneration policy at the company's AGM this year, arguing there was insufficient linkage between remuneration and the management of health and safety.
Greenwood added: "The forum is now pushing ahead with further work to encourage companies to link directors' pay more closely with the effective management of non-financial business performance indicators."
The Pensions and Lifetime Savings Association (PLSA) has revamped the standards for its Pension Quality Mark (PQM) in a bid to raise the quality of single-employer defined contribution schemes.
People approaching retirement are "systematically misjudging" their longevity and undervaluing annuities, the Institute for Fiscal Studies (IFS) says.
Professional Pensions is holding a breakfast briefing on engaging defined contribution (DC) members on 7 February.
Panellists at a PP webinar discuss October's High Court judgment on GMP equalisation, how schemes have responded, what their strategies should be, and how the industry can approach it.