UK - Investor lobby groups and voting advisory services are warning of a series of shareholder backlashes at annual meetings.
Pension Investment Research Consultants, RREV – the National Association of Pension Funds’ corporate governance advisory service – and proxy voting agency Manifest have flagged up issues at J Sainsbury, Emap and Marks & Spencer.
Sainsbury’s is expected to face criticism for its lack of consultation over the remuneration package for former chairman Sir Peter Davis. Emap faces opposition over its remuneration report and incentive scheme. And Marks & Spencer shareholders are expected to criticise the removal of performance conditions for directors.
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.