UK - Two-thirds of FTSE100 companies have complied with the Association of British Insurers' guidelines on socially responsible investment.
The guidelines call on companies to disclose in their annual reports that they have assessed the business and reputational risks arising from the way they manage social, environmental and ethical issues, and that these risks are being properly managed.
ABI director general Mary Francis said: “This shows companies recognise the business risks associated with environmental, ethical and social issues.
“Proper management of these risks will not only make businesses more secure for their employees as well as for shareholders, but it will also avoid the need for pre-scriptive legislation.”
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.
Over two years since the collapse of the high street giant, BHS pension scheme members will be able to put their anxieties to rest thanks to a bulk annuity deal. James Phillips explores the detail.