UK - Two shareholder meetings are worthy of note in the week starting January 28, according to corporate governance specialists Institutional Shareholder Services (ISS).
Engineering firm Zytronic holds its AGM on January 30. ISS says Zytronic’s chairman, John Kennair, who is up for reelection, is an executive director who serves on the board's remuneration committee. Sarasin Investment Management holds nearly 23% of the issued stock, Singer & Friedlander 13% and M&G Investment Management nearly 5%.
McLeod Russel has its AGM on January 31. ISS says the audit committee at McLeod Russel comprises the entire board of four directors. Two of the committee’s members are executive directors, including the chief financial officer Paul Humphreys, who is proposed for reelection at the company’s AGM. Edinburgh Fund Managers holds more than 12% of the issued stock, Clerical Medical 8.6% and Schroder Investment Management more than 5%.
By Luke Clancy
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.
Universities UK (UUK) has suggested a collective defined contribution (CDC) scheme could be a replacement for the defined benefit (DB) element of the Universities Superannuation Scheme (USS).
This week's top stories included a Pensions Institute report suggesting the aviation industry's practice of constantly evaluating mistakes should be applied to defined benefit pensions.