PLSA urges schemes to hold company directors to account over Covid-19 decisions
Pension schemes should take note of how the companies in which they invest respond to the ongoing threat of coronavirus and be prepared to speak up if the actions taken do not align with their long-term investment prospects, the Pensions and Lifetime Savings Association (PLSA) says.
In a warning issued today (9 April), the trade body said schemes should consider voting against directors in company's 2020 AGMs if they do not believe they have behaved appropriately during the pandemic....
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