SCHEMES must dump short-term reward targets for managers if they want to match liabilities properly and encourage greater sustainability among businesses, delegates heard.
Former US vice-president Al Gore said there was a “brutal tension” between the long-term strategy of schemes and the common practice of paying managers for quarterly performance. Gore – who is ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date