New York City's pension funds are urging five firms to adopt a majority vote standard in director elections in a bid to give shareholders "the voice they need".
New York City comptroller William Thompson submitted proposals to five companies on behalf of the funds – requesting boards of directors initiate a process to amend company’s governance documents. It...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.