Trustees are largely unaware of the potential conflicts of interest and risk involved with securities lending, a former governor of the International Corporate Governance Network has claimed.
Andrew Clearfield - who is a founder of corporate governance engagement firm, Investment Initiatives - said schemes should ensure they do not to lend for shareholder voting related issues. He said: "The...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.