News Round-up - August 22
Executive rewards fail to reflect performance; Equity market pulls hedge funds down; Rate rise expected; Lockton buys Alexander Forbes
Executive rewards fail to reflect performance Many executive compensation schemes are not encouraging managers to improve returns to shareholders because they have been poorly designed, a survey by PricewaterhouseCoopers...
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Pensions minister launches simpler annual statement
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
DC survey: Members want 'personal' and 'positive' communication
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.
TPR drafts in FCA and PRA staff for help on master trust authorisation
The Pensions Regulator (TPR) has seconded staff from other national watchdogs as it rolls out the master trust authorisation and supervision regime, Lesley Titcomb has revealed.
EXCLUSIVE: How the UK's biggest DC default funds are performing
In the second edition of AE Watch, Maria Nazarova-Doyle looks at the performance of the UK's largest DC default funds.