Pension funds have huge and unrealised potential to influence the corporate governance of the companies they invest in, Hermes Equity Ownership Services chief executive Colin Melvin claims.
He said pension funds currently relied upon their investment managers to influence the companies in which they had a stake. Melvin explained: "The problem with this is that investment managers are not...
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.
This week's top stories included coverage of the much-anticipated defined benefit (DB) white paper and the sector's reaction.