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...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point