PENSION funds should vote against Shell's remuneration report at its annual general meeting on May 15, urges the Local Authority Pension Fund Forum.
The forum – comprising 39 local government schemes with assets totalling over £75bn and holdings of Shell shares in excess of 1pc – said this follows the oil firm’s failure to link directors’ management...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.