The stewardship code for institutional investors must not become tick-box compliance exercise with no tangible benefits for schemes, the National Association of Pension Funds urges.
The trade body's response to the Financial Reporting Council's consultation on the code - which closed last week - said the code was an "important step" towards developing stronger relationships between...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".