Schemes with equity holdings in oil giant BP should vote down a pay deal lined up for departing executive, Pensions & Investment Research Consultants urges.
PIRC said shareholders should vote against a remuneration report at BP's annual general meeting on 14 April because pay deals for departing executives - such as Tony Hayward - are "excessive". Hayward...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).