Companies must do more to link executive remuneration with long-term business performance, a report from Hermes Equity Ownership Services and the National Association of Pension Funds says.
The organisations, in conjunction with BT Pension Scheme, RPMI Railpen Investments and USS Investment Management, called for "a major rethink" on how firms approach reward packages in the run up to this...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.