International accounting standards for listed companies are riven by faultlines that are damaging for business, according to a group of UK pension schemes and long-term investors.
Responding to the True and Fair paper published by the government's Financial Reporting Council (FRC), the group - which includes the London Pensions Fund Authority, the Local Authority Pension Fund Forum...
Almost all listed asset managers have now signed up to the transparency code that launched 12 months ago to help local government funds get better cost data, writes Stephanie Baxter
This week's top stories include MPs questioning the regulator's leadership in a letter to the watchdog's chairman, and FTSE 100 schemes post accounting surplus for first time in decade.
While the majority of UK's largest pension funds have taken action on climate change, parliament says there are still some that are failing to manage their schemes responsibly.
Master trusts will have just one chance to demonstrate to The Pensions Regulator (TPR) that they should be authorised under the upcoming regime, the watchdog has said.