BP has told its shareholders to back a resolution brought against the company urging it to disclose risks associated with climate change.
The oil giant follows in the footsteps of its competitor Shell by telling investors it agrees with the recommendations of the resolution filed by 150 shareholders including 13 UK public pension schemes....
This week's edition of Professional Pensions is out now
MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.