Lloyds Banking Group is cutting its bonus pool by £30m and withholding £2.65m in share awards from its senior executives.
Chief executive António Horta-Osório is expected to lose around £350,000 worth of shares. And according to reports, around £10m of share awards for the executive team covering the 2012 and 2013 has...
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.