Consumer goods giant Reckitt Benckiser has been dealt a blow in confidence after 18% of shareholders including Railpen Investments (RPMI Railpen) have voted against its remuneration policy.
At its annual general meeting (AGM) on 5 May investors rejected the package, which includes a £23.2m pay deal for chief executive Rakesh Kapoor, raising a number of grievances with the proposals. Shareholders...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers