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...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.