Airways Pension Scheme (APS) trustees did not have the authority to make an amendment to the scheme rules, a lawyer for British Airways (BA) has told the High Court.
Beginning BA's closing statement on 5 December, Michael Tennet QC said awarding a discretionary increase was therefore also beyond the trustees' powers. The comments were made in the final week of a...
Listed companies are getting away with short-termism because of a lack of engagement from institutional investors, according to RBC Global Asset Management.
Councillor Alan Schofield has been appointed to the Local Pensions Partnership's (LPP) board as a non-executive director, representing the shareholder Lancashire County Council.
Hedging appetite fell during the second quarter of this year as a lack of index-linked gilt supply continued to bite, BMO Global Asset Management has said.
FTSE 100 companies have responded to last year's investor rebellions regarding executive pay, with "more conservative policies" being adopted according to new analysis from the Investment Association (IA).