The Department of Work and Pensions (DWP) will amend legislation to allow contracted-out benefits to be transferred into a scheme which has never been contracted-out.
The move follows a short consultation period of just two weeks, with the government now seeking to make the change via a statutory instrument rather than an act of parliament. The proposal is partially...
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).