The Financial Reporting Council (FRC) has published a code for the corporate governance of large private companies in a bid to help them meet incoming legal requirements.
The so-called Wates Principles encourage large private businesses - those with more than 2,000 employees or a turnover of more than £200m and a balance sheet of more than £2bn - to adopt a set of key behaviours...
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.