Governance

Contract-based defined contribution (DC) providers are likely to be given a fiduciary duty similar to that of trustees, Punter Southall principal Alan Morahan says.

The European Securities and Markets Authority (ESMA) has published guidelines on remuneration for companies and regulators in the investment sector.

Data from The Pensions Regulator (TPR) shows 97% of surveyed DC schemes provide support to members wishing to exercise their open market option (OMO).

The shareholder spring which has increased scrutiny over executive pay has led to an increase in pay freezes and lower bonus payouts in the FTSE100 in 2012 compared with 2011.

Contributors were sceptical as to whether social media could provide information to improve scheme governance. Although more than three out of ten thought it unwise to ignore this data, almost half of contributors thought trustees should do just that....

The Financial Reporting Council (FRC) has launched two investigations into the conduct of KPMG Audit.

Baroness Sarah Hogg is to step down as chairman of the Financial Reporting Council (FRC), the governance body has announced.

The Local Authority Pension Fund Forum (LAPFF) is continuing pressure on executive pay by opposing remuneration reports at Aviva and BAE Systems.

Lynn Strongin Dodds asks why so few trustees are engaging with firms on governance issues despite the clear advantages

The Local Authority Pension Fund Forum (LAPFF) is targeting Barclays and National Express in its latest governance drive.