News

Companies must do more to link executive remuneration with long-term business performance, a report from Hermes Equity Ownership Services and the National Association of Pension Funds says.

The Bank of England's Monetary Policy Committee has said inflation may remain above the 2% target for the next two years, in part due to sterling weakness.

Trevor Matthews, chief executive of Aviva UK, is to step down from the role.

Almost two-thirds of senior sponsor employees who are trustee-facing have no reporting line into the chair of trustees, Mercer research says.

UK schemes have been warned not to distort asset allocations to meet cash flow pressure from currency hedging strategies, after the pound suffered a weak January.

MyCSP has appointed Xafinity Paymaster's Nicola Hurst as its chief executive and is planning redundancies just eight months after its launch.

The Financial Services Authority and its successor bodies may not be able to prioritise pensions standards if regulation were moved to a single body, Michael O'Higgins has said.

The GMB has branded claims public sector pension schemes will cost the taxpayer an extra £9bn as "completely bonkers".

Swansea Council "unlawfully" transferred £20m from its pension scheme to balance its books when changing banks, according to the Wales Audit Office.

The UK has spent too long developing layers of ineffective and frustrating regulation in its financial services sector, John Kay says.