Tag: financial risk
Big investors engage with firms over biodiversity loss
Major project seeks to improve corporate reporting on material investment risks to nature and boost environmental responsibility.
Covid-19: FRC urges companies to provide ‘more extensive disclosures’
The UK regulator says investors expect detailed reporting on the financial impact of Covid-19, while experts point to the risk of firms “burying bad news”.
Financial risk: questions the board should ask in uncertain times
Chairs and board members must understand their organisation’s financial risk policy and hedging strategy to ensure that they can ask the right questions—and mitigate the risks posed by volatile financial markets.
Share buybacks: a question of governance?
The UK government is investigating share buybacks, but could capital allocation be a subject for more disclosure and the corporate governance code?
Reported fraud in the UK soars to more than £2bn
Reported fraud in the UK rises by 538% to £2.11bn in 15 years, with the financial services sector the worst affected.
German pension reform to offer more certainty and flexibility to employers
A draft of a new law aiming to strengthen occupational pensions in Germany is now in the public domain.
Insolvencies could be prevented, says pensions adviser
A report from Lincoln Pensions argues that current accounting standards for defined-benefit pension schemes in the UK are not up to scratch.
Uber faced with £12m pensions bill
Taxi service Uber faces a significant pension bill following an employment tribunal ruling.
Natural disasters could cost businesses $4.6trn
Lloyd’s City Risk Index warns that a total of $4.6 trillion projected GDP is at risk from manmade and natural disasters in 301 major cities around the world.
Tesco forced to offer workers concessions
Tesco to provide staff with concessions after plans to close its defined benefit pension scheme triggered a flood of complaints from employees and activists.