Tag: pensions
‘Uncharted territory’ for directors as hard line set for pension regulation
Board directors are entering a tough new era, with regulatory proposals to impose sanctions for directors who deliberately put their employees’ pensions at risk.
GPIF, Japan’s pension fund, to probe external fund manager’s pay
Japan’s Government Pension Investment Fund, the world’s largest pension fund, is to look at the link between pay and performance for external portfolio managers.
Watchdog to probe KPMG over its audit of Carillion
The watchdog overseeing the Carillion audit reveals that it will examine the work of KPMG as auditor of the collapsed construction company.
PM reveals new sanctions for company leaders over pension deficits
Prime minister Theresa May writes that the government is set to introduce “tough new rules” for executives presiding over expanding pension deficits.
Brexit poses pensions threat despite PM’s crackdown, says Baroness
Baroness Ros Altmann, former pensions minister, warns that despite Theresa May’s pledge to protect pensions after the Carillion scandal, a hard Brexit could jeopardise Britain’s largest manufacturing firms.
Directors could be struck off for failing to protect pensions, says PM
Directors could be fined or struck off if they fail to protect pension schemes, according to a policy announcement by prime minister Theresa May.
Pension funds set for action against executive pay levels
Pensions association is preparing guidelines for more assertive action on high executive pay levels.
Uber faced with £12m pensions bill
Taxi service Uber faces a significant pension bill following an employment tribunal ruling.
Power needed to protect pensions by blocking deals
Former pensions chief says powers are needed to block deals if they threaten pension scheme members.
Bank accounting attacked
A fresh attack has been levied on a key accounting measure for banks, calling on MEPs to block their endorsement by the EU.