Board directors are entering a tough new era, with regulatory proposals to impose sanctions for directors who deliberately put their employees’ pensions at risk.
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.
The watchdog overseeing the Carillion audit reveals that it will examine the work of KPMG as auditor of the collapsed construction company.
Prime minister Theresa May writes that the government is set to introduce “tough new rules” for executives presiding over expanding pension deficits.
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 fined or struck off if they fail to protect pension schemes, according to a policy announcement by prime minister Theresa May.
Pensions association is preparing guidelines for more assertive action on high executive pay levels.
Taxi service Uber faces a significant pension bill following an employment tribunal ruling.
Former pensions chief says powers are needed to block deals if they threaten pension scheme members.
A fresh attack has been levied on a key accounting measure for banks, calling on MEPs to block their endorsement by the EU.