Hints and tips:
Related Special Reports
...More than 10,000 members of the Debenhams pension plan were transferred to the UK’s pension protection scheme in 2019, following the collapse of the 240-year-old retail group....
...of EnnisKnupp, a consultancy that works with pension plans....
...These “buyouts” — of pension plans and the assets backing them — are regarded as the gold standard for safeguarding benefits....
...It added: “The Thames Water and Kemble boards approved our refocused turnaround plan at the end of 2023....
...This included the need for “clear, simple and legitimate recognition” by SBTi of credits in corporate plans, which the document, seen by the Financial Times, suggests could be promoted by industry groups...
...In another blow, Glass Lewis raised concerns over the board’s plan to be able to issue shares of up to 50 per cent of the company’s share capital — exceeding the 33 per cent cap set by the industry body,...
...“There are clear consumer and industry advantages to having one pension pot that workers can choose for themselves,” said Becky O’Connor, director of public affairs at PensionBee....
...There are always a lot of different interests to manage at the top of a pension plan, but the psychodrama between the board, plan members, the investment staff, the media, and local, regional and national...
...Yvonne Braun, director of long-term savings at the Association of British Insurers, welcomed the plans to compare the performance of pension providers....
...The $38tn US retirement system is one of the world’s largest, and US employers were among the first to shift from defined benefit pensions to defined contribution plans....
...Armitt is a former chair of the National Express Group and held senior roles with the Berkeley Group as well as the Board of Transport for London....
...Some of the UK’s biggest pension plans are taking advantage of steep price discounts to snap up real estate and other private assets, as fellow retirement funds put their harder-to-sell holdings on to the...
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...The company faced a large protest vote against its previous climate plan in 2022 and opposition to the re-election of senior directors at last year’s annual meeting in Perth....
...From out of the fug, a simple plot point sets all else in motion. With shekels owed to an underworld kingpin, and Jesus pulling quite a crowd, a plan is hatched for Clarence to become a false messiah....
...plans for the energy transition....
...The board of Thames Water, Britain’s largest water company, was locked in crisis talks on Wednesday after shareholders refused to confirm they would provide about £3bn of fresh equity that is necessary for...
...The activist group has organised similar motions at Shell meetings since 2016 but support for the upcoming resolution has drawn the largest number of investment managers, said Follow This founder Mark van...
...BP has named Aviva’s chief executive Amanda Blanc as its next senior independent director in the first major shake-up of the energy company’s board since it oversaw the departure last year of boss Bernard...
...Arnault’s youngest son, 25-year-old Louis Vuitton watch director Jean, is expected to join his siblings on the board in due course, according to people close to LVMH....
...Calpers, the largest pension plan in the US with $452bn in assets, had total fund leverage of 8 per cent as of June 2023, which included what the fund described as “active” and “strategic” leverage....
...John Graham, president and chief executive of the Canada Pension Plan Investment Board, which has C$576bn (£337bn) in assets, told the Financial Times he was opposed to “any constraint on portfolio construction...
...Port Talbot is not a defence producer, and supporters of Tata’s plan argue it makes UK industry overall more resilient. Blast furnaces use iron ore and coal, which the UK has to import....
...Brasília also has some sway over Previ, the pension fund of state-controlled Banco do Brasil, which is Vale’s biggest individual shareholder with two seats on the board....
...For Mick McAteer, co-director of the Financial Inclusion Centre and a former board member of the Financial Conduct Authority, this is a problem....
International Edition