From the TUC

Pensions & Investment (page 33)

Are investors finally getting tough on executive pay?

29 Jan 2009, by in Economics, Pensions & Investment

Interesting to see international insurers and fund managers Aviva (they of the new name….) talking tough about executive pay, warning that there must be a moratorium on directors’pay rises, and criticising directors for paying ‘little more than lip service’ to employee pay and conditions.  They also raise the spectre of excessive executive pensions, urging companies…




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The CBI on public sector pensions

15 Dec 2008, by in Pensions & Investment

The CBI have joined the fray on public sector pensions. Of course they are more subtle than the Taxpayers’ Alliance and right-wing tabloids in their arguments, but they will still be seized on by all those aiming to stir up pensions envy from private sector staff understandably angry about not having a pension. And I thought it…




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Public sector pensions again

09 Dec 2008, by in Pensions & Investment, Public services

(edited December 10th as the first draft read as if written in too much of a hurry – that’s because it was)   Mary Dejevsky has a piece in today’s Independent on public sector pensions. It’s much more thoughtful than the usual media attacks on public sector pensions as while she uses the language of pensions apartheid she concludes by attacking…




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Investor pressure over human rights pays off

04 Dec 2008, by in Pensions & Investment

Here’s an interesting piece from the Responsible Investor site about the impact that pressure from major investors such as pension funds can have on corporate behaviour.  Facilities management company Sodexo has agreed to adopt a human rights policy across all their activities after investors raised serious concerns  about the treatment of people at a UK detention centre run by…




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Public Sector Pensions

28 Nov 2008, by in Pensions & Investment, Politics, Public services

There has been a sustained campaign by the Taxpayers’ Alliance and rightwing newspapers against public sector pensions. Public servants are featherbedded they say, and the future cost of providing pensions are of telephone number proportions. They seem to have made a convert in David Cameron. This is what he said in answer to questions at a…




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A consumer response to the recession

17 Oct 2008, by in Economics, Pensions & Investment, Society & Welfare

I went to an interesting seminar this morning at Consumer Focus – the new statutory consumer organisation formed from the National Consumer Council, Postwatch and energywatch. It brought together a range of organisations – unions, thinktanks, consumer and advocacy groups  – with an interest in the effects of the financial crisis and recession on wider society. Mick McAteer…




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Wall Street Chaos: Where are the owners?

15 Sep 2008, by in Pensions & Investment

The developing crisis on Wall Street will raise a long and intense debate about state regulation of the capital markets.  But the problem is not just the rules that govern trading, it is also the culture of major financial centres which in recent years has clearly become deeply irresponsible and even more herd like than in the…




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