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…
After hours of debates and hundreds of amendments, the Pensions Act 2008 made its way onto the statute book this week. During the discussions Ministers made it clearer than ever that they see responsible investment and engagement as being perfectly in line with pension trustees’ legal duties:
The annual TUC PensionsWatch report, out today, finds that the credit crunch is yet to hit senior directors’ pension plans. The report looks at the pensions of directors in 102 top UK firms and finds that the average director can look forward to retiring at 60 on a pension of around £200,000: 25 times the national…