As inquiries continue into the retailer BHS – focusing on its sale last year and its large pension fund deficit – its administrators, Philip Duffy and Benjamin Wiles, managing directors at Duff & Phelps, announced that it had been unable …

Read More

The insurer and institutional investor Legal & General plc (L&G), had to correct its annual report pay figures for chief executive, Nigel Wilson, on the eve of its AGM last week (26th May).

L&G, whose investment division LGIM is active …

Read More

The German investors’ association, DSW, has tabled a shareholder resolution to be considered at next month’s AGM of carmaker Volkswagen (VW), which is proposing a special audit into the actions of its directors in respect of the ‘dieselgate’ scandal. Last …

Read More

Royal Dutch Shell experienced a relatively modest level of investor opposition to its executive remuneration report at its recent AGM with a 14% vote against, this follows the rival oil company BP’s loss of its pay vote last month. However, …

Read More

Insurer and investment company, AXA, has taken the decision to stop investing in tobacco companies, due to the public health risks of smoking.

AXA said that as a responsible investor and health insurer it had considered that increasingly healthcare was …

Read More

Environmental charity, WWF, together with Responsible Investment (RI) pressure group ShareAction, has carried out the first survey examining the RI approaches of the 20 largest Swiss pension funds. The study analysed how far pension funds invest their beneficiaries’ money sustainably …

Read More

A group of institutional investors has called on companies to assess and report their climate-related risks within their annual report to shareholders, in the interests of prudent and long-term capital stewardship.

The position paper has been signed by Natasha Landell-Mills, …

Read More

Shareholder resolutions requesting reporting on how oil companies ExxonMobil and Chevron will adapt to climate change targets received record investor backing at their AGMs last week (25th May), according to US pressure group, Ceres.

The resolution that would have required …

Read More

Achieving greater board diversity to improve company performance was the most pressing concern of respondents to the UK’s Financial Reporting Council’s (FRC) succession planning consultation.

The FRC’s feedback statement on the consultation found that respondents believed that boards as a …

Read More

British companies are losing out – potentially by over £130bn a year – because they lack clear corporate purposes that unite all stakeholders in common goals and values, according to the interim report by the Purposeful Company Taskforce, which was …

Read More