Low-key pension
fund that owns $4bn of UK assets
Ontario Teachers’ Pension Plan – which aims to pay the pensions of
300,00 retired and current Canadian teachers – would appear a cuddlier proposition
than some of its hedge fund neighbours, but its deal making prowess is just as
relentless.
Pension giant
lands air traffic control stake
ONE OF Britain’s biggest pension schemes has bought a stake in the
national air traffic controller Nats for £143m.
Royal Mail
sale valuation branded a debacle by CWU
Communications Workers Union calls for payments to be withheld to banks
which advised on privatisation
JP
Morgan Chase agrees record $13bn settlement charges over toxic mortgages
Bank acknowledges it made serious misrepresentations to the public over the
sale of numerous mortgage-backed securities.
Top
company bosses’ pay rising at 20 times rate of ordinary workers
Bosses of companies in Britain’s FTSE 100 index have enjoyed a 14 per cent
boost in total pay, despite rises still lagging behind inflation for the
majority of workers in this country, a report today reveals.
ShareAction:
It’s time for pension fund AGMs to give beneficiaries a voice!
A core assumption of the responsible investment community is that company
directors should be answerable to their long-term shareholders. This article
makes the case that institutional investors should, in turn, be answerable to
the underlying savers whose funds they invest.
Pensions
expert Ambachtsheer’s four-point plan for responsible investment
Responsible investment needs to focus on four areas where it hasn’t done
enough yet to move it towards a goal of long-horizon investing if it is to
become mainstream, Keith Ambachtsheer, the pensions expert, has told this
year’s PRI Academic Conference in Paris. In a keynote address,
NLRB
Office of the General Counsel Authorizes Complaints against Walmart
The National Labor Relations Board Office of the General Counsel has
investigated charges alleging that Walmart violated the rights of its employees
as a result of activities surrounding employee protests.
Is
Walmart's request of associates to help provide Thanksgiving dinner for
co-workers proof of low wages?
The Walmart on Atlantic Boulevard in Canton is collecting food for employees who can't afford Thanksgiving dinner.
Advice Colin Meech c.meech@unison.co.uk