Investors will be clamping down further on executive pension perks in a move to promote fairness and good employee relations, the Investment Association's (IA) updated annual pay guidelines for companies today reveals.
The IA’s Climate Change Position Paper, published in full today, represents the stance of the UK’s £8.5 trillion investment management industry and reflects the importance with which the industry views climate change.
“This is welcome news from the Chancellor. Financial services will be critical in driving the economy to net zero, and the launch of the UK’s first Sovereign Green Bond, combined with plans to make TCFD disclosure mandatory by 2025, are important and ambitious steps as we seek to build a more resilient and sustainable financial system."
The Investment Association (IA) has today opened applications as it seeks its fourth cohort of cutting-edge FinTech innovators for Engine, the IA’s specialist FinTech accelerator and innovation hub for the investment management industry.
Significant progress has been made on bringing executive pension contributions in line with those received by the majority of the workforce, following calls from shareholders for this alignment as an issue of fairness and to foster good employee relations.
Investment managers should come together to provide high-quality work placements for 16-24-year olds on Universal Credit, Investment20/20 said today as it announced a new initiative in support of the Government’s £2bn Kickstart scheme.
Investment managers are calling for greater transparency on ethnic diversity on boards as almost three-quarters of FTSE 100 companies failed to report the ethnic make-up of their boards in this year’s AGM season, according to data from the Investment Association (IA)*.