Advertisement

SEO Navigation:

Advertisement

Pensions Insight

Site Search:
Advanced Search

The Pensions Insight poll

23 December, 2009

- -

Advertisement

-

Advertisement

-

Advertisement

-

Advertisement

-

Advertisement

-

Advertisement

-
Main Page Content:

Should pension funds be doing more to hold the businesses whose shares they own to account?

Your comments:

Yes: The actions of directors and managers have an impact on the financial performance of a company and any subsequent share dividend. Too often decisions are made for the short-term benefit of directors and managers rather than the long-term interests of shareholders, especially pension funds. Robert Harvey

Advertisement

Yes: Pension funds have a duty of good governance to the pension scheme members. However, the vast majority of pension schemes invest through pooled managers and have to rely on the managers exercising pressure and voting rights in respect of the companies they invest in. John Swain

Yes: Pension funds hold huge amounts of company shares and it is only right that they should demand proper governance and restrained pay and bonuses from company directors. I don’t believe that overall the public is against bonus payments to bank employees for example, but the old adage ‘A fair days pay for a fair days work’ is what they expect. Clearly if a company – bank or otherwise – is losing money, then no one should be getting enhanced pay or shares in the form of bonuses for failure, and the company directors should be held more accountable for such practices. John Paradise

Yes: Pension schemes need to look beyond the tenor of a company CEO to be certain of returns that will provide for liability in decades to come. De-risking by hedging and swaps is not sustainable. It just passes the risk to someone else for a premium. It does not eliminate the loss. Member-nominated trustee of medium size UK scheme.

Yes: Remuneration issue: to control the incestuous ‘good old boys’ club mentality of the majority of company R&A committees – including those with a majority of independent and/or non-execs on them. Keith Nunn

Maybe: There should be more education “for the masses” in order that the issues, problems and solutions can be effectively discussed. Robert Bogusz

No: This question is only being raised because of what happened to the banks. There is no way that even with a share holding of 2/3% in a bank would that shareholder understand all the risks that bank was taking – this is more a directors duty. Kevin Geeves

No: Trustees do not have the skills, resource and time to do this. Shona Harvie

Main site navigation:
Focus
Housekeeping
Main site navigation end
-

Advertisement

-

Advertisement

-

Advertisement

-

Advertisement

-

Advertisement

-

Advertisement

-
 
-
Abacus E-media
Abacus e-Media
St. Andrews Court
St. Michaels Road
Portsmouth
PO1 2JH
-

Advertisement


Advertisement


This is the end of the page