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Firms fined over pension enrolment

2015-01-28 16:06:28| BBC News | Business | UK Edition

The number of firms fined for failing to meet deadlines for enrolling staff in a pension scheme has increased, figures from the Pensions Regulator show.

Tags: firms pension fined enrolment

Pension charge, lower sales slash Bristol-Myers' Q4 profit

2015-01-28 06:17:30| Biotech - Topix.net

Bristol-Myers Squibb Co. barely broke even in the fourth quarter, due to a whopping pension charge and slightly lower prescription drug sales, but the drugmaker easily beat Wall Street's muted profit expectations.

Tags: sales lower charge profit

European pension funds lobby Oracle on pay, governance

2015-01-26 06:47:00| Telecom - Topix.net

It is the latest salvo in a four-year campaign by Dutch fund group PGGM and Britain's Railways Pension Trustee Company Ltd, known as Railpen, against Ellison and his company's governance, which has so far brought no response at all from Oracle, and only limited support from other shareholders. In a letter addressed to the Oracle board that was seen by Reuters, the shareholders demanded that Oracle "address board accountability by implementing proxy access" and "implement a compensation structure that shareholders can support".

Tags: pay european funds oracle

European pension funds lobby Oracle on pay, governance

2015-01-26 05:45:21| IT Services - Topix.net

Two European pension funds have written a letter to Oracle Corp complaining about leading shareholder Larry Ellison's large influence over the U.S. business software company and urging it to allow outsider shareholders a greater say in the company's unpopular pay policies. It is the latest salvo in a four-year campaign by Dutch fund group PGGM and Britain's Railways Pension Trustee Company Ltd, known as Railpen, against Ellison and his company's governance, which has so far brought no response at all from Oracle, and only limited support from other shareholders.

Tags: pay european funds oracle