So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
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At present, not a single oil and gas major is aligned with Paris-consistent emission reduction targets or investment levels more than five years after the landmark climate accord was ratified by nearly 200 countries. The agreement is widely recognized as critically important to avoid an irreversible climate crisis.
Norway s Equinor and U.S. oil producer ConocoPhillips will hold their respective annual shareholder meetings on Tuesday. The annual general meetings of the U.K. s BP and U.S. refiner Phillips 66 will take place on Wednesday, with U.S. oil major Chevron due to hold its AGM on May 26.
In a first for the industry, Anglo-Dutch oil giant Royal Dutch Shell will put its own net-zero transition plan to its shareholders on May 18. The so-called advisory vote, while non-binding, is likely to be closely monitored by those inside and outside the energy sector amid deepening concern about the industry s stubborn dependency on fossil fuels.
Toyota Investors Criticize Akio Toyoda s Posture About EVs
May 11, 2021 at 10:01am ET ++ Toyoda warned again against a combustion engine ban in Japan.
Toyota shareholders are worried that Akio Toyoda may harm the company’s future when he criticizes combustion-engined car bans in Japan. The company’s CEO – who is also the head of the JAMA (Japanese Automobile Manufacturers Association) – warned the country could “lose its strengths” if it kept planning to stop sales of these vehicles.
Toyoda said that in a meeting of JAMA and as the head of the association. As some readers warned us, that does not mean he is saying so on behalf of his company but rather in the name of all manufacturers in the association, which is an important difference. He may be defending the companies that cannot make the shift, even if Toyota is preparing for it.
Toyota s Akio Toyoda criticized for questioning combustion car ban autoblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoblog.com Daily Mail and Mail on Sunday newspapers.