Trade Unions Staff Pension Funds Walk the Walk!

The TUC and its two largest affiliated unions, UNISON and Unite, this week launched Trade Union Share Owners – a new group which aims to put union values at the heart of the world of corporate governance, with a new approach to the way in which their investments are voted on at company AGMs. For the first time in the history of the UK, workers capital has a leadership voice in the corporate world:
http://www.tuc.org.uk/economy/tuc-22042-f0.cfm

Private sector feeding frenzy on public service carcass

Media hysteria about overpaid council chiefs, unaffordable public sector pensions and the need to cut the ‘deficit’ were put firmly into context by a sympathetic Channel 4 Dispatches entitled Britain's Secret Fat Cats: http://www.channel4.com/programmes/dispatches/episode-guide/series-84/episode-1

US unions win historic victory - gaining new shareowner rights to challenge executive pay‏

Investors have won enhanced powers to challenge runaway pay packets and poor management at the top of the US business world under contentious rules approved today that make it easier for shareholders to unseat directors of Wall Street-listed companies: http://www.guardian.co.uk/business/2010/aug/25/investors-boardroom-pay

UNISON Active Analysis - Pension fund members must speak out more on the economy‏

UNISON has for the last three years running a Capital Stewardship Programme, trying to explain to our members that their pension funds own the economy. A new stewardship code has been launched by the government which gives pension fund members more power over their savings which are invested in the economy. Ruth Sutherland of the Observer points out the key issues that are covered by the code. http://www.guardian.co.uk/business/2010/jul/04/pension-funds-corporate-governance-investors