The Investment Association has published its annual letter to Remuneration Committee chairs and updated Principles of Remuneration (“Principles”) for the next AGM season. Most of the changes reflect the new UK Corporate Governance Code and the Investment Association (“IA”) has updated the Principles to make them “clearer and sharper”. That certainly describes the tone taken … Continue Reading
The Investment Association (IA) has published its annual letter to Remuneration Committee chairs and updated its Principles of Remuneration (the “Principles”), and many companies will need to take action before their 2018 AGM. The IA is encouraging voluntary disclosure of CEO pay ratios in 2018 Directors’ Remuneration Reports, has introduced a new requirement to defer … Continue Reading
You may be disappointed if you were expecting consistency in the way FTSE 100 companies are reporting under the new Directors’ Remuneration Report Regulations (as The Large and Medium-sized Companies and Groups (Accounts and Reports)(Amendment) Regulations 2013 are more helpfully known). Surely, with all those rules and the endless guidance, there can’t be that much … Continue Reading