As we previously reported, the guidelines on executive remuneration (formerly known as the ABI guidelines) have now come under the auspices of the Investment Association (“IA”). As usual at this time of year, the guidelines (or principles, as we should now call them) have been dusted down. The only substantive change to the principles is that long-term incentives … Continue Reading
Without any FTSE100 companies’ DRRs being published or AGMs being held last week, interest in UK executive compensation activity came from a couple of other notable events. The World Cup, Wimbledon, the Tour de France, the British Grand Prix – and the approval of Mike Ashley’s incentive plan! – were all important sporting events taking … Continue Reading
Fidelity has issued a reminder (as reported by The Independent) that it expects shares obtained through UK LTIPs to be retained for at least 5 years from the grant of an award, even if the award vests after 3 years. There’s nothing new in this (see our previous post), but it will be interesting to see how Fidelity takes … Continue Reading
