The Investment Association - a trade body representing UK investment managers, whose members collectively manage over £5.7 trillion - has today published an updated edition of its Principles of Remuneration: see here (pdf). A short summary of the changes made in the new edition is available in the open letter sent by the IA to FTSE350 companies: see here (pdf). The IA is calling for companies to disclose pay ratios, in particular between the CEO and median employee and the CEO and other executive directors.
Monday, 31 October 2016
UK: Investment Association publishes updated Principles of Remuneration
The Investment Association - a trade body representing UK investment managers, whose members collectively manage over £5.7 trillion - has today published an updated edition of its Principles of Remuneration: see here (pdf). A short summary of the changes made in the new edition is available in the open letter sent by the IA to FTSE350 companies: see here (pdf). The IA is calling for companies to disclose pay ratios, in particular between the CEO and median employee and the CEO and other executive directors.
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