The UK’s asset management trade association, The Investment Association (IA) last week released a statement of principles which they believe should determine directors’ remuneration in the UK – although if you were not aware of this you can be forgiven.…
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The Manifest – MM&K Annual Survey of Executive Pay shows that the Shareholder Spring has clearly had an effect on remuneration committee thinking. This has been galvanized by regulatory intervention to reinforce investors actions. However, the single figure “a…
As we tweeted last week it’s AGM season, so that means it’s time for more consultations. Consultations are generally a good thing, even if the timing is a little inconvenient for shareholders. This article takes a look at the key …
As we approach the season of goodwill to all (wo)mankind, our thoughts often turn to those less fortunate than ourselves, and how we might achieve a better world with what we have to share. It’s a tradition that stretches well …
Read MoreMany column inches were dedicated to the news that Angela Ahrendts, Chief Executive of Burberry, is quitting to join Apple next year. It’s got us reflecting on where is the real story here, especially from a governance perspective.
The Burberry …
Read MoreGuest post by Damien Knight of MM&K
At last, ‘quoted companies’ (i.e. UK incorporated companies with a listing on a main exchange) are faced with the full reality of the UK Government’s new regime for directors’ remuneration reporting and binding …
Read MoreEven more than its predecessors, Manifest and MM&K’s Total Remuneration Survey 2013 (May edition) deservedly earned headlines and an impressive array of coverage in the press after the launch earlier this week (even making it into Vogue, which …
Read MoreThe Association of British Insurers have published the 2012 update to their Principles of Remuneration, with a number of key changes focusing on simpler remuneration structures while offering flexibility for special cases. Two new paragraphs have been inserted in the …
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What should directors be paid? When and how to motivate for sustainable returns are key questions for remuneration committees and shareholders alike. On the face of it they are easy questions to ask but good answers require …
Read MoreAre executive pay peer group benchmarks the new credit ratings?
New research from the Investor Responsibility Research Centre Institute (IRRCi) suggests that over-dependence on peer group benchmarking for setting executive pay is the root cause of pay inflation in the …
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