UK - The Local Authority Pension Fund Forum has persuaded around 40 companies to limit directors' contracts - a move expected to cap compensation payouts.
The LAPFF said it contacted 123 companies from the FTSE350 with directors on rolling contracts as part of its shareholder engagement campaign. The LAPFF says a third now have executive directors...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
