UK - Corporate governance experts have accused top firms of only paying lip service to the Higgs combined code on the transparency of directors' pay packages.
The code requires all directors to have a maximum rolling contract of 12 months but analysts say many new contracts have introduced a termination fee equivalent to one year’s salary. Proxy votin...
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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
