UK - Two Compass directors have had their pensions increased to 10 times the proposed £1.4m lifetime savings cap.
Chairman Sir Francis Mackay’s pension is now worth £13.7m, a rise of £2m, while chief executive Michael Bailey’s fund has increased by over £1.5m to £13.6m. Both increases would have exceeded th...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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