PIRC urges executive pay restraint during coronavirus crisis

James Phillips
clock
MacDougall: Few, if any, executive pay schemes are likely to be appropriate for a company in current market circumstances and the health emergency
Image:

MacDougall: Few, if any, executive pay schemes are likely to be appropriate for a company in current market circumstances and the health emergency

Pensions & Investment Research Consultants (PIRC) has urged companies to restrict executive pay in response to the coronavirus crisis.

The governance analysis organisation said that "extreme disruption" to both company business operations and financial markets was likely to be "significant and to last for a prolonged period". In a...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Defined Benefit

14% of those surveyed expected superfunds to be fully up and running in the next 12 months

Superfunds won't be ready in 2022, industry says

Majority of poll respondents doubt whether the system can get up and running

Hope William-Smith
clock 26 November 2021 • 2 min read
Border to Coast nears £35bn with multi-asset credit fund

Border to Coast nears £35bn with multi-asset credit fund

Commitments total around £1bn higher than originally anticipated

James Phillips
clock 25 November 2021 • 1 min read
Falling yields add half a year to buyout timeframe

Falling yields add half a year to buyout timeframe

But FTSE 350 schemes are on average just over a decade from a full insurance solution

James Phillips
clock 25 November 2021 • 2 min read