Some 60% of companies have responded to the downturn by freezing salary levels in the past year, Hewitt New Bridge Street research shows.
The 2009 FTSE100 directors' remuneration report showed the median salary of FTSE100 highest paid directors stands at £800,000. Actual bonuses earned in 2008/09 have also reduced to around 90% of salary...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.