Directors and managers at HSBC have been awarded £7.1m in shares under so-called fixed pay allowance arrangements which comprise of employees' fixed remuneration for 2014.
The biggest award was granted to the CEO of global banking and markets Samir Assaf, who received a total of 240,318 shares valued at £6.27 per share and worth more than £1.5m. Assaf subsequently sold...
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.