Themes from the 2022 AGM season
Numerous commentators expected 2022 to be a difficult AGM season
Additional pressures facing those chairing AIM Remuneration Committees
a less onerous regulatory regime and lighter time commitment compared to the main market, but not always an easier role to fulfil
Updated guidance from the Investment Association and Glass Lewis
The IA has just published its annual update to its Remuneration Principles
UK tax changes – Health and Social Care levy
Earlier this week, the UK government announced a major policy programme to enable significant funding increases for health and social care
FCA IFPR policy statement remuneration requirements
In April 2021, the FCA issued a consultation document
Reflections on the 2021 AGM season
The pre-COVID context was already challenging for Remuneration Committees
FCA consultation on Investment Firm Prudential Regime
On 19 April 2021, the FCA issued a consultation document regarding its proposals to implement the new UK IFPR
Environmental, Social and Governance (“ESG”) measures and their increasing use in incentive plans
The start of 2021 has seen a keen focus on ESG matters from investors
Some questions being considered by Remuneration Committees
Listed companies reporting early in 2021 and their Remuneration Committees are already in a period of intense activity.
Summary of Legal and General Investment Management's ("LGIM") October 2020 UK Principles of Executive Pay
Fidelity issues Covid-19 guidance
10 July 2020
Our latest executive briefing covers recent guidance issued by Fidelity International and a short note on the use of climate-related factors in executive remuneration.
Regulatory updates regarding CRD V and a new UK prudential regime for investment firms
29 June 2020
Our latest executive briefing covers two recent regulatory announcements
EBA issues roadmap and consults on remuneration requirements
10 June 2020
This briefing focuses on recent announcements by the EBA which are particularly relevant to investment firms.
Coronavirus and operating sharesave option schemes
14 May 2020
The coronavirus pandemic has also thrown up a number of significant remuneration-related challenges for remuneration committees
Summary of the Investment Association's Shareholder Expectations
27 April 2020
Summary of the IA’s shareholder expectations of executive pay during the COVID-19 pandemic
Latest coronavirus related announcements
25 March 2020
Events continue to move rapidly as a result of the coronavirus pandemic
How Remuneration Committees should respond to the coronavirus outbreak - updated
10 March 2020
19 March update to our earlier briefing
Early 2020 AGM Season Update
The recent publication of annual reports by September year-end companies marks the imminent beginning of another AGM season for FTSE All-Share companies
IASB Reporting Proposals
IASB proposes changes to the presentation and disclosure of profit
ISS Completes its Annual Round of EMEA Updates to Guidelines
ISS has now published its 2020 benchmark proxy voting policies
The IA Principles of Remuneration and Glass Lewis' 2020 Guidelines
The IA and Glass Lewis have today both published their updated guidance ahead of the 2020 AGM season.
Increased flexibility encouraged around long-term incentives
The Purposeful Company today published its Study on Deferred Shares
Updates from the IA and LGIm
The IA has today provided an update on its position on executive director pension provision in advance of it publishing its revised Principles of Remuneration in October.
Updated GC 100 guidance
The GC100 and Investor Group published on 22 July 2019 an updated version of its Directors’ Remuneration Reporting Guidance
Share buybacks are not being used make targets easier
Two years after the publication of the Green Paper on corporate governance, BEIS has just published a 151-page report on the subject
PRA letter on Solvency II remuneration expectations
On 12 July 2019 the PRA published a letter to RemCo chairs
Reviewing your Remuneration Policy
As we emerge from the cut and thrust of the 2019 AGM season, now is an opportune time for Remuneration Committees to take stock.
Brexit delay impacts remuneration reporting
The Government has now published the draft legislation which transposes SRD II into national law on 10 June 2019.
Executive rewards paying for success
The Business, Energy and Industrial Strategy (BEIS) Select Committee yesterday published a report
CRD V published in draft
On 14 February 2019 the European Council published a draft of the next iteration of the Capital Requirements Directive
November 2018 Proxy Update
Over the last week or so, each of the three main proxy firms has issued its annual guidance update.
Total Shareholder Return – an imperfect perfect measure?
In the UK, relative TSR remains one of the most common metrics used to measure company performance in long-term incentive plans
Cracking the code: the effect of the Government’s executive pay reforms
It has been a busy return to duty for remuneration committee members
Revised Corporate Governance Code
The FRC published the revised UK Corporate Governance Code on 16 July 2018
Pay ratios rules published
11 June 2018
On Monday 11 June 2018 the Business Secretary, Greg Clark, has brought forward secondary legislation to make a number of amendments on company reporting.
LGIM updated corporate governance policy
LGIM has published an updated version of its ‘Corporate Governance and Responsible Investment Policy’ for UK companies.
Gender Pay Update
Following a last minute rush, a total of 10,060 companies made a submission to the Government’s Gender Pay Gap Reporting website before the 4 April 2018 deadline.
Proposed Revisions to the UK Corporate Governance Code
The FRC has today (5 December 2017) published its proposals for a revised UK Corporate Governance Code
Gender Pay - First Data Published
At the time of writing, 76 entities have to date submitted their Gender Pay Gap Reporting information to the Government website.
BEIS August 2017
Government’s (not so) final report on executive pay
Today, the Government’s response to its Green Paper on Corporate Governance Reform was released