Investment Association publishes updated Principles of Remuneration

  • Corporate Governance  Image

28 Nov 2018

The Investment Association (IA) has published its updated Principles of Remuneration ("the Principles").

This remuneration guidance sets out its members’ views on the role of shareholders and directors in relation to remuneration and the manner in which remuneration should be determined and structured.

Updates to the Principles, which have been made due to make the Principles "cleaner and sharper" and to reflect the new UK Corporate Governance Code and developing best practice.

Additionally the IA has issued a letter to Remuneration Committee chairmen highlighting key aspects of the Principles that its members have asked to be re-emphasised to companies. These areas include:

  • investor and remuneration committee relations;
  • shareholder engagement;
  • new reporting requirements;
  • levels of remuneration; and
  • pay for performance.

The press release, revised Principles of Remuneration and letter to the chairs of Remuneration Committees are available from the IVIS website.

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