Remuneration in financial services: lessons for UK plc

The flood of headlines on executive pay and rewards for failure continues unabated and the remuneration of the directors of UK-incorporated quoted companies, and bonuses in the banking sector, are the key topics under the microscope. However, the financial services sector has already taken steps to address the issue of excessive rewards for poor performance, principally through the Financial Services Authority’s Remuneration Code.

Philip Bartlett and Judith Hogarth, Simmons & Simmons LLP

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