Saturday, January 20, 2007

ABI launches new and simplified remuneration guidelines


The ABI today launched a new and simplified version of its remuneration guidelines. The new format is based on five key principles and provides greater clarity, while still containing the technical guidance that specialists require.

Peter Montagnon, the ABI’s Director of Investment Affairs, said:

“Over the years the guidelines have become too focused on the needs of specialist consultants and advisers. We have chosen the new format to give them broader reach. In particular, we hope they will help Boards understand how shareholders feel remuneration can be more effectively aligned to performance”.

See full Press Release.