Government plans to tackle executive pay - NAPF comment

The National Association of Pension Funds (NAPF) commented on Government plans to tackle executive pay which were set out by Business Secretary Vince Cable today (Mon).

Joanne Segars, NAPF Chief Executive, said:

“As major institutional investors, the NAPF welcomes today’s announcement from Vince Cable, which is in line with much of what we have been arguing for.

“Greater transparency and simpler pay structures are a must. Boiling all the pay awards and bonus options down to a single figure will help shareholders hold executive pay up to the light.

See full Press Release.