Updated Principles of Remuneration -
On the 9 October 2024, the Investment Association (‘IA’), a trade body for UK investment managers, published the Principles of Remuneration (the Principles). IA members are significant investors in UK listed companies and are as investors, responsible for £9.1 trillion assets under management. The Principles, outline the IA members views on the widely accepted approach to executive renumeration for the majority of companies.
The revised Principles reiterate that they are to serve as guidelines and should not be taken as outlining prescriptive rules. Instead, the revised and simplified principles seek to foster good practice, align with investor expectations and support a competitive market environment.
Please see full publication below for more information.
