Guidelines on executive remuneration updated

The Association of British Insurers (ABI) has published an updated version of its guidelines on executive remuneration. The newly revised guidelines take into account developments over the past year, as well as the forthcoming introduction of new International Accounting Standards.

The effect of the main amendments is to introduce:

a clarification of the view that chairmen should not receive share incentives geared to performance of the share price;
a call for greater transparency with rega... (72 more words)

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