Remuneration

Leaders Need to Set an Example Over Pay

The Daily Mail ran an excellent story on bankers pay and dividends, see https://www.thisismoney.co.uk/money/markets/article-8177511/Now-bonuses-bankers-told-Industry-fire-pay.html They rang me about it and ShareSoc got a name check - Cliff Weight, director of shareholder organisation Sharesoc, said: 'The regulator is not being strong enough here. A lot of bonuses are now paid out in shares and the regulator has said nothing about that.' None of Britain's major banks has yet confirmed how they will ensure executive pay appropriately reflects the pressures the industry is under. Many ...

Recent Annual Reports and Trust Discounts

After the news over the weekend, it’s clearly going to be another very bad day on stock markets. One rare riser initially was Ten Entertainment Group (TEG) despite the...

ShareSoc Campaign has Successful Outcome at Albion

ShareSoc is pleased with the outcome of this consultation with shareholders following the shareholders 30% vote against the fee proposal at the General Meeting in August 2019. This shows:...

Slater Investments Warns on Pay, and Flybe Bail-Out

Slater Investments has issued a warning to companies of their “dissatisfaction with the framework of directors’ remuneration in most public companies”. Slater Investments run a number of funds managed...

Objections to Pay at Diploma and the Cost of Zero Carbon

My previous blog post covered the subject of criticism by Slater Investments of many current pay schemes. That at Diploma (DPLM) is a typical example. But at their Annual...

Directors’ and Fund Managers’ Pay is Excessive

On the latest data, the pay of FTSE-100 CEOs has fallen slightly. A report from the CIPD and High Pay Centre notes that the average pay has fallen from...

Albion Capital Group LLP Partners’ 67% pay increase

Albion Capital Group LLP have recently disclosed their average pay per Partner for year end 31 March 2019 was £803,000, a whopping 67% increase on the previous year (£480,000)....

FRC Fines Grant Thornton £650k, Ted Baker and Tullow

A ShareSoc member emailed us to give his view: This is terrible. Why wouldn’t the FRC name the partner and the company involved, especially when Grant Thornton has been...

One in 10 investment trust board directors have no ‘skin in the game’

By Cliff Weight, ShareSoc Director The new remuneration guidelines from the Investment Association have this to say about Share Ownership: Non-Executive Shareholding Shareholders encourage non-executive directors to own shares...

Mello Event, ProVen and ShareSoc Seminars and Lots More News

It’s been a busy last two days for me with several events attended. The first was on Tuesday when I attended the Mello London event in Chiswick. It was...