Wednesday, 25 May 2011

Corporate Governance - careful what you pay...

Noticed this from the ABI - alert to FTSE 350 boards to make sure they don't get too excited when catching up with executive pay after a couple of years of what one could call 'austerity' (tee hee!).

It isn't the only bit of hot topic in the UK governance world - the chairman at Prudential got a mild birching last week in protest at the failed AIG Asia bid (not unprecendented, but unpleasant I dare say). This follows a trend of dissent during the last few months (nicely collated here), and makes it that much easier to make the case for genuine debate, participation and use of the ORSA process under Solvency II.

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