IA creates working group to 'simplify' investment group pay structures

Concern firms could suffer 'reputational damage'

Natalie Kenway
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The Investment Association(IA) has created a working group, with members including Newton Investment Management CEO Helena Morrissey and L&G group chief executive Nigel Wilson, to propose measures that will "radically" simplify pay structures for management teams.

The association said it is concerned investment firms could suffer "reputational damage" as complex pay structures could lead to a lack of clear incentives for boards and executives to act in the b...

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