December 4, 2022

UK’s prime fund managers inform FTSE firms to rein in CEO

UKs top fund managers tell FTSE companies to rein in

UKs top fund managers tell FTSE companies to rein in

The UK’s prime fund managers have advised firm boards to maintain pay for chief executives and different senior managers “in test” this 12 months to replicate the ache being inflicted on a lot of their workers by the price of dwelling disaster.

In a letter to the heads of remuneration at FTSE-listed firms, the Funding Affiliation, which represents British fund managers, known as for restraint on govt wage will increase this 12 months as many UK households wrestle financially.

The letter, which…

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