Investment Association calls for pay-ratio disclosure among FTSE 350 in a bid to foster greater simplicity and flexibility of pay structures.
The UK's Investment Association (IA) has urged FTSE 350 public companies to publish chief executive pay and compare it with average employee earnings.
The IA, which represents £5.7tn in funds, wrote an open letter to remuneration committee chairmen, warning that the current political and economic climate meant that pay would receive a lot of attention at next year’s AGMs.
The letter states that the IA has now rewritten its own Principles of Remuneration, in line with the Executive Remuneration Working Group's recommendations t
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