There should be a ‘clear rationale’ that aligns remuneration with a firm’s purpose, values and goals, says the Investment Association.

Investment Association reveals the inadequacy of audit assessment in most FTSE 100 companies, with only 8% measuring up.

CofE cites ‘disconnect’ in top pay; do purpose statements work?; banks and their governance mentions; Big Three fund managers ‘deferential’.

A new stewardship code for investors seeks to answer criticism that it was too focused on policy with little attention to outcomes.

The Investment Association has written warning letters to 32 “repeat offender” companies who saw revolts over the same issues for two years running.

The Investment Association releases its review of remuneration principles, warning FTSE350 companies that it expects the trend for toning down pay awards to continue into next year.

ICSA and Investment Association develop guidelines for improving boardroom understanding of employee and stakeholder concerns.