This page tracks the proportion of FTSE companies complying with new requirements around aligning Executive Director pension contribution rates with the broader workforce and introducing post-employment shareholding guidelines.
In particular, we track compliance with the Investment Association's stated position on these new requirements:
For new Executive Director appointments:
New Remuneration Policies should make it explicit that any new appointees will have their pension contributions set in line with the pension contributions provided to the majority of the workforce; and
New appointees from 1 March 2019 should have pension contributions no higher than the pension contributions provided to the majority of the workforce.
For incumbent Executive Directors:
Reports will be highlighted where current Executive Directors receive a pension contribution of 25% of salary or more
On post-employment shareholding guidelines:
New Remuneration Policies should include a post‑employment shareholding requirement in line with the Investment Association Principles (i.e. the lower of actual shareholding on cessation and the in-post shareholding guideline, for two years).