The NAPF has responded to the Department for Business, Innovation and Skills consultation on revised remuneration reporting regulations for Directors’ pay. We have long urged for restraint in setting directors' pay along with transparency and simplicity, we believe these reforms will increase transparency and aid understanding on how the company’s pay policy supports its strategy and performance. Institutional shareholders such as pension funds will expect to see companies set out sufficient and specific detail in order that they can judge the policy’s appropriateness and vote on it accordingly.

Download document