Pirc, the investor activist body, has recommended to shareholders that they
reject a remuneration plan for HSBC executives that could see finance director
Douglas Flint earn up £25m.
The scheme, according to the Financial Times could also see chief executive
Mike Geoghegan pocket around £36m.
The sheme, to be considered at the bank’s agm on Friday, covers annual
bonuses and long-term incentives that could see executives receiving up to 12
times basic every year for the next three years.
The Association of British Insurers has expressed concern in the past on
remuneration by issuing one of its ‘amber alerts’.
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Smaller businesses could be excluded from government plans for making business transactions digital, found new research from ICAEW
Further powers are being sought by HMRC, but it is ‘failing’ to use those it already has, such as Conduct Notices, says RPC
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live