Commenting on the High Pay Centre/CIPD report on chief executives’ pay, Ashley Hamilton-Claxton, head of responsible investment at Royal London Asset Management, said:
“We have noticed a significant increase in companies making efforts to proactively engage with us on remuneration issues. There has been a concerted effort to reduce the complexity of schemes and to align executive pensions with the workforce. This is helping drive down executive pay overall, but we still think there is work to be done to better align executive pay with the expectations of shareholders, workers and the public.”
About Royal London Asset Management (RLAM):
Established in 1988, Royal London Asset Management (RLAM) is one of the UK's leading fund management companies, providing investment management solutions to both wholesale and institutional clients such as not-for-profit organisations, local authorities and the insurance sector.
RLAM manages £130 billion of assets and employs 98 investment professionals as at end March 2019. It invests in all major asset classes including UK and overseas equities, government bonds, investment grade and high yield corporate bonds, property and cash.
For professional clients only, not suitable for retail investors.
Issued July 2019 by Royal London Asset Management Limited, registered in England and Wales number 2244297; authorised and regulated by the Financial Conduct Authority. Registered Office: 55 Gracechurch Street, London, EC3V 0RL.
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