A common theme, however, remains: we know that fair, transparent and responsible remuneration practices deliver higher returns for shareholders and clients alike.
Ultimately, by reducing irresponsible behaviour, the shift in pay structures will, at a high level, result in fewer fines and the re-establishment of respect for the tarnished financial services sector. The reforms will foster a more accountable and accessible financial services industry that shareholders and the public alike are rightly demanding.
Article continues after advert
Barry Olliff is chief executive of the City of London Investment Group
Page 2 of 2
