This update is based on around two-thirds of FTSE 100 companies that have published their annual report and accounts to date (from September 2018 year-end onwards).
Although only a fifth of companies have tabled or are tabling a new Policy for approval, we have seen changes implemented by a number of early adopters in response to the UK Corporate Governance Code and new disclosure regulations which apply from 2019. These changes include reductions to Directors' pensions and the introduction of post-employment shareholding guidelines, observed alongside a continuing theme of restraint.
While AGMs are on-going, we have also provided a summary of proxy agency recommendations, AGM voting out-turns and governance developments in this update.
See our trends update by selecting ‘Download’ above, or below to find out more.