The Financial Conduct Authority (FCA) has published its Policy Statement 21/24 (PS 21/24) which contains its rules on climate change disclosures. These rules affect asset managers, life insurers and FCA-regulated pension providers and requires them to make mandatory disclosures regarding how they take climate-related matters into account in their management or administration of assets on…

February 10, 2022 Read more >

On Wednesday 9th February, Paul Norris, CEO of MM&K joined an expert panel at the London Stock Exchange, alongside First Flight Non-Executive Directors, Board Excellence and Women on Boards to discuss who would want to be a NED in light of the findings of Life in the Boardroom MM&K’s latest iteration of our biennial survey…

February 9, 2022 Read more >

Live webinar – Wednesday 9th February 2022 12:00-13:00 (GMT) Register Join us for this live webinar on Wednesday 9th February at 12:00-13:00 (GMT) where MM&K’s CEO Paul Norris, together with an expert panel from the London Stock Exchange, First Flight Non-Executive Directors, Board Excellence and Women on Boards, will discuss the increasingly demanding and evolving role of NEDs…

February 3, 2022 Read more >

On 16th and 17th November, Nigel Mills and Stuart James both attended and spoke at the CFOs/COOs Europe Forum organised by PEI Media, probably the first big conference aimed at this particular audience that has been held in person, since 2019.  The conference was well attended with over 160 delegates, most of whom were either…

December 8, 2021 Read more >

On 18th November 2021, the Investment Association (IA) wrote a letter to the chairs of the remuneration committees (Rem Com) in the FTSE 350 outlining its updated principles of remuneration and highlighting IA members’ focus areas for the 2022 AGM season. The main changes to the IA principles are as follows: General Guidelines Levels of…

December 7, 2021 Read more >

It is a known fact that employee turnover has a negative financial effect on companies; mainly due to the amount of effort and cost that goes into recruiting and training new employees, as well as the impact on those remaining employees who must cover for those who have left until they can be replaced. Thus,…

December 7, 2021 Read more >

The UK inflation rate increased to 4.2% in October, the highest rate in almost 10 years, driven primarily by the demand for oil and gas pushing energy prices up, supply problems caused by a shortage of goods, and government aid during the COVID-19 pandemic. But how is this likely to affect people, and are expected…

December 7, 2021 Read more >

When the dictionaries are updated for the words and phrases of 2021, it is a sure bet that “hybrid working” will be on the list.  But what does this phrase really mean? At its heart, it is an acknowledgment that how we think about people working has to be confronted. Yet, what is equally obvious…

December 7, 2021 Read more >

The High Pay Centre (HPC), earlier this month published a report on the pay-outs under Long-Term Incentive Plans (LTIPs) and bonuses for CEOs of FTSE 100 companies. The findings showed that those incentive plans often pay out a high proportion of their maximums, so the report argues that these plans are failing their key purpose…

December 6, 2021 Read more >

We are delighted to be sponsoring the PEI CFOs & COOs Forum, taking place 16-17 November in London. The forum caters to CFOs and COOs from private market funds from across Europe, with 130+ buy side attendees expected to network in person and discuss the key themes, challenges and strategy for leading industry decision makers.…

November 9, 2021 Read more >

We are delighted to announce that we have just published our latest MM&K PE/VC Compensation Report which sets out our findings from our 2021 survey of the UK and European private equity, venture capital, infrastructure and real estate fund management industries. The survey covers both short-term and long-term aspects of pay and incentive practice in…

November 4, 2021 Read more >

UK companies with a premium listing are bound by the UK Corporate Governance Code (UKCGC). According to the UKCGC the “remuneration for all non-executive directors should not include share options or other performance-related elements.” This explains why NEDs in the FTSE 100 do not participate in options or LTIPS and, probably, why only a small…

November 4, 2021 Read more >