Pay has fallen by a fifth since 2014
Ratio of CEO to average worker pay has doubled since 2002
Once again, Neil Woodford and his eponymous asset management business have stolen the headlines with news the firm is scrapping staff bonuses.
Prudential is considering plans to cap fund manager pay at asset management arm M&G Investments, after bond veteran Richard Woolnough scooped £32m in two years, according to reports.
Suggested replacing incentive share awards
Nearly a third of UK executives who underperformed last year were still handed a bonus, according to the Chartered Management Institute.
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), and several colleagues have deferred taking their annual bonuses because of an ongoing review into the bungled announcement of an insurance industry investigation.