RLAM CIO calls for forward-looking company reports on pay

Forward-looking company reports on pay and bonuses should be introduced to help resolve concerns over large rewards, Robert Talbut, chief investment officer of Royal London Asset Management has proposed.

Talbut told the Financial Times forward-looking reports, which state the planned value of an executive's remuneration in the coming year rather than that awarded in the past year, would mean "shareholders know what to expect, and can do something about it, rather than having to react to what has already occurred". Vince Cable, business secretary, is seeking ways to curb what he calls "outrageous" pay awards for corporate bosses. Talbut, a member of the independent High Pay Commission, said companies should be required to state the planned value of an executive's remuneration in the co...