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The Investment Association’s new Principles of Remuneration: What’s changed?

An office building is pictured in the City of London on May 29, 2024 in London, England.
Photo: Carl Court/Getty Images

Rasmus Berglund | Macfarlanes, Bronwyn van Wieringen | Macfarlanes

8 min read
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Revised Principles are less prescriptive, allowing companies to tailor remuneration arrangements to make UK a more attractive place to list.

The greatly anticipated revised Principles of Remuneration (Principles) were published by the Investment Association (IA) on October 8, 2024, signalling a move towards greater flexibility in executive remuneration structuring.

As promised in the IA’s letter to the FTSE 350 Remuneration Committee Chairs in February 2024, the revised Principles are less prescriptive and

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