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Glass Lewis have published their 2024 UK Benchmark Guidelines. On board pay, GL reiterate that they take the Investment Association's Principles of Remuneration into consideration when applying the Guidelines since the IA is "one of the primary drivers of remuneration best practice in the UK". The additions to the 2024 Guidelines nevertheless give more details of GL’s specific approach. This briefing considers the changes to the remuneration provisions of the Guidelines.
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