Investors protest against new pension arrangements for Standard Chartered CEO

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The Board of Standard Chartered plc presented new remuneration policy, which includes changes in calculation of pension for top executives. Chief Executive Bill Winters is set to receive the highest pension contribution of any chief executive of the biggest listed banks in the UK (20% of his total salary). This pension contribution comes as a result of a controversial change of calculation methodology by the Bank.

The Financial Times, David Crow and Attracta Mooney, July 15th 2019