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ANNUAL GENERAL MEETING 14 JUNE 2017 TRACEY GRAHAM CHAIRMAN OF THE - - PowerPoint PPT Presentation
ANNUAL GENERAL MEETING 14 JUNE 2017 TRACEY GRAHAM CHAIRMAN OF THE - - PowerPoint PPT Presentation
ANNUAL GENERAL MEETING 14 JUNE 2017 TRACEY GRAHAM CHAIRMAN OF THE TRACEY GRAHAM REMUNERATION COMMITTEE COMMITMENT TO OUR PEOPLE Royal London AGM 2014 11 June 2014 3 ROYAL AL LON ONDON DON ROADS ADSHO HOWS WS Royal London AGM 2014
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3 11 June 2014 Royal London AGM 2014
COMMITMENT TO OUR PEOPLE
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4 11 June 2014 Royal London AGM 2014
ROYAL AL LON ONDON DON ROADS ADSHO HOWS WS
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5 11 June 2014 Royal London AGM 2014
COM COMMITM MITMENT ENT TO O OU OUR R PE PEOP OPLE LE
PAY AND REWARD Simple and fairly applied LEADERSHIP Quality, consistent experience PERSONAL DEVELOPMENT Grow and build a career
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6 11 June 2014 Royal London AGM 2014
DIRECTOR REMUNERATION
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7 11 June 2014 Royal London AGM 2014
REMUNERATION REVIEW
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8 11 June 2014 Royal London AGM 2014
REM REMUN UNERA ERATIO TION N REV REVIEW IEW OBJ OBJECT ECTIVES IVES
MAXI MAXIMIS MISE E ALIGNM ALIGNMENT ENT with Members and Policyholders SIM SIMPLIFY PLIFY to improve understanding REGULA REGULATOR ORY Y COMPLIANCE COMPLIANCE
- f our
remuneration policy
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9 11 June 2014 Royal London AGM 2014
REMUNERATION REVIEW OUTCOME
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10 11 June 2014 Royal London AGM 2014
REM REMUN UNERA ERATIO TION N PO POLICY LICY AIMS AIMS
ALIGNMENT OF EXECUTIVES’ INTERESTS with Members and Policyholders SUPPORT DELIVERY OF GROUP STRATEGY while adhering to risk appetite ENSURE REMUNERATION IS COMPETITIVE to attract and retain talent NEW: ENSURE FAIR OUTCOMES For our people, members and policyholders
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11 11 June 2014 Royal London AGM 2014
PACKA CKAGE GE ST STRUCT UCTURE URE
Base Salary Pension Benefits Short-term Incentive Plan Long-term Incentive Plan
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12 11 June 2014 Royal London AGM 2014
CHANGES TO OUR REMUNERATION POLICY
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SUM SUMMAR MARY Y OF OF POLICY POLICY CHANG CHANGES ES
13 Royal London AGM 2014 Increase the deferral in the Short-term Incentive Plan. Combine two profit measures used in the scheme. Ensure all elements have a weighting of at least 10%. Simplify the Long Term Incentive Scheme, EEV unit holding requirements and number of measures. Use shadow risk-adjusted profit measures to broaden the risk data points.
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14 11 June 2014 Royal London AGM 2014
GROUP PEOPLE ACCREDITATION
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15 11 June 2014 Royal London AGM 2014
WOME OMEN N IN IN FIN FINANCE ANCE CHAR CHARTER TER
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16 11 June 2014 Royal London AGM 2014
LIVING LIVING WA WAGE GE EMP EMPLOYER YER
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17 11 June 2014 Royal London AGM 2014