Executive pay made more challenging by SII changes

Solvency II has made senior executives' remuneration
requirements more onerous, according to a survey of financial
services chairman and CEOs by executive search firm Per Ardua
Associates.
The survey found that 69 percent of insurance respondents said
that Solvency II Article 275, which addresses executive and board
pay, had made the process of determining remuneration more
onerous.
The firm further outlined the consensus view of interviewees
that the regulations had shunted companies' remunerat