Analysis of UK annual remuneration reporting requirements—quoted companies and unquoted traded companies
Analysis of UK annual remuneration reporting requirements—quoted companies and unquoted traded companies

The following Share Incentives guidance note provides comprehensive and up to date legal information covering:

  • Analysis of UK annual remuneration reporting requirements—quoted companies and unquoted traded companies
  • The report
  • Overview of the influential regulations and guidance on the directors’ remuneration report
  • Key statutory requirements for the directors’ remuneration report
  • The shareholder vote
  • Annual report—directors’ pay figures
  • Annual statement
  • General remuneration policy
  • Directors’ remuneration policy—directors’ pay and contracts
  • Annual percentage change and ratio reporting
  • more

BREXIT IMPACT: The UK corporate reporting framework may be affected by Brexit. For further details of its impact, see Practice Note: Brexit—accounts and reports.

This Practice Note summarises the statutory and regulatory requirements for the preparation of a directors’ remuneration report by quoted companies and, from 10 June 2019, unquoted traded companies. These requirements do not apply to companies with shares admitted on AIM or to non-UK incorporated companies.

The tables below are broken down into sections, each of which deals with a different topic and compares the different requirements under each piece of legislation/guidelines in relation to that topic. Where a section of the table is left blank, the relevant legislation/guidance is silent on the issue in question. The table is a summary only of the legislation/guidelines, more detailed Practice Notes referred to below should also be consulted for further details.

For further information on unquoted traded companies, see Practice Note: The unquoted companies regime.

For a Practice Note summarising the main remuneration principles of the UK Corporate Governance Code, the Investment Association (IA), the Pensions and Lifetime Savings Association (PLSA) (formerly known as the National Association of Pension Funds), the Pensions & Investment Research Consultants Ltd (PIRC), Glass Lewis and the Institutional Shareholder Services (ISS) and comparing the corporate governance remuneration principles of each body in a tabular form, see Practice Note: