A government minister has joined the growing number of voices expressing concerns about Money Advice Service chief executive Tony Hobman's remuneration package.
In December, MPs on the Business, Innovation and Skills (BIS) Committee said his pay before benefits of £250,000 a year created a perception of "extravagance" at a time of pay restraint and called on the government to raise the issue with the Financial Services Authority (FSA). Speaking to Credit Today, business minister Norman Lamb questioned whether Hobman (pictured) deserved the remuneration package. "I have a question mark over whether one can justify that level of salary when you compare it with the Prime Minister and so forth," he said. "It is not for me to reach conclusions on ...
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