Standard Life CEO pay package tops £5m

Jenna Towler
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David Nish, the chief executive of Standard Life, saw his remuneration hit £5m last year, up from about £2.5m in 2011.

The life office's annual report said Nish's basic salary was £775,000 last year but his bonus, access to the firm's long-term incentive (LTI) scheme and pension payments brought his total package up to about £5m. He got a bonus of £1.2m and will net £2.8m from the LTI scheme when it pays out in June. In 2011 he took home £2.6m. The remuneration report confirmed he would get just under a 2% increase this year, with a basic salary on £790,000. Keith Skeoch, the CEO of Standard Life Investments, was paid a total of £4.3m, with a basic salary of £425m. He got a bonus of £1.5m and LTI s...

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