Fund buyers have identified clear advantages and disadvantages of offering bonus schemes for investment staff, as they respond to Neil Woodford's decision to move to a flat salary approach at his firm Woodford Investment Management.
Woodford (pictured), founder and fund manager at Woodford IM, has made the decision to scrap staff bonuses in favour of flat salaries. The thinking behind the move is it will help staff to avoid short-termism,...
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After 14-month FAS programme
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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