Regulation  

Bonuses are fanning the flames of instability

This article is part of
Summer Investment Monitor 2017

A common theme, however, remains: we know that fair, transparent and responsible remuneration practices deliver higher returns for shareholders and clients alike. 

Ultimately, by reducing irresponsible behaviour, the shift in pay structures will, at a high level, result in fewer fines and the re-establishment of respect for the tarnished financial services sector. The reforms will foster a more accountable and accessible financial services industry that shareholders and the public alike are rightly demanding. 

Barry Olliff is chief executive of the City of London Investment Group