On 27 January 2014, the Remuneration Consultants' Group published its annual review of the effectiveness of its Code of Conduct (the "Code") and the results of a biannual review of the content of the Code. The Code is voluntary and sets out the role of executive remuneration consultants and the professional standards by which they advise their clients. The Remuneration Consultants' Group was formed to develop and steward the Code. The review highlights that references to the Code in directors' remuneration reports published by FTSE 350 companies has increased by 15% since the previous review in 2011.
The review is available at: http://www.remunerationconsultantsgroup.com/assets/Docs/RCG%20Review%20of%20the%20Code.pdf
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