The PRA is consulting on new rules governing the ‘buy-out’ of deferred bonus awards by new employers. The new employer must operate malus and/or clawback on buy-outs on the former employer’s instructions.
BLP is responding to the Consultation Paper on behalf of interested clients and we are keen to hear your views. To ensure your anonymity, we will pool the feedback, our response will be in BLP’s name, and you will not be identified.
In order to meet the consultation deadline, we ask that you respond by 16 March 2016.
You can complete our short survey by clicking here. It will take you no longer than 10 minutes.