David Ball
REMUNERATION POLICY
18th January 2012
REMUNERATION POLICY
The firm is required to disclose certain information each year under FSA regulations concerning remuneration policy. The information below relates to the 12 month period ending 31 December 2011. Information will be next be updated in January 2013.
The controllers of the business; David Ball, Paul Quaid and Andrew White, are responsible for determining remuneration policy. This is done through monthly business strategy and planning meetings. Risks are considered and an appropriate retention of profits is made to provide for a surplus position against our required capital adequacy level.
Certain of our staff are entitled to receive a bonus based on their performance. However, this is conditional upon quality conditions being met.
