Strategic Report
Governance Report
Financial Statements
Company Financial Statements
Remuneration Committee The members of the Committee as at the end of the FY25 reporting period are John Linwood as Chair, Dagmar Kershaw, Robert Burgess and James Rawlingson. Maarten Slendebroek attends the Committee, but is not a member.
There were five scheduled Committee meetings during FY25, with members also attending a number of additional ad hoc meetings. Members’ attendance of scheduled meetings is set out in the summary table on page 70.
The full responsibilities of the Committee are set out in the Committee’s Terms of Reference, which are reviewed annually and are available on the Group’s website. During the year, the Committee received independent advice from Korn Ferry (UK) Limited (“Korn Ferry”). Korn Ferry were appointed by the Committee in FY23 and provided advice in relation to remuneration market trends, executive incentive design,
director market benchmarking and Main Market remuneration policy guidance. Fees were charged on a retained basis, with the total fees paid to Korn Ferry in respect of its services to the Committee being £17,000 + VAT for the FY25 reporting period. No other services were provided by Korn Ferry during the year, and the Committee is satisfied that the advice received is objective and independent.
Implementation of the policy in FY26 Overview of the implementation of Remuneration Policy in the year FY26
CEO Andrea Montague
CFO Katherine Jones
Base Salary
£473,800
£386,250
Pension and ancillary benefits
Pension contribution initially 6% of salary, increasing to 9% at 1 January 2026 – aligned to the wider workforce Taxable benefits relate to the provision of medical insurance benefit
Annual bonus
• Max: 150% of salary • Performance conditions: Gross revenues (20%), net (organic) flows as a % of opening FUM (20%), underlying PBT (6.6%), underlying PBT margin (6.6%), cost/income ratio (6.6%), and non-financial strategy, client, people and risk objectives (40% in total)
Long-Term Incentive Plan
• Annual grant: 200% of salary • Performance conditions to be disclosed in autumn 2025 at time of grant.
Brooks Macdonald Group plc Annual Report and Accounts 2025
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