I do like to be working for an Association

Nearly as good as to be beside the seaside: to work for one of the Associations that(claim) to work for the good of investors. AFME (also known as the Association for Financial Markets in Europe) pays its top executive £1.7 Mio in 2018 and he is 'understood' to be in line for  £2 Mio in 2019. This is a huge number that is totally out of proportion given that staffing and pay in the sectors the AFME is representing is under pressure. The chief of the Investment Association - a lobby group that is looking after the interests of savers in a more direct fashion than the lobby for market professionals - pockets a relatively paltry£666,000 in 2018. How any of the member firms of these two lobbies can claim to protect the interests of investors/savers is difficult to imagine as they seem to be incapable (unwilling?) to keep their own houses in order.


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