07 November, 2006

More new roles for FCs

Just a quickie: Finance Week reports that Chrysalis financial controller Simon Winder is now a trustee of the company’s pension fund. These days, the group FD role is seen as incompatible with trusteeship, so I guess that makes sense. But as FC, Winder will still have some some conflicts - most notably if he's a member of the scheme and certainly if (or when) he gets a few share options. Pensions: it's a minefield.

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