Peter Vicary-Smith, chief executive of Which

Which? spent almost 7 per cent of its income on senior pay 1

31 Oct 2014 | Kirsty Weakley

Consumers charity Which? spent just under 7 per cent of its total income on senior staff salaries, with its chief executive earning up to £340,000, according to its recently published annual accounts.


Which? spent almost 7 per cent of its income on senior pay

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YMCA pensions row referred to higher court

The pension dispute between the Hirwaun YMCA chair and the YMCA pension scheme has been referred to the Cardiff County Court to be heard by a Chancery Circuit judge.

CFDG/BDO report highlights issues for charities in proposed global standards

Charity accounts could exclude all donated goods and services under the new International Financial Reporting Standards proposed for small and medium-sized enterprises, which charities may have to comply with.

Tories emphasise payment by results

Charities will have more opportunity to win government contracts under a Conservative government, but it will also be expected to deliver much greater productivity and scale, Shadow Chancellor George Osbourne told a summit of civil society leaders yesterday.

Ministry of Justice and Social Finance pilot social investment bonds to reduce reoffending

Justice secretary Jack Straw and Social Finance have launched a social investment scheme aimed at reducing the reoffending rate of short term prisoners.

Congratulations to the RNLI - this only goes to prove that working on long term (and short term for that matter) legacies really pays dividends in the end.

» RNLI legacy income rises to record £118m

Future focus on emerging markets important, says GAM

Geographic diversification will be important to portfolios going forward, according to Charles Smyth-Osborne, head of private clients at GAM.

Ballooning inflation is set to pop for charities, warns Schroders

Inflation is currently not an issue for charities, but it is likely to be in the future, warned Giles Neville, head of charities at Schroders at the 2010 Charity Finance Investment Forum.

Social Finance asks Charity Commission for clarity on social investment

Social Finance has urged the Charity Commission to provide clearer guidance on social investment, saying current guidance prevents trustees of charitable trusts and foundations from considering social investment as a way to supplement the social impact generated from their grant-making activities.

Global economy yet to find 'the new normal'

Markets will not normalise until 2011 or 2012, with 2010 set to continue to be a year of “transition and discovery”, according to Janet Henry, an economist at HSBC.

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