Slaughter and May has been appointed to advise the Government in its ongoing attempts to reduce former Royal Bank of Scotland (RBS) chief executive Fred Goodwin's controversial pension payout. The magic circle firm is advising UK Financial Investments (UKFI)- the Government-owned company set up last year to manage its shareholdings in banks - as it bids to reduce the £650,000 a year payout agreed before Goodwin's early retirement in October last year.
March 02, 2009 at 05:18 AM
1 minute read
The original version of this story was published on Legalweek
Slaughter and May has been appointed to advise the Government in its ongoing attempts to reduce former Royal Bank of Scotland (RBS) chief executive Fred Goodwin’s controversial pension payout.
The magic circle firm is advising UK Financial Investments (UKFI) – the Government-owned company set up last year to manage its shareholdings in banks – as it bids to reduce the £650,000 a year payout agreed before Goodwin’s early retirement in October last year.
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