Diversity on the agenda as industry welcomes succession planning scrutiny

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Handing over top jobs to the next generation

Clearer guidance on succession planning for boards is needed across the insurance industry, with analysts and industry players agreeing the Financial Reporting Council’s discussion paper on the issue is a timely step.

The FRC's paper, published last week (27 October), put a range of factors under the microscope in a bid to define ‘best practice', from encouraging diversity to planning for non-executive appointments

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