Remuneration Consultants Group Limited

What Remuneration Consultants Group Limited does

Remuneration Consultants Group Limited (RCG) is a UK-based voluntary professional standards body, established in 2009, that administers a voluntary Code of Conduct governing the role and conduct of executive remuneration consultants advising UK premium listed companies. The organization's sole product is the Code, which sets the professional standards that member firms and their clients (Remuneration Committees or executive management) are encouraged to use as the basis for agreeing terms of reference. The RCG is not a trade body; its exclusive function is to steward and periodically revise the Code through triennial reviews (conducted 2011, 2013, 2015, 2017, 2020, 2023) and annual effectiveness reviews (most recently December 2025). The Code is published on the RCG website and made freely available for download to all stakeholders.

The membership comprises the overwhelming majority of executive remuneration consultancies active in the UK premium listed market, including Alvarez & Marsal, AON, Deloitte LLP, Ellason LLP, Farient, FIT Remuneration Consultants, h2g Remuneration Advisory LLP, Korn Ferry, KPMG, Mercer, MM&K Limited, PwC, and wtw. Membership eligibility extends to any consulting firm or individual advising at least one UK premium listed Remuneration Committee. Governance rests with a Board comprising an Independent Chairman, two Independent Non-Executive Directors, and elected Member Directors. Alun Griffiths serves as Independent Chairman from January 2025, Pamela Coles as Independent Non-Executive Director from June 2024, and Annette Kelleher as Independent Non-Executive Director from January 2025. Hilary Ross-Smith acts as Company Secretary and Compliance Officer.

RCG is incorporated as a private limited company under English law with no parent company, no external investors, and no venture capital or private equity backing. It does not operate as a commercial enterprise, has no clients or customers, and derives no commercial revenue from products or services. Its establishment and role were recognized in the Walker Report published in November 2009, which remains the foundational reference for the body's authority. The RCG complies with the UK GDPR and the Data Protection Act 2018, though it processes only limited personal data relating to directors, the secretary, and stakeholder contacts.

Name

Remuneration Consultants Group Limited

Legal name

Remuneration Consultants Group Limited

Website

https://remunerationconsultantsgroup.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Remuneration Consultants Group Limited (RCG) is a UK voluntary professional standards body, founded in 2009, that administers a Code of Conduct for executive remuneration consultants advising UK premium listed companies, with members including most major UK remuneration advisory firms.

Ownership category

akta.pro rank

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others, Marketing or Sales

Distribution channels1 record

Marketing channels3 records

Core offering

RCG administers a voluntary Code of Conduct that sets out the role of executive remuneration consultants and the professional standards by which they advise UK listed companies' Remuneration Committees or executive management. The organization stewards and develops the Code, conducting triennial reviews led by the Independent Chairman and Non-Executive Directors, and annual reviews of effectiveness. The Code and related documents are made freely available for download from the RCG website.

Product overview

Remuneration Consultants Group Limited (RCG) is a professional standards body, not a traditional product company. The RCG was formed in 2009 to steward and develop a voluntary Code of Conduct for executive remuneration consultants advising UK listed companies. The organization administers the Code of Conduct as its sole product/offering, conducting triennial reviews and annual effectiveness reviews. The RCG also provides downloadable resources including the Code of Conduct document, governance frameworks, chair profiles, and NED profiles for member firms and stakeholders.

Differentiator

Problem solved

Functional benefit

Products and services

• Code of Conduct Voluntary Code of Conduct that sets out the role of executive remuneration consultants and the professional standards by which they advise their clients, whether Remuneration Committees or executive management of UK listed companies. The Code is made freely available for download from the RCG website and is used by member firms and their clients as the basis for agreeing terms of reference.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core.

• Alvarez & MarsalcoreOthersMember firm of RCG. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.
• AONcoreOthersMember firm of RCG, joined as new member on 1 August 2025. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.
• Deloitte LLPcoreOthersMember firm of RCG. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.
• Ellason LLPcoreOthersMember firm of RCG. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.
• FarientcoreOthersMember firm of RCG. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.
• FIT Remuneration ConsultantscoreOthersMember firm of RCG. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.
• h2g Remuneration Advisory LLPcoreOthersMember firm of RCG. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.
• Korn FerrycoreOthersMember firm of RCG. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.
• KPMGcoreOthersMember firm of RCG. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.
• MercercoreOthersMember firm of RCG. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.
• MM&K LimitedcoreOthersMember firm of RCG. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.
• PwCcoreOthersMember firm of RCG. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.
• wtwcoreOthersMember firm of RCG. Any consulting firm or individual advising at least one UK premium listed Remuneration Committee is eligible to become a registered member.

Scale indicators1 record

Recent moves6 records

Expansion highlights3 records

Others

• International Federation of Accountants (IFAC): Global umbrella organisation that supports national accountancy and governance standard-setting bodies. Tangentially comparable as a private, membership-driven standards setter whose ecosystem model mirrors RCG's member-firm governance structure.

Regional players

• National Association of Corporate Directors (NACD): US membership organisation for corporate directors that issues recognised governance standards and education. Comparable to RCG as a private, non-government standards body supporting director and committee quality, but operating in the US rather than UK market.
• Australian Institute of Company Directors (AICD): Australia's leading membership body for directors that promotes governance standards and education. Comparable to RCG as a private director/governance-focused standards body, but operating in the Australian jurisdiction.

Broad incumbents

• International Corporate Governance Network (ICGN): Global investor-led network promoting corporate governance standards (including on executive remuneration). Comparable as a membership-driven, standards-promoting body operating across multiple jurisdictions, of greater scope but similar function to RCG.
• European Corporate Governance Institute (ECGI): Multi-jurisdictional research body studying European corporate governance, including executive remuneration. Comparable as a standards-influencing organisation whose outputs shape the practice that the RCG Code codifies.
• The Investment Association: UK trade body representing investment managers that actively engages on remuneration policy at UK listed companies. Comparable in that it influences executive pay standards and shareholder expectations that shape RCG's Code.

Direct peers

• UK Takeover Panel: Voluntary, self-regulatory UK body that issues and administers the City Code on Takeovers and Mergers. Closely comparable as another private, voluntary UK governance body issuing recognised standards for a niche advisor constituency in the UK capital markets.
• Financial Reporting Council (FRC): UK regulator and standards-setter that maintains the UK Corporate Governance Code and Stewardship Code. Directly comparable to RCG as a UK-based governance standards body for listed-company advisors and board committees.
• Investor Relations Society (IRS): UK professional body for investor relations practitioners advising UK listed companies. Comparable as another UK private, voluntary membership body for a specific advisor constituency that interfaces with Remuneration Committees.
• Chartered Governance Institute (CGI): UK/international professional body for company secretaries and governance professionals. Comparable as a private standards-setting and membership body whose constituents support UK listed-company governance committees (the same audience RCG serves).

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/remuneration-consultants-group-limited

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Remuneration Consultants Group Limited