Company directors in the UK could amass a pension pot of up to £3 million before retirement, according to a new study.
The Trades Union Congress (TUC) PensionsWatch survey has found that directors from some of the top companies in the country could then retire on a pension of over £200,000 per year.
Brendan Barber, TUC general secretary, has called for companies to have greater clarity in their reporting of pay, remuneration and pensions.
"Top bosses justify their lavish pay and pension arrangements on the risks they take and the rewards they deserve for success," he added.
"But these credit crunch-busting retirement plans seem to exist in a different world from the economic squeeze that is affecting everyone else's pensions."
The Confronting Corruption report by the Economic Intelligence Unit found that 63 per cent of global senior company executives had seen "actual or attempted" corruption, with 41 per cent claiming that their competitors had paid bribes.
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