Prudential top brass take coronavirus cuts to pay, pensions, bonuses
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LONDON (Reuters) - Prudential said on Thursday it would cut salaries and pensions earned by its executive directors in 2020, while its chief executive and chief financial officer would also see bonuses curbed in view of the Covid-19 pandemic.The British insurer is the latest in a series of financial firms to unveil similar reductions in executive compensation in a gesture of support to customers struck hard by the coronavirus lockdown.Prudential said pension benefits would fall from 25% to 13%..