StanChart CEO, CFO take pension cuts after shareholder protest

LONDON (Reuters) - Standard Chartered said on Friday that the pension allowances for its chief executive and chief financial officer will be halved from January following a shareholder protest.Bill Winters and Andy Halford have agreed to have their pension allowances cut from 20% to 10% of their salary, putting them in line with the rest of the bank's workforce in Britain. Bank executives in Britain have been criticised by investors for giving their executives more favourable pension..