Prudential paid its chief executive officer Tidjane Thiam £7.8m last year despite him being reprimanded by the Financial Services Authority (FSA) over a bid for AIA Group.
Tidjane Thiam, chief executive of Prudential, is in line for a £7m share jackpot despite receiving a personal rebuke last week from City regulators.
Shares in Prudential have fallen over 4% today after the FSA fined the insurer £30m over the failed AIA deal in 2010.
Prudential has been fined £30m by the City watchdog while its chief executive Tidjane Thiam has been officially censured, following the failed AIA deal in 2010.
M&G broke its own records in 2012 to post soaring inflows and AUM at an all-time high, according to its full-year results, but expects sales in the UK to slow this year.
European markets were flat in mid-morning trading today as investors paused for breath amid fresh rumours Spain is about to request an official bailout.