Tullett Prebon boss sees pay package fall

Michael Bow
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TULLETT Prebon boss Terry Smith saw his pay fall 9.2 per cent last year after a dip in his annual bonus.

Smith, who gets paid a fixed annual salary of £650,000, saw his bonus fall from £2.5m in 2012 to £2.2m last year. The bonus is based on the firm’s operating profits. His total pay came in at £2.86m, down from £3.15m in the previous year.