Compensation committees, in turn, must clearly identify the performance criteria they expect each senior executive to meet, and install measurement methods to ensure companies get what they pay for.
Many of the best medical students turn towards a specialty because the compensation is so much better, as a result of the way insurance companies reimburse doctors for services.
Because the advice in question was given to you in 1983, you would unfortunately not then be able to turn to the ombudsman or the Financial Services Compensation Scheme - these bodies were set up as part of the investor protection framework that was set up five years later in 1988.