Investors ready to pounce on excessive or complicated pay deals not linked to performance, warns Investment AssociationBritain’s biggest companies acquire been warned they face a wave of revolts in the forthcoming annual assembly season and risk a government clampdown on excessive remuneration unless they expose restraint over executive pay.
The Investment Association – whose members manage £5.7tn of savings and investments – is ready to pounce on overly complex bonus deals and payouts that are not linked to performance. Related: Anglo American caps bonus payouts after shareholder revolt Related: Executive pay: new 'shareholder spring' looms | Chris Cummings Continue reading...
Source: theguardian.com