The Advisors' Blog

– Broc Romanek

Here’s the intro from this Glass Lewis blog:

As the dust settles on yet another eventful AGM season, a report by The Investment Association — the leading trade association for trust and fund managers in the UK — has sought to address the problems that have led to a growing disconnect between companies and their shareholders over the amounts paid to top executives. Certainly, the 2016 AGM season will be remembered for publicised spats over pay. Indeed, such was the media scrutiny on remuneration practices at FTSE-listed firms that Theresa May, the new UK prime minister, sought fit to promise a curb on boardroom excesses, which included making all remuneration votes binding in nature.