The TUC has urged firms to disclose both pay and pensions details of both directors and employees to investors.
New Shareholder Voting and Engagement guidelines proposed by the TUC call for any difference in pension arrangements between the boardroom and company employees to be made public. The guidelines fall in line with a drive by the TUC to provide workers with as stronger voice and will be issued out to its 1,000 network of pension fund trustees and all FTSE 100 companies. TUC general secretary, Brendan Barber says: “As unions and their members develop their voice as investors, it is important to have a clear statement of our views on important issues for shareholders such as executive pay,...
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