Concerns over executive pensions led to 64 shareholder rebellions across 45 FTSE All-Share companies in the 2020 AGM season, with ongoing investor pressure leading to further commitments to reduce contributions at the UK's largest firms.
Investment Association data published on Saturday (17 October) revealed 14 FTSE companies reduced pension contributions for existing directors in 2020 and a further 43 committed to reduce contributions...
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The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers