Tag: Investment Association
Pension fund savers value votes against directors
Survey finds that majority of savers believe shareholder votes enable ‘strong’ corporate goverance.
Pay expert disputes case for higher executive pay
‘High equity-based pay should be an outcome, not an input,’ according to London School of Economics professor.
Fund managers urge caution over executive pay
‘There needs to be clear alignment between pay and performance,’ writes the Investment Association in an open letter.
News round-up: this week in governance
New FCA rules on ESG claims; psychologically safe board communications; IT and governance; how workers improve financial reporting.
Executive pay revolts are on course to echo 2022
Investors’ dissent is predicted to remain high for this year’s AGM season, according to the register of shareholder revolts.
Investor body warns against virtual-only annual general meetings
Virtual-only AGMs can damage shareholders’ rights and reduce accountability, according to the International Corporate Governance Network.
Top companies fail to prove audit quality
Investment Association reveals the inadequacy of audit assessment in most FTSE 100 companies, with only 8% measuring up.
News round-up: this week in governance
CofE cites ‘disconnect’ in top pay; do purpose statements work?; banks and their governance mentions; Big Three fund managers ‘deferential’.
IA publishes guidance on executive remuneration for 2023
The Investment Association has updated its guidance and advises that NEDs’ time commitment and role complexity be reflected in their fees.
Executive remuneration through the ESG lens
Over half of FTSE 100 executive bonus plans now contain an element addressing ESG. Here’s why it makes sense.