Pension funds seek say on salaries

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SWITZERLAND - Eight Swiss pension funds along with institutional investors' association Ethos have today filed a shareholder resolution at the annual general meetings (AGM) of the five largest Swiss listed companies.

The resolution requested an advisory vote for shareholders on remuneration reports. The companies involved are ABB, Credit Suisse Group, Nestle, Novartis and UBS. Dominique Biedermann, director ...

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