PIRC

Bank remuneration reports in 2011 received ‘strong support' from investors despite general concerns on pay and performance, a TUC report says.

A majority of 60% of WPP shareholders voted against chief executive Sir Martin Sorrell's £6.8m pay package yesterday, in an embarrassing defeat for the advertising agency's outspoken boss.

HSBC will come under fire from shareholders at its AGM today in the latest rebellion against executive pay.

Schemes are exerting pressure on asset managers to vote down excessive pay in the ‘shareholder spring', a survey has found.

Shell could become the next victim of a widespread shareholder revolt against excessive executive pay in the UK.

The National Association of Pension Funds has added its voice to growing shareholder opposition to Barclays' pay packages.

Institutional investors have been advised to vote down Barclays' annual accounts and remuneration report due to concerns that assets and profits at the bank are overstated and bonuses are excessive.

James Murdoch's decision to step down as BskyB chairman has been welcomed by shareholder groups.

Just 15% of asset managers that have produced a Stewardship Code statement disclose full voting records, according to research from a shareholder pressure group.

Institutional investor pressure has forced Cairn Energy to drop a £2.5m share reward for its chief executive.