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  • Fidelity calls for veto on executive pay – Citywire

    19 January 2012

    By Caelainn Barr

    Fidelity fund managers are calling for the right to veto excessive pay packages for company executives…

    …Penny Shepherd, head of UK Sustainable Investment and Finance (UKSIF) says: ‘The common criticism of pay schemes is that they can sometimes be so complicated that it is difficult even for experts in corporate governance to understand what they will mean in practice, so there is an emerging argument that simplification is part of the answer.’

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