CASSELL BRYAN-LOW: The British government unveiled legislation Wednesday to give investors more say on the pay packages of senior corporate executives, a milestone in a shareholder rebellion that has been rippling through the U.K. in recent months.
The measures include giving shareholders a binding vote on how much executive directors are paid and requiring companies to annually publish a simple figure totaling how much they received. The binding vote on pay doesn’t apply to executives who aren’t board members.
via U.K. Reveals New ‘Say on Pay’ Laws – WSJ.com.
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients.
Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter.
Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.