AMP a lone voice against executive and director perks

AMP Capital Investors said it voted against pay rises for executives at 47 companies last year, and also often opposed increased pay for company directors. AMP's stance has had little impact, with most of the resolutions it voted against being approved by shareholders anyway. AMP’s chief investment officer Merv Peacock urged other institutions and retail investors to be more proactive when it comes to voting at annual meetings.