Are Fair Pensions being entirely fair on fund managers? A Mindful Money view

Campaign group Fair Pensions has just issued a big report in which it has criticised many of the UK’s fund managers for not being active enough on executive pay. But does it own chart slightly undermine its case? The group says that despite several high profile votes against controversial remuneration packages for directors, it did not amount to a so-called ‘Shareholder Spring’.It also wonders whether it is appropriate to compare shareholder votes on executive remuneration to the toppling of dictators in the Arab Spring. At Mindful Money we tend to agree with that point at least.  The report is available here on Fair Pensions’ website along with news of a host of other campaigning issues the group is involved with. Yet we are not sure if Fair Pensions makes an entirely convincing case. It may be undermined by its own excellent graph accompanying ...