Over the last few months we have seen a marked increase in shareholder activism on the issue of executive remuneration. Shareholders have been using their advisory vote on executive remuneration and there have been sizable votes against at Barclays, Aviva, William Hill, and Legal & General.
If you thought we had talked about tax quite enough for one year, you may find this blog post a tad disappointing. Tax and the implications of this year’s budget is yet again (or potentially still) on the agenda.
Ask anyone whether they approve of benefit fraud and the answer is universally no.
For a decade or more, wealth distribution was off the political agenda. While everyone was doing well, who got what simply seemed to matter less. This has all changed, and tax has suddenly moved up the list – particularly tax for those at the top.
Light taxation for top earners is being criticised from all sides, as well as insiders.