Consultant calls for shareholder revolt against 'excessive' pay at Franklin Templeton

CEO paid $3.3m bonus for 2016

Laura Dew
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Consultant calls for shareholder revolt against 'excessive' pay at Franklin Templeton

An influential adviser to big investors has recommended shareholders stand up against "excessive" executive pay at Franklin Templeton at the firm's annual meeting next week.

Pensions & Investment Research Consultants (PIRC), a firm that advises investors with combined assets of more than £1.5trn, has issued a document recommending how pension funds and asset managers should...

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