1. AustralianSuper to Cast Protest Vote Against Bank Pay Plans

    AustralianSuper to Cast Protest Vote Against Bank Pay Plans

    SYDNEY (Reuters) - Australia's largest pension fund, AustralianSuper, said it will vote against the executive pay of three of the country's biggest banks, in a show of the investment community's souring attitude towards the sector following a year-long misconduct probe...

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    1. AustralianSuper is disappointed at the approach taken by the boards at ANZ, NAB and Westpac over executive remuneration and will be voting against them at the upcoming AGMs.
    2. The question we are asking is, what do they have to do not to get a bonus?
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