Q&As

Is shareholder approval needed to increase the pension contribution rate for a listed company’s directors?

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Published by a LexisNexis Corporate expert
Published on: 15 August 2022
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Section 439A of the Companies Act 2006 (CA 2006) gives shareholders of a listed company a binding vote, by way of ordinary resolution, on the directors’ remuneration policy. The remuneration policy must be put to shareholders whenever a new policy, or an amendment to the existing policy, is proposed and in any event at least every three

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United Kingdom
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