Investing for Income: Executive pay, shareholders and the economy

Skewed management incentives have encouraged companies to give lots of cash back to their shareholders, writes Andrew Smithers. But this will be damaging to the economy and to long-term investors

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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.

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The Netherlands