Pru bosses avoid pay award revolt

Shareholders accused Prudential bosses of greed after their pay surged to £33 million, but the Asia-focused insurer dodged a major revolt on pay at its annual meeting.

Almost 12% of voting shareholders rejected the Pru's remuneration report after it hiked executive directors' pay by 12% last year despite being fined £30 million by regulators for failing to keep them informed over a major acquisition.%VIRTUAL-SkimlinksPromo%