Having fund members directly vote on every motion presents a “practical challenge” and companies are not privy to proxy advice reports before publications due to licensee restrictions, according to the Australian Council of Superannuation Investors.
Direct member voting presents a practical challenge moneymanagement.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneymanagement.com.au Daily Mail and Mail on Sunday newspapers.