AMP Shareholders Furious Over Exec Pay

The head office building of AMP Ltd, Australia's biggest retail wealth manager, is seen in central Sydney, Australia on Oct. 28, 2016. David Gray/Reuters

AMP shareholders, denied dividends for 2019, have served a first `strike' on the hefty pay packets of the beleaguered financial giant’s executives.

More than 67 percent of shareholders voted against the board’s remuneration report for 2019, in a webcast annual general meeting.