All the parties want - or say they do - to curb excessive boardroom pay.

But this time, with a public searchlight on bank bonuses and boardroom pay, he will have to deliver.

Fidelity thinks boardroom pay committees have in some cases lost touch with what shareholders believe should be handed out.

"Boardroom pay needs to be brought under control and held up to the light," said Mr Robertson.

Why never raise tax on the richest, as boardroom pay rose by 30% a year and bankers' bonuses soared?

Accounting rules there require some disclosure of boardroom pay - but no control of it by shareholders.

One of the drivers of this is the runaway train of boardroom pay.

Why aren't shareholders revolting over excessive boardroom pay?

'The brakes were slammed on mega boardroom pay awards early this year.'

On both sides of the Atlantic, boardroom pay has raced ahead, offering an inflationary example to workers being lectured about the need for restraint.

Massive boardroom pay rises Massive bonus culture.

Boardroom pay is booming.

And since high fliers can also start their own firms or do a management buy-out, boardroom pay has to offer some of the rewards of entrepreneurship.

When Miliband turned his back on the Iraq war, called for employee rights over boardroom pay and denounced "predatory capitalism", they squealed in horror.

Last week, David Cameron announced that he wanted to push through legislation to curb exorbitant boardroom pay and said that it made "people's blood boil".

The IPPR said reforms to tackle "excessive" boardroom pay should go beyond "shareholder activism".

Making boardroom pay more transparent and bolstering shareholder power, as Mr Cameron suggested, sounds OK in theory.

The last thing that business can afford at the moment, given the damage its reputation has already suffered, is more negative publicity triggered by embarrassing boardroom pay disputes.

I have no confidence that fund managers will exercise any control over boardroom pay when they themselves often land directorships when they move on from fund management.

Cameron may speak about reforming boardroom pay or closing tax loopholes, may feign disgust at the bonus culture, but his party is bankrolled by big business.

Nils Pratley: The fund manager's call for binding votes on boardroom pay is one that the coalition should put top of its agenda Continue reading...

Despite the High Pay Commission report on out-of-control boardroom pay - which even the Institute of Directors has called "unsustainable" - the chancellor said nothing.

Why has the Secretary of State failed effectively to tackle those problems and to take action against the excessive profits and unacceptable boardroom pay rises and perks?

But the shadow business secretary, Chuka Umunna, said he doubted shareholders, such as pension funds, would be sufficiently interventionist to be able to curb boardroom pay.

Senior directors who set boardroom pay are being summoned to the business department this week as part of the latest effort by Vince Cable to clamp down on executive pay.