Quebec City-based Industrial Alliance Insurance and Financial Services Inc.’s board of directors announced during the company’s annual general meeting that it will provide shareholders with a non-binding, advisory vote on executive compensation. The first vote will be held at next year’s annual meeting.

“The board of directors is pleased to give shareholders the chance to register their views on all elements of executive compensation,” said John LeBoutillier, IA’s chairman of the board. “Although the company already follows the best practices for compensation and compensation disclosure, good governance continues to evolve, and IA’s board is pleased to allow shareholders to express their point of view on questions important to company operations.”