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FTSE 100 bosses' pay 'rose 11% last year'

8 May 2012 Last updated at 20:01 BST

The latest in a wave of shareholder revolts has forced the chief executive of the insurance firm Aviva to step down a few days after angry investors voted against his pay package.

Andrew Moss's pay deal was considered unjustified in light of the company's performance.

It comes as new research for the BBC shows the typical pay of a FTSE chief executive rose 11% last year, compared to the UK average of just over one percent.

The BBC's Business Editor Robert Peston reports.