AMP to face investor revolt over reported $50 million payout to exiting executive Boe Pahari

Embattled wealth manager AMP looks set to face another shareholder backlash after revelations that controversial executive Boe Pahari could pocket at least $50 million dollars when he exits the company. 

While Mr Pahari was a financial rainmaker for AMP, he was at the centre of sexual harrassments allegations brought by a female subordinate that damaged the company's reputation. 

ABC's Peter Ryan speaks with shareholder activist Stephen Maybe who says investors are expected to protest at Friday's annual general meeting.