The board of Aviva must have thought that chief executive Andrew Moss had taken the sting out of a looming showdown with investors when he agreed to waive a near-5 per cent pay rise. It wasn't to be, and another annual meeting has been used by shareholders to vent their anger over executive pay. No sooner had the Aviva vote come through than Swiss bank UBS and Premier Foods also felt the backlash from disgruntled investors. Then came the bombshell that Sly Bailey was stepping down at Trinity Mirror, another casualty in the pay battle. Following so soon after last Friday's revolt over Barclays' pay plans, the issue is clearly building up a head of steam. Although it could push ahead with its current plans, Aviva's board is expected to re-visit its pay policy and come up with new plans, The Scotsman reports.