Financial Rewards - the wrong approach?

Today Mr Cameron (the UK prime minister) has said he supports shareholders ability to veto the executive pay packages. However, there already exist rules on executive pay packages which are along the lines of pay awards given in the case of better than expected performance that is in line with the company's mission. This could really be a lost opportunity. The crux of the problem is financial institutions awarding employees that deliver short-term gains. This is wrong and has resulted us in being in the state we are in. It would be better to look at ensuring financial institutions look to longer-term investments that ensure growth rather than short-term investments that possibly result in short-term wealth, but long-term poverty. Pension funds, which are the largest and most powerful source of funds for financial institutions should be restricted only to longer-term investments and the fund managers should be given bonuses over the longer-term and not based on short term profits. I think that this would help to head-off a potential future crisis. In addition, similar measures for the investment arm of high-street banks would be wise. The goal would be to reduce the amount of money used for speculation and increase the funds for long-term investment and growth. It would be wise to look at things from that perspective, but I am not sure if anyone is listening.