PRESS RELEASE 95 22/06/2017
ShareSoc announces its new improved website www.sharesoc.org
This is part of ShareSoc’s plans to grow its membership and develop its range of services provided to individual investors.The new site has been funded by donations from members and companies.
Modernised look, more appealing to new members.
Clearly laid out website and information is easy to find.
Blog, with the ability to subscribe to each post to keep you informed of key topics, as soon as posts are made. https://www.sharesoc.org/category/blog/Mark ...
After almost a year of development, we are proud and excited to announce the launch of the new ShareSoc website.
I would like to thank all those members who donated generously to fund this development. I would also like to thank Mark Bentley for volunteering a huge amount of his time to manage the project. Mark was ably supported by our developers Chillibyte, and my thanks also go to them and to Angela Watt, for volunteering to transfer much of the content of our ...
This note has been issued to the campaign supporters.Thank you for help and support so far. I am writing to update you on progress, which is very disappointing. I expect some of you will not read all of this long post and quite understand if you only read part: for those who wish to, I have included my full report on the RBS AGM below.RBS refused to put our resolution on the AGM Agenda. Mark Northway, ShareSoc Chairman and Cliff Weight, ...
Press Release 94- SHARESOC AND UKSA, ALONG WITH BETTER FINANCE, WELCOMES THE CAPITAL MARKETS UNION MID-TERM REVIEW REPORT, AND
- URGE THE UK GOVERNMENT TO MAKE PROGRESS ON FOSTERING RETAIL INVESTMENT IN CAPITAL MARKETS
Cliff Weight, Director of ShareSoc commented, "The UK Government needs to ensure that, after BREXIT, we continue to look after the rights of individual investors."There is an abundance of investable private capital in the UK and Europe, with households desperately looking for positive real returns on their long-term savings ...
ShareSoc's response to the FCA's consultation on Illiquid Assets and Open-Ended Investment Funds is in this document: Open-Ended-Funds
PRESS RELEASE 93 11/04/2017
ShareSoc recommends voting against the following resolutions at the Annual General Meeting (AGM) of RBS: 2 Remuneration Policy, 3 Remuneration Report, 4 Chairman Howard Davies, 12 NED Penny Hughes and 24 General Meetings at 14 day notice.
RBS have continued to resist our request for a shareholders’ resolution to be put to the AGM for the establishment of a Shareholder Committee, and have steadfastly refused to share their legal opinion.
We consider the behaviour of the RBS board in ...
ShareSoc responded to the FCA's consultation on funding of the Financial Services Compensation Scheme (FSCS) with this note: FSCS-Funding
PRESS RELEASE 92 27/03/2017
ShareSoc is opposed to the Remuneration Policy of Persimmon Plc. We therefore recommend VOTING AGAINST the Persimmon AGM resolutions as follows: Remuneration Policy (Resolution No. 2), Remuneration Report (No. 3), Remuneration Committee Chair Jonathan Davie (No. 8) and the 2017 Performance Share Plan (No. 14).
How can the Remuneration Report almost completely ignore the existing LTIP awards? There is no mention of the £100 million share scheme for Persimmon CEO Fairburn in the new remuneration policy, other than to ...
PRESS RELEASE 91 21/03/2017
The most recent changes to dividend taxation in the Chancellors Spring Budget are a major attack on private investors. The simple change to reduce the Dividend Tax Allowance from £5,000 to £2,000 only a year after it was introduced will have a big impact on the tax paid by many investors. It's also another example of a broken promise about "no increases in taxes" made in the Conservative manifesto.
The Chancellor, Philip Hammond, has already had to back-track ...
PRESS RELEASE 90 01/03/2017
Yesterday Alliance Trust shareholders voted to support the Board's proposals to change the investment management arrangements and to buy out Elliot. This is surely a major win for private investors and for the stance taken by ShareSoc and the Alliance Trust Shareholder Action Group (ATSAG) which ShareSoc has supported over the last 3 years. ShareSoc wholeheartedly backed the Board's proposals. Alliance Trust can now move forward.
But it was a close run thing as proxy advisory services who advise ...