For the benefit of all members, we aim to publish this monthly.
1. ShareSoc and Mello Events, in partnership, present a new, free event, the Woodford Debacle – Reflections, Redress and Reform from 6 to 8.30pm on 9th March. Reviewing in detail what went wrong with Woodford, the various claims for redress and what steps investors should take, including how to claim. Potentially to recover up to 70% of your losses, depending on which claim you join.
2. ShareSoc’s Press Release of 6 ...
The extensive Woodford coverage of recent days highlighted most potential claimants didn't know and weren't being told of the options for redress available to them.
Half a million Woodford Equity Income Fund investors now need to do three things:
Join ShareSoc's Woodford Campaign.
Register for the March 9th Webinar - covering the background to the Woodford Debacle and how investors can claim redress.
Join Leigh Day's claim #WoodfordPayback.
ShareSoc, the highly influential investors' body, believes it is in the ...
Over half a million investors in the Woodford Equity Income Fund now have a much better chance of recovering significant losses, as the legal move from Leigh Day, backed by ShareSoc’s Woodford Campaign, becomes the first to reach funding and claimant costs insurance agreements.
ShareSoc, the highly influential investors body, believes it’s in the best interests of all those who lost money in the Woodford Equity Income Fund (WEIF) to join both the Leigh Day claim and the linked ShareSoc Woodford ...
Below is a short summary of what has been done in January 2021. We have been very active on many issues on behalf of members and all individual investors.
Policy and Campaigns - January update to members
Below is the first of what we plan to be regular updates to members advising them of what we have done in this very important campaign.
Woodford January NEWSLETTER
ShareSoc's board is dealing with many projects and tasks - more than we can handle.
For our Society to be most effective, we need to make better use of the services of the many kind members who have offered to help. We are therefore looking to recruit a voluntary Head of Volunteering to coordinate this process.
If you are interested in taking on this role, you can find further details and an application form here: https://firstflightnonexec.com/candidates/available-roles/437-role-1121-head-of-volunteering-required-for-sharesoc-an-influential-not-for-profit-society-for-investors
Thanks for your attention.
Mark Northway, Chairman, ShareSoc
Press release 116 - Requirements of public companies’ directors regarding takeover approaches
Joint Press Release from ShareSoc & UKSA on behalf of individual investors
ShareSoc and UKSA recommend The Takeover Panel:
Review their current rules, which disadvantage individual shareholders and all those who are not privy to a potential bid.
Sets out a clear and orderly framework for takeovers, including measures to ensure fairness to shareholders and other stakeholders.
Consider issuing Panel guidance for assessing when talks ...
On 7th December 2020 the FCA published draft guidance for Insolvency Practitioners (IPs) on how to approach regulated firms and launched a consultation on that proposed guidance.
This is of particular interest to individual investors because it guides the actions of IPs involved in Special Administrations, which occur when a broker fails.
ShareSoc has been concerned about the Special Administration Regime (SAR) since we got involved with the Beaufort case. Clients with substantial portfolios were threatened with significant "haircuts" to their holdings, to ...
Press release 115 - ShareSoc Sends Open Letter to Aviva
concerned about the remuneration review which was announced after the FCA censured Aviva, and
is urging Aviva
to claw back bonuses paid in 2018 and
ensure cultural change at Aviva occurs.
ShareSoc has warned Aviva in an Open Letter (see copy here) that a trivial remuneration adjustment would not be acceptable.
Cliff Weight, ShareSoc Director.
ShareSoc, the UK Individual Shareholders Society
ShareSoc is the UK's largest retail shareholder organisation acting in all areas of ...
Please find below the recording of ShareSoc's 2020 AGM.