ShareSoc News

RBS in the firing line as ShareSoc renews campaign

Press Release 99 – RBS in the firing line as ShareSoc renews campaign   Individual investors expected to join ShareSoc’s new requisition for a Shareholder Committee at the Royal Bank of Scotland    - As last year, ShareSoc will be requisitioning a resolution for a Shareholder Committee at the 2018 RBS AGM - This year's resolution addresses the trivial legal objections previously raised by RBS. ShareSoc is confident that RBS will be obliged to put the resolution to the AGM - ShareSoc is rallying ...

FRC’s consultation on non-financial reporting guidance.

ShareSoc's response to the FRC’s consultation on non-financial reporting guidance is in this document: FRC Strategic Report Consultation Response

ShareSoc and UKSA’s joint response to the FRC’s consultation on non-financial reporting guidance

ShareSoc and UKSA’s joint response to the FRC’s consultation on non-financial reporting guidance. Click here for our response

ShareSoc Open Letter to the board of RBS Group

Press Release 98 – ShareSoc Open Letter to the board of RBS Group For immediate release: ShareSoc has written an open letter to the Board of the RBS Group addressing unresolved issues that continue to concern individual shareholders. Please see below and contact Cliff Weight on cliff.weight@sharesoc.org for more information. SHARESOC OPEN LETTER October 2017 TO THE BOARD OF RBS GROUP Shareholder Resolutions for 2018 AGM Since ShareSoc first engaged with you on 12 December 2016 there have been several positive developments which we recognise and ...

Lifting the lid on the FRC – An Event for Retail Shareholders

ShareSoc has organised a special event for its members, in conjunction with the Financial Reporting Council (the FRC), to take place on 21st November 2017, 2pm -5pm. The FRC’s role is crucial to preserving your wealth. It is the organisation responsible for overseeing the quality of audit work carried out by an auditor. As such, it plays a crucial role in helping to protect your wealth. This is a unique opportunity, for UKSA and ShareSoc members only, for a direct dialogue with ...

ShareSoc’s Response to Patient Capital Review

  On 1st August 2017 H.M. Treasury launched a consultation on the subject of financing growth in innovative firms (a.k.a. The Patient Capital Review), which can be found here. ShareSoc and UKSA submitted a joint response to this consultation on 22nd September: ShareSoc -UKSA Patient Capital Patient Capital Review - FINAL VERSION 20170924 Our response included the following comments: Individual shareholders are the archetypal long-term investors. They tend to invest for retirement, to fund care in later life and to pass on wealth to ...

ShareSoc and UKSA’s joint response to the LSE’s AIM Rules Review

ShareSoc and UKSA’s joint response to the LSE’s AIM Notice 46 Click here for our response

ShareSoc Responds to the LSE’s AIM Discussion Paper

On 11th July, the London Stock Exchange published a discussion paper (AIM Notice 46) with suggestions for modifications to the AIM rules and handbooks. We are pleased that the LSE has responded to our call for an improvement in standards on the AIM market, as set out in our AIM Campaign and have in turn responded to the discussion paper. Our full response (12 pages) goes into considerable detail and can be read by clicking here. Prior to submitting the response ShareSoc Directors ...

Government delivers a damp squib on executive pay

Press Release 97 - Joint Press Release from UKSA and ShareSoc Bizarre move to publish register of pay offenders managed by non-independent industry fund manager body the Investment Association Positive steps re Stakeholders via FRC consultation on S172 reporting Retail shareholders have been ignored again. The government's long awaited package of reforms on corporate governance was published this morning. The main components of the reforms had already been widely 'leaked' to the media. This morning's publication confirms that the proposals fall well short ...

Organisations Applaud EU Proposal For A Pan-European Personal Pension (Pepp)

Press Release 96 SHARESOC AND UKSA, ALONG WITH BETTER FINANCE, APPLAUD EU PROPOSAL FOR A PAN-EUROPEAN PERSONAL PENSION (PEPP) TO DEFUSE THE TICKING PENSIONS TIME BOMB, AND URGE THE UK GOVERNMENT TO MAKE FURTHER 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 and needs parallel process to the EU to solve the pensions timebomb." ShareSoc and UKSA ...