1. Leigh Day achieved a significant legal milestone and submitted their court proceedings against Link on 27 September.
2. 942 people registered for ShareSoc’s “Woodford: What Happens Next” webinar with 684 attending. This was our biggest webinar ever and possibly the biggest webinar of its kind.
3. Exclusive Special Offer for Campaign members (which came with free ShareSoc Associate membership). You can now Upgrade to FULL Membership, allowing you to watch recordings of Woodford webinars including “What Happens Next” and “What Went Wrong”. ...
After many months of work behind the scenes, we are delighted to announce an improved and simplified process for registering for our online events.
Whereas previously two steps were required to register, first registering via our website and then with Zoom, registration is now done in a single step. After submitting your details, you will automatically be registered with Zoom for the event you wish to attend. Zoom will then email you automatically with login details for the event. We recommend that ...
This is an official ShareSoc News Item written by ShareSoc Director Cliff Weight.
942 registered for ShareSoc’s webinar with 684 attending. Wow! Our biggest webinar ever and possibly the biggest webinar of its kind.
Also, we now have 1,465 members of our Woodford Campaign. With these sorts of numbers we can pack much more of a punch with the FCA, Government and Hargreaves Lansdown. The Campaign has socially responsible aims of making the investment world a better place. It very much fits in ...
Leigh Day issued court proceedings against Link on Monday 27 September 2021.
This is a huge step forward in getting compensation for the many thousands of unfortunates who lost money in Woodford’s WEIF funds. Leigh Day’s issuing of proceedings is a big milestone.
We are concerned, however, that roughly only 5-10% of the 270,000 or so investors seem to have joined any claim so far. We urge all WEIF investors to join a claim. We believe that Leigh Day are streets ahead of ...
It looks like the €8m limit may be removed and also that it may become easier for individual investors to participate in fund raisings. In addition shareholder rights to prevent dilution will be strengthened. This consultation looks to be good news for individual investors.
In our 10 page response to HM Treasury we said:
We welcome this consultation paper.
ShareSoc is a not-for-profit organisation with over 8,000 members. We represent the interests of 5 million individual shareholders and 12 million individual investors in the ...
In our 9 page response we said:
We welcome this consultation paper CP21/21.
ShareSoc is a not-for-profit organisation with over 8,000 members. We represent the interests of 5 million individual shareholders and 12 million individual investors in the UK. We are members of Better Finance who, together with our sister organisations in other countries represent individual investors throughout Europe. We are also members of the World Federation of Investors. ShareSoc Chair, Mark Northway, is also Chair of the World Federation of Investors.
Our members ...
ShareSoc Patron Lord Lee is continuing his high profile campaign to get more mainstream coverage of investments and better financial education. The FT has a large article about these issues written by John Lee himself, see https://www.ft.com/content/2445a940-da11-4d08-8e4c-e5ad70d6b583 headed-
Stock market investment needs more television promotion -
Onerous rules limit broadcasters and hamper financial education
There is widespread agreement that financial education in this country is lamentable. This manifests itself in so many ways, from the fact that many people just leave significant cash deposits ...
ShareSoc calls for improved Financial Education:
ShareSoc Patron Lord Lee has asked a Parliamentary Question about the obstacles that prevent the creation and broadcasting of more educational TV programmes on the subject of investing.
Investing requires a base level of financial knowledge, but the subject is not covered by the school curriculum and is not easily learnt subsequently.
Most of the available educational information about investing is produced by parties that are not independent. Too many websites ...