Since CREST and shares dematerialisation was introduced in the 1990s, shareholders’ rights have been eroded through intermediation. Following recent stock markets reviews, UKSA believes the UK may reverse this trend through using technology better and improved government regulation.
UKSA is delighted to report that Martin White has won the prestigious Frank Redington Prize awarded by the Institute and Faculty of Actuaries (IFoA).
Martin submitted the winning paper answering the following competition brief:
The team now comprises eight members, each with different but highly relevant professional skills and experience. They are free of commercial conflicts and most are retired.
The Directors of the UK Shareholders’ Association are deeply saddened by the death of Queen Elizabeth II. The Queen was our monarch during the period when the foundations of modern Britain’s economy were built. The new King continues a great responsibility and we join with the nation in our support for his new reign, and hopefully for another great era for our country.
UKSA and ShareSoc response, to newly formed International Sustainability Standards Board (ISSB) on their general (S1) and climate (s2) reporting standards consultations, is number 523 (and 527) out of over 1,000.
Whatever you think of audits and their quality, unless audit firms produce and report audit quality indicators, audit quality will not improve.
At the end of June 2022, the FRC issued a consultation on firm level audit quality indicators (AQIs).
Members of UKSA have contributed to the new guidance for listed companies to enhance effective shareholder participation when planning and conducting AGMs.
The FRC promotes 7 principles, covering inclusion, access, disclosures, updates, and voting, that apply before, during and after the AGM, as well as engagement throughout the year.
The HM Treasury consultation document on Solvency II proposes reducing capital buffers to encourage insurance companies to invest in assets that the Government considers desirable.
UKSA’s response (here) explains that UKSA is seriously concerned by the proposals.
Advisers who act as salesmen for financial firms should be banned from offering advice on defined benefit pension transfers.
The 24 April paper edition of the Sunday Times continues to follow the outrageous treatment of UKSA members Julie and Chris Thorpe.
The article by Ali Hussain reports on UKSA's call for a ban after an adviser changed a recommendation following the client's request to move her pension to a cheaper rival having no tied relationship with the adviser's firm.
Renewing your UKSA membership is quick and easy, ensuring uninterrupted access to all the advantages of membership.
