Recent news
The economic value of the Persimmon 2012 LTIP grant is now close to £400million.
• £120million of this will go to just 3 directors.
• £10million will go to the Chief Executive who retired in April 2013.
Long term Barclays’ shareholders who took up the Open Offer of 2008 will remember bitterly the board’s broken promises, explicitly stated in the Q & A leaflet issued at the time, that not only would it “maintain its current dividend policy” but the new shares would qualify for the next dividend to be paid. Ever since then it has been evident…
As the UK’s principal organisation representing the interests of individual shareholders, we play an active role in seeking to influence government and the various regulatory bodies on matters which affect those interests. It is a feature of the strength of our membership that we are able to draw upon considerable experience, professional as well…
It has been announced that Sir Win Bischoff, currently chairman of Lloyds Banking Group plc, will succeed Baroness Hogg as chairman of the Financial Reporting Council (FRC).
The UK Shareholders' Association has made a commentary on the Discussion Paper on the Conceptual Framework issued by the IASB.
Read the undernoted associated papers in full.
Review of the Conceptual Framework for Financial Reporting
UKSA welcomes this month’s launch of a common database on which European audit regulators will be able to study each other’s inspectors’ reports on the ten largest European audit firm networks: PwC, KPMG, Deloitte, EY, BDO, Grant Thornton, Nexia, Baker Tilly, Mazars and Moore Stephens. These are responsible for auditing ‘public interest entities…
The UKSA policy team has been investigating use of sections 146/147 of the Companies Act. These enable investors using nominee accounts to receive information from the companies in which they invest, but only if the nominee account provider chooses to “nominate” the beneficial owner for this purpose. The great majority of stockbrokers don’t do…
The UK Shareholders' Association Office telephone number has changed to 0208 295 1667
A paper prepared by the UK Shareholders’ Association on the prudence concept in accounting has been published today. Please see the attached file to read the full paper.
Thanks to Dr Kamal and Mr Stolojan for arranging this meeting, and for giving me the chance to represent the views of investors. I am somewhat overawed by the experience and skills of my fellow panellists.
My background is that I am a member of the FCA,…