UKSA has responded to the FCA consultation ‘Broadening access to financial advice for mainstream investments’. The consultation pays more attention to creating an additional market for the industry than it does to helping individual savers.
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Question: why should unauthorised firms be allowed to promote and sell their products at all in the UK?
Answer: we don’t know.
But there are many non‑compliant promotions being approved and then communicated by unauthorised firms to retail consumers resulting in harm because of inappropriate marketing and targeting.
Currently, any…
Why not make this standard the minimum requirements expected of audit committees?
Why not use the standard to anticipate the wider authority ARGA will have?
The proposed standard is minimalist. It limits focus on just some aspects – tendering, oversight of auditors and audits, and reporting.
Mo Majid is the one remaining committee member, supported by former committee member Pradeep Chand in an advisory capacity.
So assistance and support from NRSAG members is a must. Please email the UKSA Office, officeatuksa@gmail.com, if you are interested in joining the committee.
UKSA and ShareSoc respond to the FCA’s consultation on Sustainability Disclosure Requirements (SDR) and investment labels.
Investment products are not sustainable in the ‘green’ sense.
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…
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.