Recent news
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.
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 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.
The FCA’s response is helpful on explaining the process, guidelines and expectations (good!) but thin on addressing our specific questions (not good!).
The FCA’s response to UKSA’s letter is here.
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.
There are many conventional ways of raising Working Capital. Why, therefore, do companies use reverse factoring?
Maybe reverse factoring is used because other credit lines are not available to them. Is it a red flag moment?
Reverse factoring has been a convenient way of hiding and disguising these problems – as was seen with…
Patrick Hosking reports in the Times: ‘Ministers are rowing back from a radical plan to encourage pension funds to invest in unlisted assets after getting a mixed response from the investment industry and an emphatic thumbs-down from consumer groups.’
The FCA’s goals to achieve the best possible outcomes for consumers are laudable.