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UKSA has submitted a response to the Prudential Regulation Authority's Consultation Paper CP2/20 on Capital Requirements and Macroprudential Buffers
Members will understand that our AGM planned for May 11 must be postponed.
it will be re-arranged once the Covid-19 situation clarifies. Meanwhile the board approved the 2019 accounts yesterday and these will be made available as soon as possible.
The UKSA Board is wishing to continue ‘business as usual’ as much as practical, to remain a…
Hello all.
Following the very disappointing rejection of our claim by PM Mrs May and the Treasury over a year ago we have had a busy time watching events and extending our research, culminating in our letter to the Prime Minister and copied to the Chancellor on 28th February 2020.
A copy of this letter can be found here.
Holly Mackay, owner and inspiration of the advice website Boring Money, has taken the trouble to research the charges of 10 platforms and wealth managers on a notional investment of £1 million over 25 years. The shocking results have been taken up by FT Money to support a campaign for greater transparency of fees and charges.
In response to a reader’s question, the Financial Times recently carried a detailed explanation by UKSA director Peter Parry of the problems posed by the pooled nominee system through which most individual shareholdings in the UK are held.
Further details can be found here.
As members who bought shares in Sirius Minerals will know, in early January the Company received a takeover offer of 5.5p a share from Anglo American, valuing Sirius at almost £386m. However, many Sirius investors who originally paid more than 20p for their shares feel the offer is too low.
UKSA has set up a new campaign page here
After extensive work, UKSA director Sue Milton has drawn up and filed a detailed response to the Call for Evidence for the Cyber Security Incentives and Regulation Review 2020&n
UKSA and ShareSoc have submitted a joint response to the law Commission’s call for evidence on intermediated securities.
This deals primarily with securities held by an intermediary or nominee on behalf of the beneficial shareholder. The full response, submitted on 5th November 2019, can be found here.
This was an excellent event, well organised by the FRC with about 80 attendees from ShareSoc and the UK Shareholders' Association.
Peter Parry and Cliff Weight have written a joint response on behalf of the UK Shareholders’ Association (UKSA) and the UK Individual Shareholders’ Society (ShareSoc). This has been submitted to the CMA. We made these key points:
There are a few important and overarching issues which we believe need to be stated:
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