2012

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AIM shares to be allowed in ISAs?
Thursday, 20 December 2012 - 3:26pm
Are Alternative Investment Market (AIM) shares right for ISAs?
Chancellor George Osborne announced in the Autumn Statement that here is to be a government-led consultation on the possible opening of ISAs (individual savings accounts) to...
More on the Extraordinary Persimmon LTIP
Wednesday, 5 December 2012 - 4:53pm
Since UKSA’s policy team first questioned this scheme, further work has been done and a detailed analysis can be found in the members’ section of this website. This shows just what an extraordinary scheme this is and a mystery why the major...
Persimmon LTIP
Thursday, 18 October 2012 - 11:02am
Persimmon has dreamed up a generous new scheme for incentivising its underpaid and overworked directors. Nice work if you can get it!
At the Persimmon General Meeting held on 17th October 72% of the shareholders voted. Of those who...
BAE SYSTEMS and EADS. UKSA writes to the Takeover Panel
Wednesday, 3 October 2012 - 6:56pm
Yesterday, UKSA asked BAE Systems’ directors to use their power to put pressure, both private and public, on all nominees on its share register to ensure that all their clients are fully informed about the proposals and able to instruct their...
BAE SYSTEMS and EADS. The Scandal of Investors Without a Vote
Sunday, 30 September 2012 - 9:55pm
UKSA has sent letters to Dick Olver, BAE Systems chairman and to Sir Peter Mason KBE, its senior independent director, calling upon them to take whatever action is necessary to ensure that private investors in BAE using nominee accounts are...
The Penalties of Nominee Accounts
Sunday, 30 September 2012 - 9:15pm
"Do you own the shares you bought"? "Yes of course I do"!, you say. But do you really? If like most people your shares are held in a nominee account, ISA or SIPP the answer is you probably don't. You are the beneficiary but not the legal...
Pro Business Against Greed
Sunday, 30 September 2012 - 5:07pm
A new website has been created to campaign against executive greed. An issue which UKSA very much supports.
Pro Business Against Greed was started because Sir Mike Darrington, former Managing Director of Greggs, saw how things had changed...
Press Release: Government Proposals on Directors’ Pay should be “taken back to the drawing board”
Wednesday, 19 September 2012 - 9:42am
Responding to Vince Cable’s proposals for new reporting regulations on Directors’ Pay, UKSA’s points out that they take no account of the Kay Review, yet that Review was commissioned by Vince Cable himself.
Professor Kay has highlighted the...
UKSA calls for audit reforms to protect investors
Tuesday, 18 September 2012 - 11:49am
UKSA is among a number of investor bodies seeking changes in audit practice in order to bring about better protection of investor interests. Led by the Universities’ Superannuation Scheme, these embrace the Local Authority Pension Fund Forum,...
Northern Rock 5 years ago !
Monday, 3 September 2012 - 4:11pm
Calling all former Northern Rock Depositors
It is almost 5 years since our TV screens and newspapers were filled with pictures of the queues outside Northern Rock branches.
There is a building media interest on how the past 5 years...
European Court refuses to hear Northern Rock appeal case
Tuesday, 7 August 2012 - 6:30pm
Dennis Grainger, campaigner and lead plaintiff for the Rock small shareholders in the fight for fair
compensation, says that 150,000 small shareholders will be shocked, baffled, startled and angered
by the sad and strange ‘Decision’ (...
July Edition of The Private Investor
Thursday, 26 July 2012 - 2:09pm
The July edition is now available for download.
Go to Members Area and Log on.
Calm the perilous ocean of equity for private investors
Thursday, 19 July 2012 - 4:02pm
Eric Chalker writes to the FT in support of Xavier Rolet's of the LSE in his plea for more equity and less debt in funding companies.
For the full letter click here.
UKSA attacks Money Advice Service
Thursday, 12 July 2012 - 10:48am
UKSA has responded to a call for evidence from a Treasury Sub-Committee enquiring into the performance of the Money Advice Service (MAS). UKSA takes a keen interest in financial education and advice, as fundamental to maintaining a population of...
UKSA Submission to the Treasury Select Committee
Wednesday, 20 June 2012 - 9:03pm
Treasury Committee announces terms of reference for corporate governance and remuneration inquiry
The Treasury Select Committee today published the terms of reference for a new inquiry into corporate governance in systemically important...
Does anybody own Greek Sovereign Debt?
Monday, 11 June 2012 - 11:37am
This message was send to UKSA by our associates Euroshareholders who are lobbying on behalf of individual holders of Greek Bonds. If you are unfortunate enough to own any please contact Aleksandra direct. Click on the file link below for more...
ANOTHER TAKEOVER BY THE BACK DOOR : Cable & Wireless Worldwide
Saturday, 9 June 2012 - 5:45pm
The UKSA policy team is increasingly concerned about takeovers by ‘schemes of arrangement’. Vodafone’s bid for CWW is yet another. This form of takeover, under Part 26 of the Companies Act, enables an acquirer to secure 100% of the...
The Private Investor, May 2012 edition
Wednesday, 16 May 2012 - 3:32pm
The latest edition has just been published. Contents include:
The Kay Review – an update and some matters to ponder
The UKSA Website – a guide.
Boardroom Remuneration – a gathering storm or a flash in the pan?...
UKSA's new response to the Kay Reveiw
Wednesday, 9 May 2012 - 12:22pm
To: The Kay Review
Department for Business Industry & Skills, Spur1, Floor 3, 1 Victoria Street, London SW1H 0ET
From: UK Shareholders Association 25th April 2012
Dear Sirs,
Further to...
UKSA attacks bankers pay on the BBC
Thursday, 26 April 2012 - 12:44pm
21st April 2012
Bankers Pay
The subject of bankers’ pay has been much in the news recently. As most if not all UKSA members will share much of the public outrage at the high amounts paid, sometimes seemingly unrelated to company...
Reuters seek UKSA's views on RBS sale
Thursday, 26 April 2012 - 12:17pm
UKSA's views sought on issues raised by Thomson Reuters
April 10/11 2012
Eric Chalker, UKSA director and policy co-ordinator, was interviewed by Sudip Kargupta of Thomson Reuters following press reports of a potential sale of RBS...
Bill Jamieson reports on UKSA in The Scotsman
Monday, 2 April 2012 - 7:18pm
UKSA is delighted to appear in a recent piece in The Scotsman, from Bill Jamieson, titled: Size matters ... in so many intriguing ways. Bill was recently guest speaker of the Scottish regional branch of UKSA in Edinburgh and had this to...
UKSA applauds regulator's call for 'professional scepticism in the audit'
Sunday, 1 April 2012 - 4:12pm
The Auditing Practices Board (APB) of the Financial Reporting Council (FRC) is calling for more professional scepticism in the conduct of company audits. This reflects repeated representations made to the FRC by UKSA, most strongly in a written...
Respected journalist Alistair Blair presses for shareholder committees
Wednesday, 28 March 2012 - 8:40pm
In the last week of March 2012, Alistair Blair used his regular 'No Free Lunch' article in Investors Chronicle to press for the...
UKSA publishes March edition of The Private Investor
Saturday, 17 March 2012 - 6:52pm
The March issue of The Private Investor reports on an EU Regulation heading this way that will require the eventual abolition of share certificates, by a process called 'dematerialisation'. This raises serious questions.
Those investors...
UKSA Welcomes Financial Reporting Council Restructuring
Thursday, 15 March 2012 - 7:42pm
Following the Financial Times' report (March 15th, 2012), 'Opponents of FRC revamp thwarted', the UK Shareholders' Association has welcomed the news that the Financial Reporting Council is now independent from the professional bodies which did so...
UKSA publishes January edition of The Private Investor
Sunday, 15 January 2012 - 9:11pm
The Financial Reporting Council’s 'engagement' programme comes under severe scrutiny in this month’s issue of The Private Investor.
Writing as trustee of a major pension fund, UKSA member, John Hunter...