ShareSoc is delighted to announce the appointment of Heather Benjamin as Chair of its Board of Directors. 

UK ISA is a good sign that Government is supportive of UK business and UK companies and ShareSoc is pleased to respond to this consultation.

Background information on 3i Group plc and ShareSoc's AGM vote guidance, ahead of the AGM on 27th June.   

This resource is only available to Full ShareSoc and Premium (ShareSoc & SIGnet) members.  

Urgent update to last week's story that SIPP provider Intelligent Money was
gated by the FCA, as it now transpires that it has gone into Administration, and
its pension services have been sold to Quai to ensure continuity.

Philips Trust, a scandal not well reported on, is laid bare in this Times
article. (Times subscription required)

The UK ISA, will it work? Asks Andy Bell founder of AJ Bell

Why do 11 MPs think it such a good idea for the masses to gamble away their
precious life savings in crypto?

Nat Rochschild campaigns for AIM reform to keep it relevant and attractive to
high growth companies.

Are financial advisers well equipped to provide retirement advice? Asks
Sharesoc's Director Mark Northway in the FT. They need the right tools and
training to avoid taking a one size fits all approach, he says.

The Telegraph discusses whether this is the 'year of the bond' for investors as
higher yields come into play.

Could the IHT relief on AIM company shares come under threat after the
General Election? If so, this could have a big impact on the AIM market. (FT
subscription required)

Is the UK the listings venue of last resort for dubious companies?

Pivotal Tesla retail investors at risk of missing AGM vote because they can't
vote on non domestic stocks. Elon Musk may not get his $56billion bonus. (FT
subscription required)

ECB looks like it will be the first to cut interest rates, ahead of the US and the
UK.

British factory output expanded at its quickest pace in nearly two years
although the rate of growth was slightly slower than initially estimated, the
closely watched PMI survey shows.

Meme stocks roar again amidst claims that the infamous Roaring Kitty is
manipulating the market, and has turned a $20m pot into a reputed $800m in
a mere few weeks. Pump and Dump on a grand scale, which has now attracted
the attention of US regulators and had him kicked off his trading platform
ETrade. Gamestop won’t be complaining, as they issued $900m of new equity
after the first pump price spike.

The IPOs from 2021 have not fared well. Losing £30bn in combined value.
Hype over substance through well timed exits by PE firms?

High pay at M&S for the executives. Unusually, it may be justified by being
properly aligned with shareholder returns, as they have also done well in the
last year. And it's good to see that the CEO's share rewards are deferred so that
he still has 'skin in the game'.

A useful summary of the linkage between interest rates and share prices.

UK Individual Shareholders Society Ltd is a company limited by guarantee. Registered in England & Wales No. 7503076.
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