The AIC is petitioning Parliament to change the laws around the provision of voting rights to investors that hold their shares through platforms – which is most of us.
Richard Stone, chief executive of the AIC, said: “All shareholders must be able to vote – it’s their fundamental right. The Companies Act currently states that nominees, such as platforms, may pass on company information and voting rights. We believe that’s not good enough. These rights must be passed on and the law should be changed accordingly.”
Please sign the petition here
