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Shareholders In The United Kingdom
Shareholders in the United Kingdom are people and organisations who buy share (finance), shares in UK companies. In large companies, such as those on the FTSE100, shareholders are overwhelmingly large institutional investors, such as pension funds, insurance companies, mutual funds or similar foreign organisations. UK shareholders have the most favourable set of rights in the world in their ability to control directors of corporations. UK company law gives shareholders the ability to, *remove the board of directors with a simple majority of votes *change the company constitution with a three quarter vote (unless a higher figure is in the constitution) *wind up (i.e. liquidate) the company with a three quarter vote *veto any sale of a significant percentage of company assets *veto by a majority any restriction on ability to freely trade their shares, such as a Anti-takeover, poison pill Shareholders also owe one another duties, and owe duties under the Stewardship Code to exercis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paternoster Square
Paternoster Square is a former historic square, renamed from Newgate Market c. 1872, and now a post-war urban redevelopment, owned by the Mitsubishi Estate, next to St Paul's Cathedral in the City of London. The area was previously named Paternoster Row, after the street of the same name, once centre of the London publishing trade and was devastated by aerial bombardment in The Blitz during World War II. It is now the location of the London Stock Exchange which relocated there from Threadneedle Street in 2004. It is also the location of investment banks such as Goldman Sachs, Merrill and Nomura Securities, and of fund manager Fidelity Investments. The square itself, i.e. the plaza, is privately owned public space. In 2004, Christopher Wren's 1669 Temple Bar Gate was re-erected here as an entrance way to the plaza. The square is near the top of a modest rise known as Ludgate Hill, formerly one of the two highest points in the City of London. It is characterised by its pedestri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays
Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Friends Provident
Friends' Provident Insurance was a banking institution founded in 1832 to serve the needs of the Society of Friends (Quakers). Based in Bradford, Yorkshire, it concentrated on sickness and annuity policies until its life fund acquired Century Insurance in 1918, expanding into general insurance. The restriction to Quaker membership was an increasing constraint but the ties were substantially reduced by the Friends' Provident Institution Act 1915 ( 5 & 6 Geo. 5. c. xlv). Although Century's branch network enabled FPI to expand, the periodic underwriting losses strained the life fund's capital base and Century was sold in 1975. In the year 2000, Friends Provident demutualised and listed on the FT100 Index. After abortive takeover negotiations, Friends accepted a takeover bid from Resolution Limited in 2009. History The early years Samuel Tuke and Joseph Rowntree first mooted the ideal of a friendly society in 1829, to serve the needs of the Society of Friends (Quakers). Tuke, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Life
Standard Life is a life assurance, pensions and long-terms savings company in the UK which is owned by Phoenix Group. History 1825–2010 The Standard Life Assurance Company was established in 1825 and reincorporated as a mutual assurance company in 1925.Standard Life history: One of the first Empire builders The Scotsman, 2 September 2010 During the 19th century it opened offices in Canada, India, China and . In 2006 took place and the company was floated on the |
Legal & General
Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services and asset management company headquartered in London, England. Its products and services include investment management, lifetime mortgages (a form of equity release), pensions, annuities, and life assurance. As of January 2020, it no longer provides general insurance following the sale of Legal & General Insurance to Allianz. It has operations in the United Kingdom and United States, with investment management businesses in the Gulf, Europe and Asia. Legal & General is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Legal & General Investment Management (LGIM), the asset management arm of L&G, is the 10th largest investment management firm in the world by AUM. It is also the second largest institutional investment management firm in Europe (after BlackRock). History 1836 to 2000 Legal & General was formed by Sergeant John Adams and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aviva
Aviva plc is a British multinational insurance company headquartered in London, England. It has about 19 million customers across its core markets of the United Kingdom, Ireland and Canada. In the United Kingdom, Aviva is the largest general insurer and a leading life and pensions provider. Aviva is also the second largest general insurer in Canada. Aviva has a primary listing on the London Stock Exchange, and is a constituent of the FTSE 100 Index. Name The name of the company upon its formation in May 2000 was CGNU plc and was created when Norwich Union merged with insurer CGU. In April 2002, the company's shareholders voted to change the company name to Aviva plc, an invented palindrome word derived from "viva", the Latin for 'alive' and designed to be short, memorable and work worldwide. The new company's logo incorporated a triangle, which is based on the spire of Norwich Cathedral. The Norwich Union brand was retained for the UK long-term savings and general insurance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Armed Forces Pension Scheme
The Armed Forces Pension Scheme (AFPS) is the pension scheme of the British Armed Forces. It is a defined benefit scheme administered by Defence Business Services (DBS), a business unit within the Ministry of Defence (MOD). History AFPS 75 AFPS 05 The AFPS was reviewed in 1995 as part of the Independent Review of the Armed Forces’ Manpower, Career and Remuneration Structures under the chairmanship of Michael Bett. The review's reforms were not implemented because it was considered that the recommendations on career structures needed to be addressed before the proposals on pensions could be taken forward. In March 2001, the Labour government published a consultation on a review of the AFPS 75. The consultation reported that some of the scheme's features were "inconsistent with other public sector schemes" and that some provisions "fell short of best practice in modern pension schemes generally". Proposals for a new scheme were published in October 2003. The Armed Forces ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Police Pension Scheme
The police are a constituted body of people empowered by a state with the aim of enforcing the law and protecting the public order as well as the public itself. This commonly includes ensuring the safety, health, and possessions of citizens, and to prevent crime and civil disorder. Their lawful powers encompass arrest and the use of force legitimized by the state via the monopoly on violence. The term is most commonly associated with the police forces of a sovereign state that are authorized to exercise the police power of that state within a defined legal or territorial area of responsibility. Police forces are often defined as being separate from the military and other organizations involved in the defense of the state against foreign aggressors; however, gendarmerie are military units charged with civil policing. Police forces are usually public sector services, funded through taxes. Law enforcement is only part of policing activity. Policing has included an array of act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Civil Service Pension Scheme
Civil may refer to: *Civility, orderly behavior and politeness *Civic virtue, the cultivation of habits important for the success of a society *Civil (journalism) ''The Colorado Sun'' is an online news outlet based in Denver, Colorado. It launched on September 10, 2018, to provide long-form, in-depth coverage of news from all around Colorado. It was started with two years of funding from blockchain ventu ..., a platform for independent journalism * Civil (surname) See also * {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NHS Pension Scheme
The NHS Pension Scheme is a pension scheme for people who work for the English NHS and NHS Wales. It is administered by the NHS Business Services Authority, a special health authority of the Department of Health of the United Kingdom. The NHS Pension Scheme was created in 1948. The NHS Pension Scheme is made up of the 1995/2008 Scheme and the 2015 Scheme. From 1 April 2015 all new joiners, without previous scheme membership, join the 2015 Scheme automatically. Members prior to 1 April 2015 retain rights to remain in the 1995 or 2008 section of the existing scheme for an age-dependent limited time, after which they must transition to the 2015 scheme unless they reach the normal retirement age of their old scheme first. The NHS Pension Scheme has 1.7 million members actively contributing, 713,000 deferred members and 1 million pensioners receiving benefits. The benefits and conditions vary according to the type of worker and the dates of their service. From 2008 the "Normal Ret ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
