UK - Two UK agms and one egm are worthy of note in the week November 5-9, according to corporate governance specialist Institutional Shareholder Services.
On November 6, The board of Morse is seeking shareholder approval for its remuneration policy at its upcoming agm. The IT solutions resides in the FUSE SmallCap and techMARK 100 and lists among its shareholders Prudential (9.29%), AXA Sun Life (7.47%) and (Standard Life (3.15%).
On November 8 strategic consultancy Logica seeks shareholder approval for an authority to make EU political donations pursuant to the Political Parties, Elections and Referendums Act 2000.
On November 9 supermarket chain Asda’s egm has been requisitioned by Productive Nominees, the holder of approximately 29% of the company's share capital, for the purpose of amending the articles of association to entitle any member holding at least 75% of the issued share capital to appoint directors, alternate directors and members of board committees, and to remove them from office.
Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.
This week's top stories included a Freedom of Information request revealing more than 100,000 savers could face six-figure tax bills as a result of GMP equalisation.
The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.