AIC releases shareholder voting information for platform users

Consumer and adviser platforms

Jayna Rana
clock • 4 min read

The Association of Investment Companies (AIC) has released a breakdown of how shareholders can vote on company shares via both retail and adviser/wealth manager platforms, in association with the lang cat.

The new information, which can be found on the AIC's website, looks at both consumer platforms, such as BestInvest and Hargreaves Lansdown, as well as adviser platforms like Alliance Trust Savings. It includes whether or not investors can actually vote on their shares held on platforms, how they can do this, how far in advance they need to contact the platform to do this and if there is any charge.  Commenting on the provision, Ian Sayers, chief executive of the AIC, said: "In many ways platforms have been good for consumers, providing them with a simple, convenient and cost-effective...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Trustpilot