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The Independent View: Shareholder democracy should be for the many, not the few

Whether it’s payday lenders or rising energy bills we’ve never been more interested in corporate behaviour. But despite the fact that through our pensions we own billions of pounds of holdings in British businesses, pension savers are shut out of the investment system and denied the opportunity to have their voices heard.

Legal & General’s decision to set up a pension fund AGM (PAGM) represents an important first step in spreading ‘shareholder democracy’ to the millions whose savings are managed through a pension fund.

Shareholder democracy means giving shareholders the rights and means to hold companies to account – making …

Posted in Op-eds and The Independent View | Also tagged and | 3 Comments
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  • Nigel Jones
    @Vince, your nuanced approach makes some sense and as you say it is a complicated situation. If we get gas from the Jackdaw field and not importing it, does tha...
  • Nigel Jones
    I agee with your main argument. We do not need to support many pensioners with the triple lock and those who are poor should be provided for in another way. I ...
  • Jana
    Two seats where Restore standing has probably cost Reform gains. If this becomes an ongoing pattern, Farage may have to swallow his pride and do a deal with Res...
  • Chris Bowers
    Thank you to everyone who commented on my post, even if, by the end, the responses had drifted into the realm of comments-about-comments-about-comments. I think...
  • Chris Perry
    What the Prime Minister actually said was that if a prices link or 2.5% did not keep up with earnings over time the government would correct it. But that would ...