The third ifs ProShare annual conference was held on 23rd September 2008 at the Hotel Russell in London. Our thanks go to our major sponsor HBOS Employee Equity Solutions and to our other sponsors Baker & McKenzie, Barclays Stockbrokers, Equiniti, Killik Employee Services, Ogier, Sanne Group and Yorkshire Building Society. Their support contributes greatly to the overall success of the event. Our thanks also go to all the speakers.
The keynote speaker this year was Charlie Mayfield, Chairman of the John Lewis Partnership. John Lewis are a shining example of employee ownership and Charlie Mayfield gave an enthusiastic, informative and well received speech.
Over 160 delegates attended the event and the feedback we have received has been very positive indeed. Amongst other things, delegates heard sessions on Financial Education and International Share Plans as well as a series of case studies. As expected the panel discussion with HMRC was a lively affair as was the discussion on the EU Prospectus Directive.
We are delighted to announce this years’ Sponsors:
HBOS Employee Equity Solutions is the UK’s largest provider of employee, executive and global share plans.
We are highly trained and experienced share plan professionals totally focused on and committed to developing long–term mutually beneficial partnerships with our clients. We work with many of the world’s leading companies; our clients include 43 companies in the FTSE 100, 86 in the FTSE 250, 7 in the Dow and 27 in the FTSE Eurotop 100. We take care of plans in around 100 countries for over 400 clients.
We tailor our full range of products and services in order to provide a complete employee equity solution for our clients – in the UK, globally and offshore. Working in a flexible, client–centric way where the emphasis is not only on meeting short–term needs but also on building long–term relationships.
Contact details: Paul Stoddart (New Business Manager) paulstoddart@hbosplc.com Tel: +44 7836 660733
Baker & McKenzie LLP, a leading global law firm, advises on all aspects of the implementation and operation of UK and international employee share plans. The London office of Baker & McKenzie has a prominent and growing share plan practice that is able to help clients with all aspects of their share plans. We have extensive experience in both UK based and international based share plans. The London practice is part of a leading network of international share plan lawyers, with lawyers in each of our 68 offices in 38 different countries that are able to help.
If you would like to find out more on how Baker & McKenzie LLP can help your company, please contact Jeremy Edwards, the Partner heading up our London Employee Benefits Team, or another senior member of our Employee Benefits Team:
Jeremy Edwards 020 7919 1263 jeremy.edwards@bakernet.com
Alasdair Friend 020 7919 1740 alasdair.friend@bakernet.com
Fleur Benns 020 7919 1857 fleur.benns@bakernet.com
Michael Ingle 020 7919 1331 michael.ingle@bakernet.com
Encouraging loyalty in your employees needn’t be a challenge if you are able to offer them a little extra as part of their reward package.
Equiniti are a UK market leading provider of employee benefit solutions and manage around 24 million shareholder and employee records. Our commitment to the ESP market over the last 30 years has enabled us to develop a comprehensive administration service, which we currently offer to over 200 companies, ranging in size from 20 employees to more than 200,000.
Equiniti offers you and your employees a variety of plans including;
The effective communication of your plan is key– let the knowledge and expertise we have built over time help you to achieve your participation goals.
To find out more about our services please email john.daughtrey@equiniti.com, call +44 (0)1903 833529
Killik Employee Services (“KES”) has become a dominant force in the provision of outsourced share plan administration and complimentary services to both UK and international employers of all sizes; working with them to deliver tailored solutions that fit their objectives, circumstances and budgets. Our clients include:
KES provide outsourced administration for both all-employee and executive share plans or software to companies who wish to administer their plans themselves. To compliment this world class administration service KES will seamlessly integrate stockbroking services including a market leading cashless exercise service; low cost share dealing for employees; wealth management and taxation services; corporate SIPP (Self-Invested Personal Pension) and workplace financial education and advice.
If you would like to find out more about our service offering please contact Peter Leach on 020 7337 0477 or email Peter.Leach@Killik.com.
Sanne Group is an independent group, based in Jersey, which provides trustee and corporate services. It has been established for over 20 years and has extensive experience administering a wide variety of structures for a diverse and multi-national customer base.
Sanne Group is committed to satisfying its customers‘ expectations and, through this culture, has built its reputation developing a strong and successful brand.
To deliver the range of services and expertise that its customers expect, Sanne Group is structured as three specialist customer–facing divisions: Human Capital Solutions, Private Wealth Services and Capital Markets Structures.
Its Human Capital Solutions division provides administrative services and operational support for both equity and non-equity employee incentive arrangements.
The equity team has considerable experience in administering all types of share plan including long term incentive plans, restricted share plans, phantom plans and large–scale, all–employee approved schemes. The non–equity team specialises in bonus deferral plans, co-investment structures and pension plans.
The teams within Human Capital Solutions also provide:
Comprehensive employee communication packages including employee presentations and dedicated telephone help-lines; and On-line databases (which can be tailored to meet each customer’s requirements) giving employers and participants secure, real–time access to plan information and providing employers with the core information required to complete their statutory returns.
For further information please contact Victoria Goode (victoria.goode@sannegroup.co.uk or 01534 750553) or Colum Spillane (colum.spillane@sannegroup.co.uk or 01534 750598)
We are the direct investment arm of Barclays Wealth – with £11 billion of our clients’ assets under our administration in over 400,000 accounts. We transact over 10,000 trades a day, 85% of them online.
Our service regularly wins awards for quality and innovation (10 in 2007 alone, including Investors’ Chronicle Stockbroker of the Year for the third year running). We are the largest player in the UK execution-only share trading industry.
As you would expect, our corporate services cover the entire spectrum of direct investment services tailored to your company’s needs:
Wide range of investment services for your employees’ needs
Award-winning services to offer to your customers and to enhance your business
Tony Carter: 020 7114 8528 tony.carter@barclayswealth.com
Will Burge: 020 7114 1715 will.burge@barclayswealth.com
George Maxwell: 0141 352 3362 george.maxwell@barclayswealth.com
www.stockbrokers.barclays.co.uk
The Global Equity Organization (GEO) is a member-founded and member-driven international non-profit organisation created to provide timely and relevant information to the global stock plan community. GEO’s 2,400+ members represent over 50 countries and include stock plan administrators, academics, nongovernmental agencies, service providers, attorneys, brokers and accountants who participate in networking, information sharing, and discussions through international, regional, national and local events. GEO’s 12 local and regional chapters provide members with co-ordinated location-specific information about the application of stock plans in the local environment. GEO has been recognised as a leading source of information on global stock plans. For more information regarding our activities please visit us at: www.globalequity.org.
Ogier’s Employee Benefit Team provides a professional, tailored and efficient administration service to a wide variety of employee benefit arrangements. The administration of restricted stock, stock option and phantom plans is core business to the Team as is the administration of deferred compensation and pension arrangements.
Many of the arrangements that are administered require the use of employee benefit trusts, which are administered by the Team both onshore and from multiple offshore locations.
Clients of the Team can take advantage of the web-enabled entitlement-tracking platform PlanTrack. The system has been designed by the Team to support the administration of employee benefit plans and it enables plan participants and employer representatives’ online access to view and interact with their benefit plan entitlements.
For an initial discussion, please contact:
Philip Norman, partner
philip.norman@ogier.com
Telephone: +44 (0) 1534 504430
Clive Chaplin, partner
clive.chaplin@ogier.com
Telephone: +44 (0) 1534 504250
Yorkshire Building Society is a market leader in the provision of Share Plan administration. With over 27 years experience we are well placed to help with your entire share plan needs, customising the service we provide to suit your company requirements. Whether your company is new to share plans or you have existing plans in need of a makeover, we have the people, systems and processes in place to make them a success.
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As usual the programme for our conference is designed to have the broadest possible appeal whilst staying focussed on topical issues. This year we have a balanced programme addressing both technical and practical issues relating to Global Share Plans; wealth creation and Financial Education in the Workplace; corporate actions and running share plans. There will be company case studies, panel discussions and research findings.
| Time | Session | Speaker |
|---|---|---|
| 0830 | Registration and Exhibition | |
| 0930 | Welcome from ifs ProShare | Anthony Nelson member of the ifs School of Finance Board of Governors |
| 0940 | Welcome from the Conference Sponsor | Richard Nelson, Managing Director HBOS Employee Equity Solutions |
| 0950 | Investigating the human impact of employee share schemes: the research approach | David McConville University of Loughborough |
| 1000 | Keynote Address | Charlie Mayfield Chairman, John Lewis Partnership |
| 1030 | Breakout Session 1 | |
| Creating wealth through share plans | Mark Sprague and Tom Cooper - PricewaterhouseCoopers | |
| Global Update – what's changing around the world and how does it affect share plans? | Jeremy Edwards & Fleur Benns Baker & McKenzie |
|
| Common Pitfalls in Share Plan Administration and tips on how to avoid them | Stuart Hamon – Sanne Group Colum Spillane – Sanne Group |
|
| 1110 | Refreshment Break | |
| 1140 | Breakout Session 2 | |
| Time for action on Financial Education | Paul Stoddart – HBOS Employe Equity Solutions Mark Sheppard – Copperfield Communication |
|
| Introducing an international all-employee share plan | John Daughtrey – Equiniti | |
| Latest trends in Executive Compensation | Lynette Jacobs Pinsent Masons |
|
| 1230 | Breakout Session 3 | |
| EUPD panel discussion | Jessica McMichael – Lovells Adetutu Odutola – FSA Jose Moncada – European Commission Jeremy Edwards – Baker & McKenzie |
|
| Global Company Case Study | Isabel de Minvielle Devaux British American Tobacco |
|
| Financial Education in the workplace – does it work? | Stuart Bailey – FSA | |
| 1310 | Lunch Break | |
| 1410 | Breakout Session 4 | |
| HMRC – panel discussion | Anne Croft – Linklaters Kevin Meehan – HMRC Chris Murricane – HMRC |
|
| Life of the Offshore Trustee – a snapshot | Peter Mitchell – HBOS Employee Equity Solutions | |
| Share Plans and Pensions – a company case study | Peter Leach – Killik Employee Services Alan Page – Killik Employee Services Mark Turvey – Novae Group |
|
| 1500 | Breakout Session 5 | |
| Sharesave Schemes over 25 Years: Past Performance and Future Trends |
Chris Jackson – Middlesex University | |
| Takeovers and Share Plans – three company case studies | Mark Jenkins – BG Group | |
| Radical change vs fine–tuning ‘tried and tested’ legislation? | Amanda Flint – BDO Stoy Hayward Mike Landon – Mercers |
|
| 1550 | Closing Remarks | Julie Richardson – Head of Employee Ownership |
| 1615 | Close of Conference | |
Timings are subject to change
Don’t forget the 3 for 2 offer available on all bookings!
To book yourself a place on this years’ Conference please click here.
Please click here to download our Sponsorship Opportunities leaflet.
The Conference held at the Hotel Russell, Russell Square, on 27 September 2007, was opened by Donald Brydon, Chairman of the ifs School of Finance, and chaired by Daniel Dodd of the BBC, who has kindly donated his fee to the BBC Children in Need charity (see www.bbc.co.uk/pudsey for details of this year’s Appeal which is taking place on 16 November).
Lembit Opik MP gave a lively keynote speech in which he emphasised the Liberal Democrats’ strong support for employee share ownership, but cautioned that work was still needed “…to adjust the culture of some businesses in the UK who are not used to sharing the rewards of success.”
Delegates had a choice of 14 breakout sessions to attend. Thank you to all our sponsors and exhibitors.
