William Franklin is a chartered accountant and share scheme adviser, and partner and founder of Pett, Franklin & Co LLP.
It can help to bridge the divide between labour and capital and encourage more productive and equitable businesses and societies
We need to encourage share schemes among smaller UK listed companies and private equity backed companies.
You are right to be cautious. Share schemes are not a panacea. Nothing is. But it is worth giving it a real try.
The start of a convergence between pensions and employee share schemes.
That its use of EBTs is benign and not abusive.
Enterprise Management Incentives (EMI)
Easier and more tax efficient buybacks being permitted for employee owned shares in unquoted companies.
All politicians who seek the achieve change through democracy are concerned by the division between labour and capital and are looking for solutions.
Henry Wallace - 33rd Vice President of the USA
“Surely You’re Joking, Mr Feynman”
“The test of our progress is not whether we add more to the abundance of those who have much, it is whether we provide enough for those who have too little”. Why? FDR’s challenge to himself in the middle of the Great Depression is also a challenge to us all and just as relevant today as it was in 1937.