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Which? wrote about Shareholder democracy and quoted ShareSoc data that only an estimated 1% of investors vote.
Despite a flood of stock market newcomers during the pandemic (7.1m according to the FCA), shareholder advocacy group ShareSoc estimates just 1% of private shareholders exercise their right to vote.
Investment platforms may be partially to blame, with our research finding that while some have a streamlined voting system, for others it’s complex and convoluted with investors given no automatic voting rights and no ability to vote online.