Uncategorized

The APPG for Mutuals will be holding its  AGM on 27th November 2018 in Parliament. For more details please contact appg@mutuo.coop

Insurance Premium Tax in the UK In the last three years the rate of Insurance Premium Tax (IPT) in the UK has risen from 6% to 12%, with the total tax collected from insurers now exceeding that from the bank levy.  The tax was primarily increased to raise revenue from quasi-compulsory insurances, such as motor…

The All-Party Parliamentary Group for Mutuals has challenged the way that government and financial regulators work with mutuals. The Group has called for a series of reforms that will enable building societies, friendly societies and mutual insurers to compete on a fair basis with PLCs.

The All-Party Parliamentary Group for Mutuals has called on the Government to take urgent action to improve the way that football club owners behave towards supporter groups. In a report that is critical of the attitudes the Football Association, Premier League and Football League exhibit towards the ownership of clubs, MPs have called for them…

Yesterday (20th May 2013) saw the launch of the new APPG for Mutuals at a Parliamentary Reception in Westminster. The launch was attended by MPs from each of the main parties as well as experts from across the mutual sector. The purpose of the new All-Party Group (APPG) is to discuss and support mutuals in…

Following the October 2012 AGM of the All-Party Parliamentary Group for Building Societies and Financial Mutuals, it has been agreed to widen the remit of the Group to cover all types of mutual organisation and to create the All Party Parliamentary Group for Mutuals.

How can the Government best develop a policy strategy to implement the Coalition’s commitment to promote mutuals? The Group accepts that the Coalition Government has been in power for just over a year and so there are limitations to how easily one can gauge their success in promoting mutuality over such a limited period of…

An All-Party Parliamentary Group examining the true cost of demutualisation among life companies and building societies has recommended that legislation is introduced requiring an independent check on “windfalls” to ensure members’ interests are being protected. The report, “Windfalls or Shortfalls? The true cost of demutualisation”, is based on the group’s short Inquiry, held in November.…