Mutual insurer Royal London is holding an Extraordinary General Meeting on Friday 19th November to propose proxy voting be introduced for its members.
Key changes to the mutual’s Articles of Association – otherwise recognized as the legal constitution of the company - have been proposed as the rules currently state members have to appear in person to vote on a matter at general meetings.
Instead, the rule change could mean a member can appoint either a proxy or postal vote through the chairman on their behalf.
Details of the reform have been sent out as information packs to its 500,000 members, ahead of the 11am meeting on November 19th at Grange City Hotel in 10 Cooper’s Row, London.
More information about the changes, including a map and direction for the EGM, is available on the Royal London Group website.IFAonline
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