Capita Share Plan Services

Facts and stats

Over 90% of companies listed in the UK now operate an employee share plan, with a total of over 3 million employees participating.

These figures are exceeded in the US, whilst growth in European countries is accelerating.

News archive

Latest industry news and updates

2008

Date: 04/12/2008 - CSPS's clients come out on top at ifsProShare Awards
On 21 November 2008 the prestigious ifsProShare Employee Share Ownership Awards took place at the New Connaught Rooms, Covent Garden, with over 500 people from the Employee Share Ownership industry in attendance.
Date: 03/11/2008 - FSCS confirms 2.3 million SAYE savings accounts are protected
On 30 October 2008, the Financial Services Compensation Scheme (FSCS) issued the following statement:
Date: 08/08/2008 - Changes affecting all SIP & SAYE Schemes
A recent ifsProShare announcement stated that HMRC have released new changes to the Finance Act 2008 regarding participants who are resident but not ordinarily resident for SIP and SAYE schemes.
Date: 08/08/2008 - SAYE Bonus Rates Change
Following a year of base rate rises, HM Treasury have reviewed the bonus rates payable on approved ShareSave Schemes. Details of the new rates which become effective on 1st September 2007 are as follows:-
Date: 17/06/2008 - TelecityGroup Wins at Share Ownership Awards
On 14 October 2008, the Employee Share Ownership Centre (ESOP) held their Awards Dinner at the Oriental Club, with more than 70 members in attendance.
Date: 01/04/2008 - Capita Share Plan Services 7th Summit
The seventh Share Plans Summit will be taking place on 25th April 2008 at Vintners Hall, London. Excellent feedback was received from our last summit at the Institute of Directors last year.
Date: 29/01/2008 - CESR works on Employee Share Scheme Prospectuses
The Committee of European Securities Regulators (CESR) has recently published a letter from Commissioner Charlie McCreevy to CESR’s Chairs requesting CESR’s assistance on the issue of employee share schemes.
Date: 29/01/2008 - ifs ProShare - Celebrating Excellence
On Thursday the 7th February 2008, ifs ProShare will again be hosting their popular Celebrating Excellence event.
Date: 25/01/2008 - Latest news on Capital Gains Tax & the effect on Employee Share Ownership Plans
Following Alistair Darling's decision not to amend his capital gains tax reform plans, The Telegraph and The Guardian have released the articles below.

2007

Date: 04/12/2007 - Capita Share Plan Services enjoys success at the ifs Proshare Awards
On Tuesday 22nd November the annual ifs ProShare awards took place at the New Connaught Rooms in Covent Garden.
Date: 23/11/2007 - 272,000 employee shareholders could face increased CGT bill
ifs ProShare, the not-for-profit organisation that supports employee share ownership, today met with Treasury officials to express the views of the employee share plans industry...
Date: 30/10/2007 - ifs Proshare statement on Capital Gains Tax
Following consultation with its members ifs ProShare have outlined certain solutions in relation to the new CGT rules and their impact of employee share plans.
Date: 04/09/2007 - Updates to HMRC Annual Statistics
The HM Revenue & Customs (HMRC) has recently updated its statistics on the following employee share schemes:
Date: 13/08/2007 - SAYE Bonus Rates Change
Following a year of base rate rises, HM Treasury have reviewed the bonus rates payable on approved ShareSave Schemes. Details of the new rates which become effective on 1st September 2007 are as follows:-
Date: 03/07/2007 - Capita Share Plan Services presents its latest SIP Trend Analysis
We are delighted to publish our sixth SIP Customer Trend Analysis, drawn from a breakdown of over 150 of our SIP clients. Our findings highlight the key design features in the development of Share Incentive Plans (SIPs) since August 2000.
Date: 20/06/2007 - Winner - The Capita Group Plc - Financial Education Programme
The judges were impressed with The Capita Group Plc's "cradle to the grave" approach to the financial education of 26,000 staff based at over 230 sites.
Date: 14/06/2007 - Capita Registrars team in Chelsea Right to Play World Cup
On Friday 25th May a football team made up of staff from Capita Registrars competed in the inaugural Chelsea Right to Play World Cup 2007.
Date: 14/06/2007 - ifsProShare Briefing Notes June 2007
The ifsProShare has published a briefing paper that sets out the impact of Markets in Financial Instruments Directive (MiFID) on UK share plans, after consultation with Treasury, the FSA and the EU Commission.
Date: 17/04/2007 - Annual Report and Accounts 2006
The Capita Plc 2006 Business Review and Annual Report is now available to view after a a year of record major sales wins and strong operational performance across the Group.
Date: 17/04/2007 - The impact of the 2007 Budget on Employee Share Plans
The Finance Bill 2007 contains four clauses which employers will need to review for their impact on employee share plans, but there are no extra benefits for approved employee share plans.
Date: 13/03/2007 - Capita continues to embrace Technology
The shareportal service has recently undertaken further enhancements, with new added features creating even more benefits of using the online facility.
Date: 02/03/2007 - Financial Education in the Workplace
Following on from Capita’s success in winning the Best Financial Education Programme for Employees at the ifsProshare awards in 2005...
Date: 01/02/2007 - Office Move
The Capita Share Plan Services Business Development team and the myshares helpdesk have now moved from their Gresham Street, London office to their new home at Beaufort House.
Date: 01/02/2007 - Site Updated
Our homepage has recently changed to include the new log-in for the Employee Share Portal.

2006

Date: 06/12/2006 - Share Plan Summit 4
The fourth Share Plan Summit was held at the Institute of Directors on Friday 3rd November 2006 and again proved to be an extremely successful day.
Date: 06/12/2006 - Capita Share Plan Services enjoys success at the ifsProshare Awards
On Thursday 23rd November the annual ifsProShare awards took place at the New Connaught rooms in Covent Garden. Once again our clients were successful in taking top honours in no less than three different categories.
Date: 16/10/2006 - Capita Share Plan Services - Going Places
Going Places- John Meehan provides some observations having recently joined Capita as CSPS’s new Business Development Director
Date: 27/09/2006 - Employee Share Plans and Age Discrimination
New regulations governing age discrimination (The Employment Equality (Age) Regulations 2006) will come into force on 1st October 2006.
Date: 09/08/2006 - Capita Acquires Abbey Share Incentive Plan Administration Business
Capita Share Plan Services announces that it has acquired Abbey National AESOP Trustees Limited, the Share Incentive Plan administration business of Abbey, for an undisclosed amount.
Date: 08/08/2006 - SAYE bonus rates change
Changes to the bonus rates for new SAYE (Save as You Earn) / Sharesave contracts have been announced by HM Treasury with effect from 1st September 2006.
Date: 01/08/2006 - 2004-2005 HMRC national share scheme statistics
HM Revenue & Customs have now released their 2004 – 2005 national share scheme statistics on approved Share Plans.
Date: 27/07/2006 - 18th Annual conference in Cannes
Capita client wins award at the Employee Share Ownership Centres 18th Annual conference in Cannes
Date: 06/07/2006 - Michael Pearce appointed Head of Share Plans Ireland
Capita Share Plan Services Ireland have confirmed their commitment to the Irish share plans market by appointing Michael Pearce as Head of Share Plans Ireland.
Date: 30/05/2006 - Employee Benefits Awards 2006
The awards ceremony was held on May 18th at the Royal Lancaster Hotel, hosted by the comedian Jimmy Carr.
Date: 22/05/2006 - SIP Customer Trend Analysis
This is our fifth analysis and specifically demonstrates how our SIP clients and their Share Plans have developed since August 2000.
Date: 17/05/2007 - Capita Board Appointment
Capita is pleased to announce that with effect from 1 August 2006, Mr Eric Walters will become the Non-Executive Chairman of the Group.
Date: 16/05/2006 - Share Plan Summit 2006
Our third Share Plan Summit, held at The Natural History museum on Thursday 4th May 2006, was a huge success, thank you to those who attended.
Date: 24/04/2006 - Capita Registrars Client Advisory Group meeting - Imperial War Museum
Capita Registrars hosted an Advisory Group meeting for a number of their Registration clients at the Imperial War Museum on Tuesday the 21st March 2006.
Date: 12/08/2009 - Hot off the press - April 06 newsletter
In our first edition of 2006 we are pleased to introduce a new and regular feature ‘Offshore Corner’, in Jersey.
Date: 28/03/2006 - Results 2005 - Chairman's Statement
Capita has enjoyed a highly successful year in 2005.
Date: 28/03/2006 - Capita announces board change
The Capita Group Plc (“Capita”) announces that Rod Aldridge has taken the decision to step down from his role as Executive Chairman.
Date: 23/03/2006 - Budget 2006 - Changes to share plans are disappointing
Yesterday’s budget saw a disappointing lack of encouragement for employee share ownership, with the only change covering a tightening of the legislation to stop tax avoidance schemes.
Date: 17/03/2006 - Upcoming Share Plan Summit 2006
Following the success of our Share Plan Summits in 2005 we are extremely pleased to announce details of the first Capita Share Plan Summit of 2006.
Date: 22/02/2006 - Capita offers Share Plans in Jersey
Capita continues to offer clients excellence in Share Plan Administration, in addition to our offices in mainland UK we have staff at our offshore locations on Jersey and in Dublin.
Date: 30/01/2006 - Capita Clients Celebrating Excellence
Three Capita clients will be presenting at the ifsProShare Annual Awards 2005 - Celebrating Excellence on Wednesday 15th February 2006.
Date: 25/01/2006 - Relationship Team Update
Due to the continued growth of our business we recently expanded the Relationship Management Team.
Date: 17/01/2006 - Lobbying for change
The Government has made a well-publicised commitment to encouraging employee share ownership in the pre-budget report.
Date: 03/01/2006 - Update on ABI Guidelines
The Association of British Insurers (ABI) recently published revised guidelines on executive remuneration.

2005

Date: 21/12/2005 - What can our Share Portal do for you?
The Share Portal is the web gateway for shareholders and employees to manage their holding portfolio online, as well as giving shareholders and employees instant access to their holding in a secure environment.
Date: 15/12/2005 - Employment-Related Securities - Reporting Requirements and Form 42
On the 28 November, the Chancellor of Exchequer announced a revision of the rules on reporting of employment-related securities.
Date: 08/12/2005 - Client success at the ifsProShare Awards
On Tuesday 6th December the annual ifsProShare awards took place at the Hilton hotel on Park Lane in London.
Date: 24/11/2005 - Enterprise Management Incentive update
On the 10th November the HM Revenue & Customs issued EMI1.
Date: 11/11/2005 - The Market Abuse Directive
In an attempt by the European Union to harmonise legislation on market manipulation and insider dealing within the EU, Directive 2003/6/EC came into being, and now forms the basis of the revamped UK Market Abuse regime, effective on 1 July 2005.
Date: 08/11/2005 - OPTIONSmanager release
Capita Share Plan Services are delighted to announce the release of OPTIONSmanager version 4.2.
Date: 28/10/2005 - Share Plans and Pensions
From April 2006 it will be possible to transfer shares direct from an SAYE maturity or from a Share Incentive Plan (after 5 years) into a Pension fund.
Date: 03/10/2005 - Capita assists in developing European employee share plan
The International Association for Financial Participation ( IAFP) has undertaken to draft a model plan for financial participation in EU Member States in agreement with the European Commission.
Date: 06/09/2005 - Capita Acquires Channel House Financial Services Group
Capita Trust Company (Jersey) Limited, has announced that it has acquired Channel House Financial Services Group Limited (“Channel House”), based in Jersey, for an undisclosed sum.
Date: 01/08/2005 - Grey areas still remain for the EU Prospectus Directive
The EU Prospectus Directive (“PD”), which came into force on 1st July 2005, potentially affects all companies offering share-based incentives to employees based in the EU.
Date: 11/07/2005 - PartyGaming IPO succesful
The Capita Share Plan Services Executive Plan team has recently worked on the PartyGaming share plans – an IPO that came to market with a £4.64bn market capitalization and which is likely to join the FTSE 100 in September.
Date: 11/07/2005 - Executive Plan & Sales Team move office
The Capita Share Plan Services Executive Plan and Sales Teams have now moved.
Date: 20/06/2005 - easyJet Shares 4 Me
Capita Share Plan Services and easyJet have recently held presentations and briefings on their Share Incentive Plan, branded Buy As You Earn Plan, for staff at Gatwick, Stansted and Luton airports.
Date: 15/06/2005 - Northern Rock wins share scheme strategy award
Our client Northern Rock won the “most effective employee share scheme strategy” award at this year’s Employee Benefits awards.
Date: 14/06/2005 - Capita client wins IPSA award for best share plan
C&C Group was awarded the “Best Employee Share Plan with over 750 employees” Award at the Irish ProShare Association (IPSA) Annual Awards 2005.