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Ifs proshare


ifs ProShare is the voice of the employee share ownership industry in the UK.

Established by the British Government, and a number of FTSE 100 companies in 1992 to promote employee share ownership, today ifs ProShare has more than 100 members and is a not-for-profit organization.

Employee share ownership is where employees own shares in the company that they work for, more often than not through an HMRC approved employee share plan i.e. a Save As You Earn (SAYE), Share Incentive Plan (SIP), Enterprise Management Incentive (EMI) plan or a Company Share Option Plan (CSOP). According to the latest ifs ProShare annual survey (July 2014) over 2 million employees in the UK currently own shares in the company they work for as a result of their participation in an HMRC approved employee share plan.

This is not the same as Employee Ownership as conducted by the likes of Arup and the John Lewis Partnership - where employees theoretically own either a substantial stake of the company or the whole of the company.

The organisation was acquired by ifs University College in 2004. Since then the organisation has been run by Anne Kiem 2005-2008 then Phil Hall 2008-2009 and again Anne Kiem (2009 – 2014). During this time the organisation has had a number of people undertaking the public facing role of Head of Employee Share Ownership:

Historical note:

Due to financial difficulties ProShare was split into two organisations in 2004. The private investment clubs element of the organisation was purchased by Digital Look and continues to trade under the ProShare name.

The student investor and the employee share ownership elements of the organisation were successfully acquired by financial education charity the ifs University College.


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