Mutuals Bill achieves Second Reading / Hunt Review Published
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Consulting for Co-operatives and Mutuals

Mutuals' Bill achieves crucial Second Reading in the House of Commons

The Mutuals' Deferred Shares Bill, brought through the House of Lords by Lord Naseby and continued in the House of Commons by Cardiff North MP, Jonathan Evans, will now proceed to Committee Stage and Third Reading.  The Bill will permit member share capital in Friendly Societies and Mutual Insurers for the first time.

Lord Naseby has campaigned tirelessly in favour of the Bill, stating that if it goes ahead:
"Mutuals will be able to source external capital without losing their mutual status.”

The Mutuals' Deferred Shares Bill

Review of Mutuals Policy published

The Hunt Review, commissioned by Rt Hon Ed Miliband MP and Rt Hon Ed Balls MP is an independent report written by Mutuo Chief Executive, Peter Hunt. The report makes 37 recommendations to improve the business environment for co-operatives and mutuals, including:
  • A bigger role for mutuals (building societies, credit unions and mutual insurers) to increase diversity and choice in financial services
  • More employee ownership to share the rewards of work; and
  • A partnership between government and the public to increase investment in growing the economy
Mutuo and BCCM publish groundbreaking policy plan for Australian Co-operatives and Mutuals

Mutuo has published a groundbreaking policy plan for Australian co-operative and mutual businesses.

Launched at the inaugural Business Council of Co-operative and Mutuals Leaders’ Summit in Sydney, the report sets out a radical plan to grow the Australian co-operative and mutual sector.

Blueprint for an Enterprising Nation
UK Mutuals Manifesto work commences
Mutuo is undertaking work to on the forthcoming UK Mutuals' Manifesto ahead of the 2015 General Election.
A number of leading Building Societies and Mutuals Insurers have already signed up as partners to help produce the manifesto.  It’s not too late to sign up as a sponsor for £500  - please contact us directly.