If you are one of 252 submitters to the HB Power Consumers’ Trust’s latest review of the ownership of Unison shares, all your personal contact information has been publicly shared. Your privacy violated.
By now you should have received an apology from Trust Chair Diana Kirton.
Here’s mine (I’m voluntarily releasing my email address). I’ll let Chairwoman Kirton spell out the Trust’s incompetence in her own words.
This is a pretty basic mistake. Apparently one reflecting past practices. Discovered by the doggedness of Trust critic, Brian Anderson of Free the Funds.
And if you get the small things wrong …
No surprise then that Chair Kirton and her Trust covey don’t recognise their other significant legal obligations, like determining and then telling shareholders what Unison shares might actually be worth.
If we need a Power Trust at all — a dubious proposition at best — surely we need one that is not an embarrassment, but rather is competent and understands the full fiduciary responsibilities of directors.
The only thing this Trust does with skill is get a fresh photo of the Trustees taken each year to commemorate its insignificant role in handing over our latest annual allotment of Unison’s profits.
Now that they do that online, you can only pray they are a bit more careful with your bank account records.
God forbid they screw that up!