New claims "appeals" process

[kevinchess1]

We currently have a coalition govement kept in power by a smallish party

That maybe so but each MP still only gets one vote each

Legally, technically yes
In reality S/he will belong to a party, all MPs do, parties all have Whips, whose job is to tell MPs how to cast their vote, which is decdied by the people in that party with the biggest influence, or risk expulsion from the party

[kevinchess1]

Please tell me how someone like me has contributed more to I-Mutual than someone with much less shares who uses I-Mutual as there only cashback site.

I feel that you have contributed enormously to Imutual
You are always posting on the ‘Suggest-a-merchant’ thread, listing trackers and what other CBS are paying/posting
Also you post about ‘Guaranteeing your cashback by threatening to sue’ I’m sure I’m not the only person that read that with interest.
Also you constant playing of devil’s advocate is good for keeping RY on his toes would this thread have been as good without your input/debate?
I think not
I hope you carry on posting for a while yet

[kevinchess1]

I have been watching this thread with interest and just thought I'd express my two pennies worth

It is my belief that the whole idea of a "mutual" or "co-operative"is operated on the basis of one member, one vote system.

Yes but we're not actually a 'Mutual' company in the true sense of the word
We're a 'PLC with a Mutual ethos'

[cccashbacklover]

[quote="kevinchess1
I would this thread have been as good without your input/debate?
I think not
[/quote]


Ty very much for taking the time out to for complimentary post

I have made a nice amount of cashback via I-Mutual


Forum is much more lively and entertaining when you are posting on it


Peaches40 appears to have brought the best fact to the thread


Question for Mr Y - Do I need to take this to MSE in order to get an answer - Aid Memoir - X- Bingo

[quote="cashbacklover"]

[Ultimately Richard is Peaches40 stated belief correct - Yes or No - If she is correct then shouldnt 1 member 1 vote apply to all I-Mutual voting including AGM

[quote="peaches40"]


It is my belief that the whole idea of a "mutual" or "co-operative"is operated on the basis of one member, one vote system.
States here in "vision" that "we aim to create the UK's largest "consumer co-operative"; http://www.imutual.co.uk/aboutus


At the end of the day we are all equal, doesn't really matter if you've millions of shares they're all currently worth the same - Zero [/quote

[kevinchess1]

Not sure the '1 member 1 vote' is part of this thread topic
But it is My belief that desicion would not be up to RY but a decision for the AGM
No prizes for guessin witch weigh I'd vote

As another example The chap whio goes into Tesco once a tear for a sandwich
Don't get anywhere near the amount of Clubcard points that say the familt who shop there evry week

[cccashbacklover]

As another example The chap whio goes into Tesco once a tear for a sandwich
Don't get anywhere near the amount of Clubcard points that say the familt who shop there evry week

Neither of them get a vote at Tesco AGM do they

Relevance to eariier posted question to thread is ( If I was P I would have started a new thread ) Risk was an appeal might have been rejected and then the rejected member may have claimed the decision was flawed/didnt arise out of a properly followed procedure if Peaches40 belief is absolutely correct and the voting procedure hadnt have been changed

The outstanding question is merely a supplementary relevance to thread is that the thread became an issue about correct voting procedure for the New claims "appeals" process and now that the concern about voting procedure became an issue on this thread it is only right that it should be clarified by Mr Y whether or not the same voting procedure should be used for all I-Mutual voting.

if peaches40 is absolutely correct then it would appear that all I-Mutual voting should be conducted on 1 member 1 vote basis to avoid the voting being challenged as flawed//didnt arise out of a properly followed procedure - if not then it can carry on as it is or Mr Y could seek a majority expressed consensus

[Ultimately Richard is Peaches40 stated belief correct - Yes or No - If she is correct then shouldnt 1 member 1 vote apply to all I-Mutual voting including AGM

It is my belief that the whole idea of a "mutual" or "co-operative"is operated on the basis of one member, one vote system.
States here in "vision" that "we aim to create the UK's largest "consumer co-operative"; http://www.imutual.co.uk/aboutus


At the end of the day we are all equal, doesn't really matter if you've millions of shares they're all currently worth the same - Zero

[kevinchess1]

Didn't I already give my opinion on that point in the post immediately afterwards?

In terms of major decisions about the company (including AGM/EGM voting) I certainly don't think one member one vote (regardless of contributions) is fair, and I think our unique structure gives us an advantage over traditional mutuals in this respect.

That said, we don't need to be dogmatic about it and can use different voting systems for different circumstances. e.g. with post-of-the-month where we limit the number of shares that one individual's opinion can count for.

So, as I've already stated, although I'd prefer shareholdings to be taken into account I'm happy to compromise and try "1 member 1 vote" for the purposes of claims appeals.

[kevinchess1]

As another example The chap whio goes into Tesco once a tear for a sandwich
Don't get anywhere near the amount of Clubcard points that say the familt who shop there evry week

Neither of them get a vote at Tesco AGM do they

No
The people with the biggest votes are the biggest shareholders
At last we agree

[Sarah]

Richard, given the somewhat protracted course of one recent appeal in particular, please could you comment on the costs of running the appeals process (e.g. staff time used for administration or contributing to the appeals conducted so far. if any) and how this compares with the value of claims that have been the subject of appeals? Is the process proving to be cost effective and worthwhile? Thankyou!

[kevinchess1]

Can't comment on everything
But we have had 2 successful appeals worth £30 just under
I imagine the admins costs are how much RY pays himself and hour and how long he has to take from doin The daily clicks over at Rpoints