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Company law change set to benefit private investors

The Government is set to review longstanding company laws which could pave the way for private investors to receive constant updates on firms&#39 results online.

The proposal is part of a wider review of company law and could see Britain&#39s 16 million private investors receive company results on the internet or by e-mail in tandem with the stock exchange&#39s regulatory news service.

At present small investors rely on company&#39s annual reports sent out two or three months after preliminary results are released to the market.

The Accounting Standards Board has already released proposals to allow businesses to provide small shareholders with simplified and more accessible versions of company accounts.

Board chairman Martin Scicluna says: “This will hopefully deal with the equality of information. It&#39s direct, it&#39s cheaper, and its more immediate.”


FSA issues stock tips warning

The FSA has issued a warning to investors about the sources of thousand of stock tips that appear daily on internet bulletin boards.The regulator has been quick to emphasise that the majority of such tips are likely to be genuine in nature.But it has published an alert on its consumer website pages pointing out that […]

BoS to jump on e-commerce bandwagon

The Bank of Scotland is set to hop on the e-commerce bandwagon and launch internet banking services in Europe.It plans to set up internet banks in Germany, France or Spain following its loss of the £24 million bid for the National Westminster Bank to arch rival The Royal Bank of Scotland.It refused to confirm what […]

IFAP TV campaign aims to get phones ringing

IFA Promotion is embarking on an TV advertising campaign to generate leads for IFAs.IFAP hopes a series of commercials on digital and terrestrial channels will get IFAs&#39 phones ringing.The series of four advertisements will run throughout the month on digital channel ITV2 and regional ITV network channel Meridian.The direct response campaign is being run on […]

L&G prioritises direct sales

Legal & General is has prompted IFA concern as it bids to help investors beat the tax year deadline by buying Isas direct on the internet.The life office says its been forced to prioritise its website for investors because its plans to use IFAs to sell Isas online are still at consultation stage.In a bid […]


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