ALLIANCE Trust Savings is set to launch a service that will help listed companies build a closer relationship with their shareholders.
The service, which was due to become available from November 14 2006, will provide a channel for companies to talk to individual investors who have holdings in Alliance Trust Savings’ nominee account. It provides customers with a way of directing the nominee’s vote on company affairs. The launch comes after Royal Assent was given to new rules in the Companies Bill last week. These require companies to communicate with all individual investors asking for corporate information, including those who invest through nominees. Currently individual investors who invest through nomin...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes