‘My bill is lost’: Ros Altmann confirms progress on trust cost disclosure reforms undone by general election
Investment Week highlighted the fall of Ros’ Private Member’s Bill, as the General election prevented it proceeding to the Commons.
Investment Week highlighted the fall of Ros’ Private Member’s Bill, as the General election prevented it proceeding to the Commons.
Ros was quoted in New Model Adviser explaining that the General Election being called has meant no legislation has been passed to end the charges disclosure problem for investment companies.
Ros published a column in Citywire, responding to an article that suggested changes to investment company charge disclosures would be damaging, rather than helpful. She explains that this issue is widely misrepresented and misunderstood and needs urgent resolution.
Ros is quoted in a Citywire article criticising her Private Members Bill and the calls for proper transparency on charges disclosures, so investors are not misled.
Ros was quoted in an article in The Times, about why charge disclosure rules that deter buyers from UK investment trusts are so damaging to the economy and resulting share buybacks are preventing investment in important sectors
Ros was quoted in Citywire commenting on AIC concerns that much needed charge disclosure rules are being delayed, but explaining that Labour and LibDems supported these changes, so hopefully the matter will be addressed by any new Government, whoever wins.
Ros wrote an Opinion Column for Investment Week explaining how the Regulator is undermining the success of British investment companies.
Ros was interviewed along with Baroness Bowles about the problems for investors in UK listed investment companies and how the cost disclosure rules are flawed and damaging to this important area of the market.
Ros was quoted in the Financial Times warning that the misleading cost disclosures forced on UK investment companies was a self-inflicted own goal which is damaging a great British financial sector.
Ros is quoted in ThisISMoney article about the impact of flawed ‘kafkaesque’ charges disclosure rules that have damaged investment in UK investment trusts to the point that they are considering listing in Switzerland instead of London. ( link to pdf )