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Articles

Wednesday, 5 October 2011

Right of Members to Require Audited Company Accounts

Minority shareholders should be aware that there are means available to them under the Companies Act 2006 to require their company to produce audited accounts.

Excluding Liability for Misrepresentation

An "entire agreement" or "whole agreement" clause can be found in many types of commercial agreements. What is the purpose of such a clause?

Tuesday, 4 October 2011

Directors' Duties under the Companies Act 2006

The role of company director carries with it very serious responsibilities, in the form of the duties which a director owes to the company and its members as a whole. The scope and nature of these duties have historically been defined by decisions of the courts. Now, the Companies Act 2006 has brought together these historical legal principles and with a view to making law more accessible, the Act sets out at sections 171 to 177 the general duties a company director must observe.

Friday, 29 July 2011

The Future of Referral Fees Under Consideration

An outright ban on referral fees is being discussed by government as David Cameron is reported as being sympathetic to harassed consumers.

An evolving compensation culture has meant that customer details have been sold by insurance companies or even by the Police to personal injury firms without the permission of the customer themselves. As well as being an intrusive practice, it has also caused the cost of car insurance to rise sharply despite the number of accidents having fallen in recent years for example.

Friday, 22 July 2011

Overseas Retirees Transferring UK Pensions Offshore with QROPS

Qualifying Recognised Overseas Pension Schemes (QROPS) offer a raft of benefits to those planning to retire abroad. The schemes have potential to reduce taxes when pensions are paid out, remove currency risk and avoid tax on any remaining lump sum available to pass to heirs. Risks do exist though so professional advice is a must.

Thursday, 30 June 2011

Offshore Income Bonds - An Antidote to Higher UK Taxes

Offshore bonds are still a highly appropriate investment vehicle for a wide variety of circumstances, and this article explains the attractions of offshore bonds for four specific types of investor.

Monday, 27 June 2011

Thousands "Ripped Off" by Unregulated Will-Writers

The first Chief Legal Ombudsman, appointed in 2010, has reported that thousands of people are being ripped off by companies providing unregulated services including will writing.