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The virtues of compliance over complaint
15 Jan 2006 source: ft.com

Are new financial regulations helping or hindering business? According to research published on Monday by Atos Consulting, most managers believe that the regulations offer them few benefits, if any. // Seven out of eight of 236 European chief financial officers questioned believe that regulations such as Sarbanes-Oxley, Basel II and the International Financial Reporting Standards (IFRS) offer no positive benefits, and 40 per cent believe them to be an outright hindrance, increasing time and cos ...


Eye scan firm Optos plans IPO
15 Jan 2006 source: today.reuters.co.uk

LONDON (Reuters) - Scottish optical scanning firm Optos said on Sunday it planned to float in London, raising approximately 30 million pounds in an offering of new shares that will value it at about 150 million pounds. The Dunfermline-based group, which employs 170 staff, has developed an improved laser scanner for detecting retinal problems such as retinal detachment and age-related macular dege ...


Standard Life targets young women in drive to vote
15 Jan 2006 source: today.reuters.co.uk

LONDON (Reuters) - Standard Life, Europe's biggest mutual life insurer, is to step up its campaign to get members to vote on its proposed demutualisation by targeting the groups least likely to vote, such as young women in southeast England. The Edinburgh-based insurer plans to list its shares this summer if 75 percent of members who vote agree to end its mutually owned status, and it is keen for ...


Online sales boom boosts Sainsbury's
15 Jan 2006 source: thisismoney.co.uk

Teena Lyons, Mail on Sunday15 January 2006 SAINSBURY'S is to relaunch its online grocery service to capitalise on a 45% rise in internet sales during the last quarter of 2005. SHOP FROM HOME: Sainsbury's will relaunch its online store OTHER STORIES Post Office 'at risk of going bust' NTL raises bid for Virgin Mobile Market report: Friday close DIY chain buys time with £200m deal French to pull out as LSE price soars THE EDITOR'S CHOICE TOP STORY: ICICI' ...


Post Office 'at risk of going bust'
15 Jan 2006 source: thisismoney.co.uk

Tom McGhie, Mail on Sunday15 January 2006 ROYAL Mail is in danger of going bust because the Treasury is reluctant to throw it a £2 billion lifeline, Financial Mail understands. ON THE BRINK OF COLLAPSE: The Royal Mail needs billions from the Government OTHER STORIES ITN looks for new horizons Market report: Friday close More forced to work beyond 65 Iran crisis to bring soaring oil costs Criminals target 'secure' sites THE EDITOR'S CHOICE TOP STORY: ICI ...


Curb your expectations on fund performance
15 Jan 2006 source: marketwatch.com

BOSTON (MarketWatch) -- Cleaning my desk to start the new year, I stumbled on an annual report issued last fall by a fund firm I invest with. It contained words you'd never expect to hear from the president of a fund company. MARKETWATCH PERSONAL FINANCE  IN INVESTING The 'new' 30-year Treasury bond  IN MUTUAL FUNDS Curb your expectations on fund performance  IN LI ...


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