Latest News
April 2008
New policy for charity start-ups
The Charity Commission recently issued a reminder to charity trustees on the need to secure adequate third party insurance.
This followed its investigation into a Nottinghamshire-based charity in which the chairman had failed to insure the charity against third party liability - forcing it to draw over £1/2 million from its funds to settle a personal injury claim.
According to the Commission, this case sends a message to charity trustees that they must be active in protecting...
March 2008
Positive ratings boost for Ansvar
Standard & Poor’s Ratings Services have raised Ansvar’s financial rating outlook from BBB+ (stable) to BBB+ (positive). The current rating reflects Ansvar’s capital strength, strong operating performance and competitive position.
Martyn Fletcher, Head of Finance, commented: “This is a great result, given the difficult trading conditions and competitive markets we are operating in. It recognises the strength of the business and our clear strategy for the next five years, focused on growing...