Views of the Individual Investor Toward Internet Based Delivery of Com

Views of the Individual Investor Toward Internet Based Delivery of Com

Views of the Individual Investor Toward Internet-Based Delivery of Com...

Views of the Individual Investor Toward Internet-Based Delivery of Company Proxy Materials

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Report Home Under a U.S. Securities and Exchange Commission proposal, investors would no longer automatically receive pre-annual meeting proxy materials in paper form by mail; instead, for those with Internet connections, corporations and mutual funds would rely primarily on email to announce the online availability of these materials at a Web site. This telephone survey examines and assesses the attitudes and opinions of age 25+ investors toward this proposed change. Of those interviewed… 84% have and 16% do not have Internet access for personal use (nearly half of those age 70 and older lack Internet access, as do more a third of investors with only high school educations)
76% prefer to be notified of annual meetings by regular mail compared to only 26% favoring email
91% would be comfortable receiving documents via regular mail while 69% would be comfortable receiving letters that direct them to a Web site and provide a phone number for requesting paper copies; approximately half indicated comfort with online communication
60% preferred using regular mail for submitting proxies, compared to 27% preferring a secure Web site and 10% email Based on these survey findings, it appears that less educated investors and older investors would be placed at a disadvantage by a decision to replace the traditional method of delivering proxy materials through regular mail with a new Internet-based method. This random telephone survey of 1,493 age 25+ investors was conducted by Woelfel Research, Inc. for AARP between January 13th and January 29th, 2006. Further information may be obtained by contacting S. Kathi Brown of AARP Knowledge Management/Strategic Issues Research at 202-434-6296. (67 pages) Cancel You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits. Your email address is now confirmed. You'll start receiving the latest news, benefits, events, and programs related to AARP's mission to empower people to choose how they live as they age. You can also by updating your account at anytime. You will be asked to register or log in. Cancel Offer Details Disclosures

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