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Iii

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  • 2shy
    2shy Posts: 31 Forumite
    masonic wrote: »
    But you are not out of the market if you do an in specie transfer..

    Thats true, what I meant was I would have maybe done some rebalancing around April, but I havent touched my account due to the fact I didnt want to disturb the transfer process.
  • sorcerer
    sorcerer Posts: 878 Forumite
    samcrawford wrote: »
    Secure Message. I marked it clearly as "Formal Complaint", but they ignored that at first and replied as normal (a few days later, not really addressing any of the questions). Then I insisted that they treat it as a complaint and after that it entered the proper process.

    Thanks,

    Sam

    They did the same thing to me, but basically I am giving them 8 weeks then going to the FCA anyway, because I know they have no intention of fixing my issue.
  • gld73
    gld73 Posts: 254 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I've received a message saying my transfer is complete (...after 3 months....) :T

    ... yet 4 holdings have completely disappeared, a total of around 25% of the value of my SIPP. My SIPP account with HL is no-more when I log in there, so HL hasn't still got the investments ... yet iii say it's all done as far as they're concerned. I've sent a secure message in the hope that a polite prod will make my investments reappear!! :(
  • Sillychuckie
    Sillychuckie Posts: 1,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Received a message today from III informing me that they are putting their prices up for SIPP customers.
    Anyone else seen this?
    I'm not even fully through the transfer from HL, which I did on the basis of them not changing their fee any time soon.

    Fortunately, it does seem that you can opt out of the new structure, and it doesn't seem be too different. It could even save you money if you trade regularly.

    Please discuss. :)
    SC

    iii.png
  • Nixter
    Nixter Posts: 69 Forumite
    Sillychuckie wrote: »
    Please discuss. :)

    Although I'm planning to leave iii as soon as the transfer is complete, I would elect to stay within the old pricing structure.

    My reasoning: As My Sipp only contains a lump sum invested in a Vanguard LifeStrategy fund, which I will hold "forever", there's no point in paying the muppets at iii any more in fees.

    Long Live Bogle!
  • Sillychuckie
    Sillychuckie Posts: 1,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 26 July 2014 at 12:35AM
    gld73 wrote: »
    I've received a message saying my transfer is complete (...after 3 months:(....)


    Count yourself lucky.
    I'm almost at 6 months and still waiting.


    They received my SIPP transfer request form on 13/02/2014 (sent recorded delivery).
    Today, there are still 4 funds in neither HL nor III, one still in HL (partial holding), and only 2 have reached III.


    I can't be bothered complaining though just yet, they are long term holdings, so it isn't really bothering me.
    If I hit a year, I'll go to the papers or something.
    Also, as long as the transfer is happening, neither one will charge me a fee (I'd complain if they did), so it is probably saving me some money.


    SC.
  • xylophone
    xylophone Posts: 45,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    On with the more positive iii news - one relative's transfer is now complete and in less than two months.

    I was expecting a tax refund on a REIT held in my ISA and it has arrived exactly when iii said that it would.

    Now, when will my second relative's transfer complete -just one fund still sitting in HL.

    And will I receive my income on Thursday/Friday..... the suspense is killing me.......:rotfl:
  • le_loup
    le_loup Posts: 4,047 Forumite
    xylophone wrote: »
    And will I receive my income on Thursday/Friday..... the suspense is killing me.......:rotfl:
    .... and the rest of us. I have told my wife to definitely not spent it until it is safe in our bank account!
  • xylophone
    xylophone Posts: 45,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    not spent it until it is safe in our bank account!

    I always knew you were a spoilsport!:D
  • Financial_Saddler
    Financial_Saddler Posts: 66 Forumite
    masonic wrote: »
    But you are not out of the market if you do an in specie transfer.

    I must admit, I did a fund switch over the past couple of days and it was considerably faster than I've experienced previously with II. Sell order placed early Monday morning, contract note around 06:15 the following morning.

    I'm now over 5 months into making an in specie transfer. Unfortunately, some funds of significant value are currently still "in transit", not showing on either HL or III. One of them has now been in limbo for nearly 2 months - so I am most definitely out of the market!
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