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figi wrote:1 how safe is it to transfer my holding over to people who I don't know? If my name no longer appears on the register of shareholders then how can I be safeguarded from having them nicked?2 what is the difference between a ringfenced and a non-ringfenced account? The value of my holding is (at the moment!) in excess of the
£30k I have seen mentioned as the safeguarded amount.3 I am thinking of signing up with the This is Money website Sharedealing service. They charge £15 per trade. They have no subscription charge. What appeals to me about them is that they are connected with a site I know fairly well and is backed by Associated newspapers, and also that I would be eligible to ask free advice from a team of stockbrokers.
Does anyone have experience of either nominee accounts in general or of the This is Money sharedealing service?
Thanks very much in advance to anyone who replies......
I know some people like the Halifax nominee account service as it is very cheap but, it acheives this by polling trades and only dealing on specific days of the month.
cloud_dogPersonal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
Hi - I'm looking to sell my holding of shares and want to know the cheapest and most convenient to get rid of the following ordinary shares:
500 shares of BT
5000 shares of Gamingking
500 shares of Firestone Diamonds
500 shares of TG21 (ex TOAD)
should I go through the firms appointed share dealing service (i.e. Llyods TSB Registrars in re. BT Shares) and deal the rest through a single broker - or should I just go through one broker (will I get a better deal this way?)
thanks in advance for your help{Signature removed by Forum Team - if you are not sure why we have removed your signature please contact the Forum Team}0 -
LOST wrote:Hi - I'm looking to sell my holding of shares and want to know the cheapest and most convenient......
For convienience take the share certificates to a local bank who provides a share dealing service (Barclays / Natwest, etc) but you are likely to pay up to £30 per transaction.
Alternatively open a dealing account with an online broker, send in the share certs, and then sell them (Selftrade charge £12.50, others charge more / less, Halifax have a dealing service that is very cheap but you can only deal on specific days of the month).
cloud_dogPersonal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
cheers dog!
will have a look into them!{Signature removed by Forum Team - if you are not sure why we have removed your signature please contact the Forum Team}0 -
LOST wrote:cheers dog!
will have a look into them!
cloud_dogPersonal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
MSE might like to note that Hoodless Brennan have been fined for a second time by the FSA - this time for unacceptable sales practices which includes persuading customers to buy high risk shares. Cheap isn't always best...0
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Seen that earlier myself CC - should we only take this into consideration where investors have HB hired as an advisor. Or for people like myself currently investigating the market to use HB online to buy/sell stock would this have an affect?0
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Hi, Franko,
A well-respected poster on TMF has this to say about HB.
I don't know whether the people who have been telephoned by HB are only those using the advisory service but I have to say that if my ( execution only ) brokers were to be fined for " unacceptable practices " they wouldn't see me for dust!0 -
Agree CC - this hasn't been the first time it happened to them. However MSE articles seem to give them a big thumbs up esp. when it comes to price. But price ain't everything. On the flip side since they now might have a bit of a credibility problem they may tighten their horns in and even cut prices to attract lost business0
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