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  • FIRST POST
    • ed44
    • By ed44 12th Oct 16, 8:44 PM
    • 22Posts
    • 29Thanks
    ed44
    TD Direct sold to Interactive Investor
    • #1
    • 12th Oct 16, 8:44 PM
    TD Direct sold to Interactive Investor 12th Oct 16 at 8:44 PM
    https://www.moneymarketing.co.uk/interactive-investor-acquires-td-direct/

    http://www.tddirectinvesting.co.uk/special-pages/customer-information/?_ga=1.259966666.1942136220.1414500024

    No change to the TD service in the short term.
    Last edited by ed44; 12-10-2016 at 9:05 PM. Reason: changed link
Page 8
    • ed44
    • By ed44 17th Jul 17, 2:34 PM
    • 22 Posts
    • 29 Thanks
    ed44
    This is new:

    Will transfer out fees be charged for TD Direct Investing customers who don’t want to stay with Interactive Investor when the new pricing approach is introduced?

    We want you to stay with us and to have plenty of time to try out our improved service, so we are pleased to confirm there will be no transfer out fees for existing TDDI customers until at least 1st October 2018.
    Will still be leaving if they introduce transfer out fees, but this gives more time to choose a new platform.
    • Economic
    • By Economic 17th Jul 17, 3:24 PM
    • 76 Posts
    • 53 Thanks
    Economic
    This is new:



    Will still be leaving if they introduce transfer out fees, but this gives more time to choose a new platform.
    Originally posted by ed44
    If they offer a good service then I do not why they need to charge exit fees except to reduce competition (with exit fees a new entrant would have to offer substantially lower prices to attract customers). Also, no exit fees means that if the service goes downhill then you can change broker at no cost. Anyway I have transferred one account to IG and will be transferring my ISA if TDDI introduce exit fees.
    • frugalmacdugal
    • By frugalmacdugal 17th Jul 17, 5:33 PM
    • 5,920 Posts
    • 5,117 Thanks
    frugalmacdugal
    Hi,

    well, I've got shares with TD, just share account and share ISA, so will all just transfer to II at no cost?
    Y'all take care now.
    • ed44
    • By ed44 17th Jul 17, 8:14 PM
    • 22 Posts
    • 29 Thanks
    ed44
    Hi,

    well, I've got shares with TD, just share account and share ISA, so will all just transfer to II at no cost?
    Originally posted by frugalmacdugal
    Yes. The fees are for transfers to other providers. III has taken over TDDI, so they are the same organisation.
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