Hoodless Brennan Charges Update

patwa_2

Hello.

A search for "Hoodless Brennan" yielded nothing so I thought I'd post this so that those who either deal with HB or are thinking of doing so could be informed as to their new charges:

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24 January 2007


Dear Client

Variations to our charges

I am writing to advise you of the following variations to our charges that will be effective from 4th February 2007. Our aim is to offer investors outstanding value products with clear and transparent charges and, as the table below shows, these variations do not apply to our main charges which remain unchanged and offer you excellent value for money.

Our goal is to offer our clients outstanding value products with clear and transparent charges. Recent accolades, such as Investor's Chronicle award for best online stockbroker for cost and features in the Sunday Times review of top stockbrokers describing us "a good, no-nonsense broker for the cost conscious investor", confirm we are doing just that.

Indeed, responding to our clients' wish to have greater control and flexibility over their investments we can now provide many of our administrative services to you at no charge at all. For instance we will soon be contacting you about accessing your own statements on line, when it suits you.

You need do nothing on receipt of this letter. However for your information, the table below highlights changes we are introducing in a simple "at a glance" guide. Or you may wish to review the full list of charges which is attached. Full details of our revised commission rates and charges will be available on the website from 4th February 2007.


COMMISSION RATES AND CHARGES (CHANGES EFFECTIVE 4TH FEBRUARY 2007)

AGENCY TRANSACTIONS THAT DO NOT SETTLE VIA THE UK AND CREST ARE CHARGEABLE AT £40 PER TRADE OR 0.5% WHICHEVER IS GREATER

OTHER CHARGES
Invalid stock rejection from Registrars £15 Withdrawal of Share Certificates will incur an additional charge of £15.00

OTHER SERVICES
Transfer of foreign holdings outside of Crest via agent £40 per item Foreign certificate deposit £50 per line of stock Sale of shares under probate £17 per line Request for duplicate dividend voucher £5 each Request for hard copy of annual reports £5 each Request for hard copy of statement £2.00 each



Unless we hear from you to the contrary your acceptance to the amendments to our charges, which will be applicable on any transaction undertaken on or after the effective date, will be deemed without confirmation from you.

I would like to thank you for choosing Hoodless Brennan and assure you that in 2007 we will be bringing you many more great value financial products and even better customer service.

Yours faithfully
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Nigel Smith
Chief Executive Officer
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Glad

PATWA

please would you clear your private message box

Geoffo_M

I can't see any mention of the online transaction charge currently standing at £7. Or am I missing something?

Geoff

patwa_2

OK, I really can't work out and am not sure what it has to do with my post but I'll get onto the PM inbox issue.

Glad

patwa wrote:

OK, I really can't work out and am not sure what it has to do with my post but I'll get onto the PM inbox issue.

because I need to send you a pm and can't because you have no room
so I posted here hoping you would read it

patwa_2

Hi, good enough. Sorry, didn't mean to come across as though I was putting you on the spot. I'm a bit of a hoarder like that, e-mail inbox's the same. anyway sorted now.

mattbass

Geoffo_M wrote:

I can't see any mention of the online transaction charge currently standing at £7. Or am I missing something?

Geoff

That stayed the same. These are some of the other services they can make charges for.