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iii introducing quarterly £20 charge

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  • i1189
    i1189 Posts: 200 Forumite
    pqrdef wrote: »
    Now I'm confused. I've just sold a fund and they haven't charged any commission.

    Apparently despite their unclear T&C's there isn't any commission on selling until July - I confirmed with them this morning. Going to sell all my funds before moving and just transfer my shares.
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    Well I said funds could be sold free until 1 July, and it was queried, and I went digging through the site and decided I was wrong. But now I can't find what I thought I found.


    These are the links for the current charges

    http://www.iii.co.uk/trading/share-dealing/charges-until-1July2012

    http://www.iii.co.uk/trading/share-dealing/ISAandSIPPcharges-until-1July2012

    though they don't seem to recognise that funds can be held unwrapped.
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • gingellr wrote: »
    BBC money box have just called me, they say they have had so many complaints about II so they are looking into it

    Has anyone got a printout of the original charges page where they say that there are no admin fees as this is what they want me to send them?

    thanks

    Excellent....

    I have contacted the FT, Daily Telegraph and What Investment....who were replying to me at 8.23 this morning.

    Douglas Boyce should have been phonong me at 11am but it seems he either
    a) can't be bothered
    b) has forgotten
    c) has major problems elsewhere....(can't think why!)
  • At the minute Interactive don't recognise anything....especially common sense and that fact that they are throwing money away in bad will
  • phil_solo
    phil_solo Posts: 109 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 6 June 2012 at 2:57PM
    gingellr wrote: »
    Actually i have just found a link with the before july 1st charges.

    But cant post it here as i am a new user.

    Here you go:-

    Current Share Dealing Charges

    Current ISA and SIPP Charges

    From July 1st


    Better save/print a copy before they quietly "disappear" the old page!
  • danielinto
    danielinto Posts: 46 Forumite
    i1189 wrote: »
    That sounds hopeful - I have some screen prints, from 1 June, showing 0% commission on funds and No fees for admin/inactivity. This was 2 days after they amended their charges!

    You can also use the way back machine (google it). It basically takes snapshots of complete (or almost complete) websites several times a month. This shows that iii have consistently said that there are no annual charges, no commission on funds, etc.
  • westy22
    westy22 Posts: 1,105 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    phil solo - the links above are missing the colon after the http

    The links have been corrected below:

    http://www.iii.co.uk/trading/share-dealing/charges-until-1July2012

    http://www.iii.co.uk/trading/share-dealing/ISAandSIPPcharges-until-1July2012
    Old dog but always delighted to learn new tricks!
  • gingellr
    gingellr Posts: 47 Forumite
    hi does anyone have a copy of the original t's & c's at the time before the change as the BBC are asking me for this?
  • Bertieburt
    Bertieburt Posts: 6 Forumite
    I am moving my iii ISA wrapped funds to bestinvest No Fee's and they will cover the iii exit fee (if there is one) up to £500.
    I already have one fund ISA with them so not sure if this is for exisiting customers only but worth a call to 020 7189 998
  • Optimist
    Optimist Posts: 4,557 Forumite
    Part of the Furniture
    Shareprice.co.uk look good....
    Dealing ChargesUK Stocks, ETFs and Investment Trusts - £10 flat fee per deal via website or telephone ; £9 via our mobile app
    Inactivity or Management ChargesNone
    Corporate Action AdministrationFree
    Transfers In
    Free
    Transfers Out£15 per stock
    Stamp Duty
    UK equities: 0.5%
    Irish equities: 1% PTM Levy (where applicable)£1 for transactions over £10,000 gross consideration Interest PayableInterest will not be paid on cash held in your trading account.
    Dematerialisation
    Free (only available for Crest securities)
    Re-materialisation

    (issuing of paper certificate)£20 per certificate (only available for Crest securities)

    Look who it is

    SharePrice is a trading name of Interactive Investor Trading Limited

    http://www.shareprice.co.uk/pages/share-trading-charges
    "The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."

    Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)
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