iii introducing quarterly £20 charge

avfc1982

I've called TDW and confirmed that funds transferred across do not need to be in excess of £500, so answered my own question!

gingellr

avfc1982 wrote: »

I'm assuming that's for new purchases? A couple of my holdings that I'm transfering across from iii are around the £275 mark, presumably they'll keep those invested in the funds and not move them to cash?

I would assume its only for new purchases and not for transfers, but worth checking with TD. I told them they should put that information on there website as it is a little misleading.

gingellr

avfc1982 wrote: »

I've called TDW and confirmed that funds transferred across do not need to be in excess of £500, so answered my own question!

oh sorry did not see you had already called them, good to know.
I assume by TDW you are refering to TD Direct?

creativ

III have said that the fee for rematerialisation - conversion of online shares to paper certificates will be waived.

Just one issue for me. They have stated that the service is just for Crest securities - what are they? I don't know if my shares are Crest Securities - all I know is they are ordinary shares if that helps.

sabretoothtigger

I think crest is what most have. Possibly some exotic instruments are not crest.

http://en.wikipedia.org/wiki/CREST

JoeCrystal

creativ wrote: »

III have said that the fee for rematerialisation - conversion of online shares to paper certificates will be waived.

Just one issue for me. They have stated that the service is just for Crest securities - what are they? I don't know if my shares are Crest Securities - all I know is they are ordinary shares if that helps.

It is basically all UK, Irish, Crown Dependencies (Channel Islands & Isle of Man) shares. A quick way to find out if they are eligible is to look at their ISIN number, if it got GB, GG, JE, IM and IE at the start of it, then it is most likely they are member of CREST Securities.

CREST is basically a system for companies to hold their shares in electronic forms rather than on paper as shareholder. This allows quick trading of shares electronically.

However, there might be some international shares you can withdraw onto paper providing they are listed as CDI or DI on FTSE/AIM. I managed to withdraw onto Canadian share certificates and Australian paper statements in the past. You can always post the list of companies on this forum and we can find out.

But if you got shares in like Tesla on NASDAQ, then no, they are not CREST.

Cheers

Joe

creativ

JoeCrystal wrote: »

It is basically all UK, Irish, Crown Dependencies (Channel Islands & Isle of Man) shares. A quick way to find out if they are eligible is to look at their ISIN number, if it got GB, GG, JE, IM and IE at the start of it, then it is most likely they are member of CREST Securities.

CREST is basically a system for companies to hold their shares in electronic forms rather than on paper as shareholder. This allows quick trading of shares electronically.

However, there are some international shares you can withdraw onto paper providing they are listed as CDI or DI on FTSE/AIM. I managed to withdraw onto Canadian share certificates and Australian paper statement for example.

You do not think your broker do everything on paper?

Cheers

Joe

Many thanks for your helpful reply. I will have a check (looking at the ISIN number as you advised) but it seems very likely from what you have mentioned that there are Crest Securities.

Alex2011

gingellr wrote: »

A littile issue with TD Direct, if you want to buy into any UK fund there is a minimum initial investment of £500 on each fund.

This is not stated anywhere on their website that i can see.

This minimum is not there if you set it up as a regular investment.

it's state the following:

Min investment equities £25, funds £50 per month.

stated on their website.

Does anyone know if TD Trading ISA allow to do the regular investments not just lump sum?

zildjian

I dont know if it helps but Barclays offered to waive their £15 a quarter charge when i asked to leave a couple of days ago.

gingellr

Alex2011 wrote: »

it's state the following:

stated on their website.

Does anyone know if TD Trading ISA allow to do the regular investments not just lump sum?

Yes they do, thats the account i have but it must be their regular trading isa account not the standard one, unless you are asking if the standard account lets you which is does not, but you can make normal trades in a regular investing isa as well as monthly ones.

What you have quoted there is for regular investing on a certain day of the month if you just want to buy a fund on a different day or from a standard account then its £500 initially per fund