We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
HL - from dirty to clean
Options
Imnoexpert_2
Posts: 350 Forumite
I've just got round to reading HL's booklet.
After 1 March you can give instructions to convert from dirty to clean fund classes with no charge.
On page 10 it says 'conversions will take place on a quarterly basis and we will publish more details about how to convert at the beginning of March'
Can anyone explain the quarterly basis part?
The whole dirty to clean process is confusing me. if I transfer out dirty to another provider some will charge to convert! however if they stay dirty until the rules force them to be changed to clean will there be a charge then or does the rdr say this should be done free?
Help I'm turning into a mse anorak!
After 1 March you can give instructions to convert from dirty to clean fund classes with no charge.
On page 10 it says 'conversions will take place on a quarterly basis and we will publish more details about how to convert at the beginning of March'
Can anyone explain the quarterly basis part?
The whole dirty to clean process is confusing me. if I transfer out dirty to another provider some will charge to convert! however if they stay dirty until the rules force them to be changed to clean will there be a charge then or does the rdr say this should be done free?
Help I'm turning into a mse anorak!
0
Comments
-
Presumably they are doing the conversions on a quarterly basis to spread the work load for themselves and perhaps the providers.0
-
Does this mean then that if you want to transfer from dirty to clean on 1 march it might not happen until 30 May?0
-
That is correct. They haven't said when the first conversion process is going to happen.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.8K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards