Iii

Linton

le_loup wrote: »

Maybe you do not have funds with them. Mine are funds and I never get paid at the correct time.

My investments are mainly shares (real and investment trusts) with a small number of funds. My iii statement shows fund dividends being paid out a day after being credited to my iii account. However I cant say exactly when they were due to be paid by the fund as I cant find the information - it doesnt appear to be in the Key Investor Information nor on Trustnet. Is there a legal payment date for funds?

Imnoexpert_2

My transfer of funds from HL to II initiated in March is still not complete but it now looks as if the problem may well have been with HL.

I received a letter from HL today telling me my funds have now been transferred! Curiously they sent me a letter saying the transfer was completed 3 months ago.

I guess we will never know where the blame lies between platforms and fund managers but if I had my time again I would keep chasing both parties in a transfer (and probably the fund manager too.

le_loup

Linton wrote: »

nor on Trustnet. Is there a legal payment date for funds?

It is on Trustnet ... look in the tab marked dividends. H-L also have the dividend due dates on their site.

bossymoo

I'm not sure about dividends but I did get the £120 credit on 30/7 that was part of the transfer offer :T
Every little helps!

Financial_Saddler

There are also tax credits to consider. I have 3 bond funds that give rise to tax credits within my Aye Aye SIPP - not a sniff of anything to date.

JenniferK

So if a dividend is due for payment on the 21st July then when can I expect III to credit it to my account?
Thanks in advance.

le_loup

Anytime between now and Christmas ... if you're lucky!

JenniferK

Time to think about ditching III then. Whats the best alternative?

JenniferK

Anyone been to FOS about dividends?

xylophone

21st July

This is more than the "up to ten working days" I was quoted - ( I'm still waiting for my 31st July distribution and will be on the phone to II on Friday if no joy).

Have you phoned to enquire?