Iii

sorcerer

alexjj wrote: »

I'm trying to decide between iWeb and iii (for index funds) and basically it comes down to fees for me...

iii, I pay £20 a quarter which then goes towards trades - £10 each. If I setup regular investing then each trade should be £1.50, so does that mean I get 13.3 trades per quarter from my £20 fee?

Knowing what I know now, I would have never touched II if I have known what they are like, but now I'm stuck with them, until I can get the transfer out sorted.

sorcerer

I Finally got my £120 incentive, it only took 20 secure messages, 3 phone calls, 2 official complaints and a formal complaint with the FOS, and nine months. YAY!

DiamondLil

In fairness, my husband received his cash incentives as and when the funds transferred. (All investment trust holdings).
Mine were credited on 4th. October; but, my transfers have taken almost seven months and still not completed. (All OEICs).

le_loup

planteria wrote: »

...i still blame you for leading me into iii though, le loup.

..... and you don't think I have sleepless nights about that?

alexjj

le_loup wrote: »

Read all of this thread and the others before you decide.
If, after that, you go with III, you are probable in need of some psychiatric counselling.

sorcerer wrote: »

Knowing what I know now, I would have never touched II if I have known what they are like, but now I'm stuck with them, until I can get the transfer out sorted.

I admit I've not read all 36 pages but the more I do the more I understand your points.

Nixter

alexjj wrote: »

I admit I've not read all 36 pages but the more I do the more I understand your points.

alexjj: You should be thankful for reading this thread before committing with your transfer. Iii are an incompetent firm and they will make your life miserable as soon as something goes wrong. Avoid with barge pole!

frugalmacdugal

Hi,

Sparky47 wrote: »

Last time in July there was a file under Admin and Documents that gave a breakdown of the rebates. However so far I have not had one this quarter.

The file last time showed that the July payment was actually for Mar/Apr/May.

Fund rebate statement now available, showing rebates for June/July/August.

Nocto

alexjj wrote: »

I admit I've not read all 36 pages but the more I do the more I understand your points.

Honestly, well done for finding this thread and asking a question. You’re already doing more research to find a good broker than I did..!

I’ve learnt the very valuable lesson that I need to put just as much time and effort into choosing my broker as I do my investments, and that the cheapest deal isn’t always the best.

sorcerer

Nocto wrote: »

Honestly, well done for finding this thread and asking a question. You’re already doing more research to find a good broker than I did..!

I’ve learnt the very valuable lesson that I need to put just as much time and effort into choosing my broker as I do my investments, and that the cheapest deal isn’t always the best.

Agreed I won't make the same mistake twice, I made the assumption I would get paid my dividends on time, just like my previous broker, but I was very wrong.

juliamarsh

Linton wrote: »

My experience with iii over the past 5 years with a large income portfolio (30 dividend paying shares and funds) is that you dont. The money gets paid into my iii account a few days after the official date and automatically gets transferred to my bank current shortly afterwards without any upset, hassle or chasing. With a steady income flow what difference does a day or two matter anyway?

I have found their service both cheap and efficient.

When I read this all I could do was laugh....derangedly!! :rotfl: Seriously, words fail me.....can we be sure this is not an Interactive Investor spy?! I have just waited on hold for half an hour and spoken to the most offhand employee yet...how presumptuous of a customer to take up his valuable time enquiring about a dividend that was due in July and requesting that the commission credit that they were awarded in compensation be reinstated on their account!! Which incidentally he didn't do, despite the fact that Julie Baxter told me all I needed to do was ring up for it to be reinstated. He just said he would message her, and that the dividends team would 'look into' my missing dividend...as usual. I had rung her several times and left a message, but having received no reply I eventually rang the general phone number....big mistake. It turns out she is not in today.