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Compensation schemes- TD Investment

Hi all,

I suspect i know the answer but if an individual holds a Trading account and a Trading ISA with TD investment, do they have 2 lots of compensation coverage i.e one for the trading account and one for the stocks and shares ISA?


https://www.tddirectinvesting.co.uk/~/media/uk/pdf/disclosure-doc-money-and-inv.ashx
Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..

Comments

  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    I suspect you presume right, but basically you can only claim once of each licenced financial institution, whether you have one, two or ten accounts there.
  • C_Mababejive
    C_Mababejive Posts: 11,668 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The official TDW reply is in just for the record..

    "Customers who are eligible to claim under the FSCS will be entitled to make one claim per customer per legal entity, rather than one claim per account.

    Therefore, all cash and stock held with TD Direct Investing across any number of accounts will be treated as one claim. Similarly, customers with cash deposits held with TD Bank NV (UK Branch) will be entitled to make one claim only under the Dutch Collective Guarantee Scheme, even if they have more than one account."
    Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..
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