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  • Vortigern
    Vortigern Posts: 3,311 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    one route might be to ask BG to transfer all (or some) of the shares into a certificate in your own name; and then to ask the registrar to transfer (stating this is a gift) the certificated shares into 1 or more names of nephews/nieces (stating how many shares each are to receive).
    I can confirm that this works. I did a transfer to spouse in the same way. A letter to BG requesting a share certificate is all that's needed to get shares out of the savings scheme. There is no charge for this. Then use stock transfer forms to the registrar to gift the shares to whoever. Again there's no charge - except that you might want to use Special Delivery when posting certificates.
  • cloud_dog
    cloud_dog Posts: 6,395 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Many thanks for the confirmation / advise.
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
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