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SVS Securities - shut down?

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Comments

  • rnf11
    rnf11 Posts: 146 Forumite
    100 Posts First Anniversary Name Dropper
    MK62 said:
    One can only wonder how long the FCA will allow this sorry state of affairs to continue before they intervene in some way.....

    ........ bear in mind that if ever they actually do, they will have a considerable amount of egg on their face........

  • Sheris
    Sheris Posts: 208 Forumite
    100 Posts Second Anniversary Name Dropper
    rnf11 said:
    MK62 said:
    One can only wonder how long the FCA will allow this sorry state of affairs to continue before they intervene in some way.....

    ........ bear in mind that if ever they actually do, they will have a considerable amount of egg on their face........

    More than egg, what at shambles the FCA and L&C are with still no further progress.    
  • My account now says "Onboarding approved ". But what does that mean ?
  • rugby7170 said:
    My account now says "Onboarding approved ". But what does that mean ?
    passed their security checks and now can get a Phoenix account set up, as i understand it anyway
  • shiznit76 said:
    rugby7170 said:
    My account now says "Onboarding approved ". But what does that mean ?
    passed their security checks and now can get a Phoenix account set up, as i understand it anyway
    I've had a Phoenix account for about 3 weeks with all my shares properly listed. I want to be able to deal online. 
  • rugby7170 said:
    shiznit76 said:
    rugby7170 said:
    My account now says "Onboarding approved ". But what does that mean ?
    passed their security checks and now can get a Phoenix account set up, as i understand it anyway
    I've had a Phoenix account for about 3 weeks with all my shares properly listed. I want to be able to deal online. 

    @Rugby7170
    How did you get a Phoenix account 3 weeks ago , fully listed   but then you say that you've just got on boarding approved? 

    Normally you get the on boarding account ..ITI xxxx and password and this is a holding account. Once this is approved you eventually get a Phoenix account where your holding account details are copied over to Phoenix. 

    Then you get a Phoenix account ( PX) for each one of your holding accounts...so you mihht have a Phoenix account for your ISA and another for your non ISA.

     The login for the Phoenix accounts is ( lowercase) ititi xxxxx and a password, where xxxx is a number. The login for the onboarding is uppercase (ITI xxxx). 

    Is that your understanding of things? 



  • So just logged in and today there is no dividends showing and as many others + and - values on the accounts. FED UP!!!
  • t237
    t237 Posts: 16 Forumite
    10 Posts
    For those that have access to Phoenix and it shows your holdings correctly, did you have to request this specifically from ITI? Mine are not working but I don't know if they are already fixing it and there's no point adding to their list of complaints.
  • t237
    t237 Posts: 16 Forumite
    10 Posts
    rnf11 said:
    Movement!!
    A dividend due on 28th August showed up on the SC a/c this morning - separate to the total cash. Which I regard as fair enough (in the circumstances) as it is over a BH w/e.
    Sadly, still no sign of any life in the actioning of the already requested transfer out - both direct to ITIC from me and also as sent by the new (much preferred) broker....


    Are you seeing the dividend on Phoenix? How do you access this information?
  • rugby7170 said:
    shiznit76 said:
    rugby7170 said:
    My account now says "Onboarding approved ". But what does that mean ?
    passed their security checks and now can get a Phoenix account set up, as i understand it anyway
    I've had a Phoenix account for about 3 weeks with all my shares properly listed. I want to be able to deal online. 

    @Rugby7170
    How did you get a Phoenix account 3 weeks ago , fully listed   but then you say that you've just got on boarding approved? 

    Normally you get the on boarding account ..ITI xxxx and password and this is a holding account. Once this is approved you eventually get a Phoenix account where your holding account details are copied over to Phoenix. 

    Then you get a Phoenix account ( PX) for each one of your holding accounts...so you mihht have a Phoenix account for your ISA and another for your non ISA.

     The login for the Phoenix accounts is ( lowercase) ititi xxxxx and a password, where xxxx is a number. The login for the onboarding is uppercase (ITI xxxx). 

    Is that your understanding of things? 

    It looks like I'm as confused as most people !!
    It seems I have a Qort account with my SC number, password ITIxxxx and it lists all my stuff correctly. It also says "Onboarding approved". So that's why I assumed it was a Phoenix account.  
    But on looking at my portfolio I see I have 2 (why 2?) Phoenix accounts with zero balances. 
    So what next ? I guess I have to wait for them to transfer the Qort account to one of my Phoenix accounts ?? 
    But I have traded by phone, got the money sent back, and contract notes. 
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