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SVS Securities - shut down?

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Comments

  • Nbs222
    Nbs222 Posts: 127 Forumite
    100 Posts Second Anniversary Name Dropper
    edited 7 October 2020 at 12:17PM
    dividends due
    ADM 02-oct
    GSK 08-oct
    DGE 08-oct
  • @Jamesram
    I see that my SLA shares were also migrated to Phoenix on September 2nd....consequently, there are no accruals for the SLA dividend showing in the accruals report.


  • Nbs222 said:
    dividends due
    ADM 02-oct
    GSK 08-oct
    DGE 08-oct

    My ADM shares were transferred to Phoenix on 26th August. The ex-dividend date was the 3rd September. Hence, I can see the dividend accrual for ADM in my Phoenix account. 



  • My2penneth
    My2penneth Posts: 807 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    edited 7 October 2020 at 12:43PM
    I'm hazarding a guess that if a share went ex dividend before 26th August 2020, then it will be paid into Qort.
    Here's a list of shares that I hold where  I expect dividends will not be "visible" and will be paid into Qort. Obviously not a definitive list.
    The date is ex-dividend (not the record date - the record date is what is important but the XD is close enough).
    PNN 23/07/2020
    BNKR 23/07/2020
    SEQI 23/07/2020
    NCYF 23/07/2020
    AAIF 30/07/2020
    HINT 30/07/2020
    MNKS 30/07/2020
    CTY 30/07/2020
    DIG 06/08/2020
    TFGS 03/08/2020
    GBDV 03/08/2020
    ULVR 06/08/2020
    SOI 06/08/2020
    JUP 06/08/2020
    DLG 13/08/2020
    DGE 13/08/2020
    RIO 06/08/2020
    BP 13/08/2020
    RDSB 13/08/2020
    AV 13/08/2020
    LGEN 13/08/2020
    PHNX 13/08/2020
    SLA 20/08/2020
    SDRC 20/08/2020
    BRNA 20/08/2020
    IMB 20/08/2020
     

  • Still waiting to see my SLA dividend appear. I now have a phoenix account, though nothing actually in it, having been promised on 3 occasions now it'll be 2-3 working days over the past 3 weeks.
  • Halty2
    Halty2 Posts: 20 Forumite
    10 Posts
    An update that might give hope. I have just checked my joint HL account held with my wife and the cash has been transferred in full from ITI.
  • shawdon
    shawdon Posts: 80 Forumite
    10 Posts
    2 of my 10 accounts moved to HL about 2 weeks ago but still no cash transferred. The other 8 accounts are completely stuck and ITI are not only not actioning the transfers but they are refusing to communicate with me or HL to update on progress. I am now into week 11 of the transfer request which is ridiculous!
    They are also breaking all the rules on dividend payments as they are failing to record them on any system that clients can see. So RDSB did work out correctly with a payment date of 21/9 and these are recorded on the system but Aviva (24/9) and BP (25/9) are nowhere to be seen so ITI are clearly in breach of LSE and FCA rules unless i am mistaken.
  • shawdon
    shawdon Posts: 80 Forumite
    10 Posts
    Another email fired off to ITI this afternoon. Having found my MP's 2 email addresses i would be very surprised if ITI just continue to ignore all communication as they are clearly breaking many rules:

    Chris,

    Are you planning to give me the courtesy of a reply?

    As you can see I have now copied my member of parliament for Esher & Walton, Dominic Raab, on this message and I am planning to update him on the details of this scandal next week. I suggest it may be prudent for you to follow up this request rather just continuing to ignore it. I am also copying the FCA as the case manager has asked me to keep them updated following my complaint (Case Ref #:206870317).

    Thank you

    xxxx xxxx

  • My2penneth
    My2penneth Posts: 807 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    I've also reported the lack of visibility of dividends to the FCA - case reference 206838351. 
    I've also got a FOS case reference number but I will refrain from publishing that number. 
    I've heard nothing back from my MP.... 
  • Have just followed previous advice (thank you) and sent a third follow up email to cashwithdrawal@iticapital.com, suitably worded, to attempt to extract the cash from my account (shares already transferred to iWeb) but like everyone else, not the cash - unfortunately will have to repeat this exercise should my BP dividend and GSK (due tomorrow....some hope) ever appear.  I noticed today that the last 4 communications from ITIC went straight into my 'spam' box......obviously my computer is more intelligent than I thought !!! Bog standard letters received back from the FCA, FOS after my last tirade to them and as yet no response from David Moss or LC - my MP, Tobias Ellwood, (Bournemouth East) has promised to contact the FCA on our behalf but not getting out the bunting yet.
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