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SVS Securities - shut down?

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Comments

  • shawdon
    shawdon Posts: 80 Forumite
    10 Posts
    shiznit76 said:
    shawdon said:
    rnf11 said:
    shiznit76 said:
    RasputinB said:

    One burning question must be - why didn't more people go for a reverse transfer as this would have been a far easier, and quicker, way of getting holdings to the broker of choice?
    i guess we never knew what a nightmare this would become
    Quite!
    I am still waiting for two sets of cash to transfer out, now that all dividends due should have been received and posted (but no way of confirming that). I see no signs of the situation improving.
    On the subject of ITIC compensation, I note that despite all the people saying thay have had offers made/accepted, I have yet to see that anyone is actually in receipt of same. Just more false promises then?

    Just to confirm, i did receive my cash compensation payment in my bank account 24 hours after confirming my acceptance of the offer.
    Hope this helps 
    Did you get your complaint sorted before accepting the compen? 
    No, because i still have no faith at all that the FOS will give me any compensation.
  • eskbanker
    eskbanker Posts: 38,022 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    shawdon said:
    i still have no faith at all that the FOS will give me any compensation.
    FOS don't give anybody any compensation as such!  If you escalate a complaint to them on the basis that ITI haven't resolved it adequately, then if FOS agree with you they may instruct ITI to pay you something....
  • Are ITI Crapital still issuing CRM numbers ?  Are the communicating at all? 
  • not had any replies to emails i have sent for weeks
  • "Some clients"... are ANY getting a reply.  Please join sharesoc for free. Only a few people are indicating problems....







  • Done everything else so might as well go down the ShareSoc route - two transfers and one shedload (by my standards at least) of money to go then we're out.........this side of Christmas I wonder !!!!
  • shiznit76
    shiznit76 Posts: 233 Forumite
    100 Posts Second Anniversary Name Dropper
    what's the dedicated sharesoc email address mentioned for ITI issues?
  • shiznit76 said:
    what's the dedicated sharesoc email address mentioned for ITI issues?
    Link to problem page (the only surprise here is that you will find people who are even less far than we are in
     the " ITI Experience ''.....

     https://www.sharesoc.org/forums/topic/problem-reports/page/9/

    The email address ( Mark Bentley) is 
    svssupport@sharesoc.org

    Sooner or later MB will realise what a sack of 5h1t ITI Capital are! Hopefully he can wind up Lord Lee and his FCA contacts to give ITI a good kicking.


    Has anyone had a CRM enquiry actually answred?
  • Sheris
    Sheris Posts: 208 Forumite
    100 Posts Second Anniversary Name Dropper
    eskbanker said:
    shawdon said:
    i still have no faith at all that the FOS will give me any compensation.
    FOS don't give anybody any compensation as such!  If you escalate a complaint to them on the basis that ITI haven't resolved it adequately, then if FOS agree with you they may instruct ITI to pay you something....
    FOS payed for clients of ex SVS to L&C, 10k in my case, that is a form of payment, look at rest of a rolling stone shambles.
  • eskbanker
    eskbanker Posts: 38,022 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sheris said:
    eskbanker said:
    shawdon said:
    i still have no faith at all that the FOS will give me any compensation.
    FOS don't give anybody any compensation as such!  If you escalate a complaint to them on the basis that ITI haven't resolved it adequately, then if FOS agree with you they may instruct ITI to pay you something....
    FOS payed for clients of ex SVS to L&C, 10k in my case, that is a form of payment, look at rest of a rolling stone shambles.
    Aren't you referring to FSCS?
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