Moving from Equiniti

wackojackouk

Evening folks

I inherited some shares from my late mother which are held in an Equiniti investment account which charges a minimum of £12.50/maximum of £20 holding fee in April and October.

I currently have two different companies in which we have funds so I think that's two lots of charges coming up. One of them has around £400 worth of shares which I am thinking of getting rid of due to the forthcoming minimum £12.50 charge and that the shares are not performing that well (and haven't for awhile).

The other shares are worth approximately £15k but as we're not looking to sell right now, I feel like I'm paying £40 a year for nothing and surely there's better/cheaper places to keep them (fee free).

Does anyone have any recommendations please. We may sell some in the next year if we move house but not necessarily.

Thanks
WJUK

Browntoa

https://www.x-o.co.uk/

From memory equiniti charge an exit fee but the transfer in to do is free

wackojackouk

Yeah I think they charge £35 (gits) but I wasn't planning on selling the shares before April and within that time I would have paid £20 twice anyway. I saw X-O on MSE guide so looking at them. Thanks for your help.