We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Nat West moving trust. Views and options please?
My_perfect_cousin
Posts: 62
Forumite
Hi. My folks have received paperwork from Nat West informing them that the bank wants to / will be passing over the management of their investment trust to another company. The pack of papers includes various documents for them to sign. There is a deadline of early January. The info is entirely unexpected. They won't be signing anything at this stage.
I have advised them to contact Nat West to check validity and to find out whether they have the option to stay as they are. They will do so.
I have had a look online and can't see anything regarding the Nat West changes being reported.
Does anyone have experience of this / any advice? many thanks
I have advised them to contact Nat West to check validity and to find out whether they have the option to stay as they are. They will do so.
I have had a look online and can't see anything regarding the Nat West changes being reported.
Does anyone have experience of this / any advice? many thanks
0
Comments
-
Have you read through the papers yourself? I'm sure that they'll contain a lot of information regarding the transfer itself.0
-
Make sure they contact them on a known number from previous correspondence or their website not using the contact details on the letter - you can never be too safe as there are too many scams to keep track of.My_perfect_cousin said:I have advised them to contact Nat West to check validity and to find out whether they have the option to stay as they are.
0 -
Changing the management of an investment trust wouldn't normally require any signatures from investors.There's not enough information to say anything except - what Alexland said.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.3K Work, Benefits & Business
- 606K Mortgages, Homes & Bills
- 179K Life & Family
- 263.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards

