Shares held in nominee accounts are still yours (subject to administration), cash is at risk over GBP85K but also any buy/sell transactions that might be in settlement at the time IF any provider went pop should that value exceed the FCSA limit, an unlikely event but a risk all the same..
27th XD could offer up some more bargains, but will more than likely recover the XD on the day.. :o) |
Tag yes your spot on with that comments someone said to me if it's invested they have to honour your investment as its not in cash.
Nellynel thanks for your answer and your spot on my interest was credited yesterday.
Cheers guys for good advise. Atb Ken |
Ken T, I believe that your risk, if your trading provider went bankrupt, is only if you are carrying more than £85k in cash. Your invested funds would be fine. You can get around having a large cash balance by investing in one market funds. This is according to my pension advisor as asked him the same question. Tag |
Scrwal Will do cheers I like boards with ideas and advice I'll check this out. My problem is I've built up a nice amount over the years in the isa and don't want to lose the privilege of it being tax free in all areas. Atb Ken Ps I don't post that often but I am a BATS shareholder and have been adding to my position as the xd is due 27june let's hope for a rise into xd |
Ken T see this |
Monty I'm on 3.7% in my isa with hl it's a good rate as no tax. Thanks for getting back ill ring ii on Monday see how things can be done Atb Ken |
Would not like to say, look at ii interest rates start at 2% for up to 10,000 then increases. Phone ii, they will advise you and tell you current interest rates. |
Monty how do I stand in moving isa funds to a different trading company ? Do I have to transfer the entire amount so I dint lose isa status or can I just transfer part of my current isa account to ii I want to spread my funds between different trading platforms so as to keep within the compensation bracket which Is currently 85k Any advise would be welcome. Ken |
Monty i may move some funds to it in that case cheers |
I just emailed the complaint email at hl and it bounced back email domain unrecognised and I did double check to make sure the email was spelt correctly. I think they've blocked it as so many people complaining |
I've has an account with hl since 2009 and interest on cash held has always been allocated on 9th of month for over 14 years and now it has failed are they having problems ashflow wise is my first instinct as they may be losing client base as people moving funds to the free trading platforms that are paying good monthly interestlike yours Monty
Thanks for replying guys |
Not had mine either |
I'm with ii, interest accrued daily paid monthly on time, 3.75% not to bad. |
Seems like no one has a HL account with cash? |
Tell me LLB, DGE is a very poor performer in my stable. £10k bought at 3232 on 15th August 2023. Just under £60 divi's since then. Might help if my holding got me a discount on a pint of the Black Stuff ;-) |
#JJ, premium/luxury is getting a pasting right now, BUT rates will come back, and shoppers will be treating themselves again when they do..
BRBY goes XD for 42.7 pence next week could offer up an opportunity IF the inflation data 19th, BOE decision 20th and outlook for a cut looks more likely on 01st August..?
DGE looks cheap at 2600 pence now too and well off the highs of 4000 just two years ago.. |
The dividend is top notch
But I asked the question in an earlier post
How can I find out how the initial share buyback is going bearing in mind it started at a canter went to a fast trot but has now tailed off to a fairground carousel ride and like said ride staying in the one place.
Expensive or Luxury items seem to be coming under a bit of pressure at the moment think Burberry Diageo et al Ex dividend can t come soon enough from my end. |
Has anyone had their monthly interest on cash held on account with HL. it's gone in on 9th of month for last 2 years but it's now a week late.
Anyone know why ? |
Look at that 1 year chart. It's practically magnetised to 2380p. You could draw a line through that point and it's just bounced up and down around it. |
Another nice quarterly dividend tax free in the isa bag.I don't worried about shares up 15p down 15p as long as dividend paid and increases, also buybacks until end of 2025 not end of 2024. |
To be precise xd is 27 June for a divi of 58.8795p.
There is no price that a share "should be" imo. You often see this sort of comment but it's just wishful thinking, a figure people would like to see because it suits them. But in fact there's only the fluctuating current market price, take it or leave it. |
Ex-div is end of June. |
Should be 2450p atleast with July exd in month. |
Up in a Down market. What is wrong with you ACTION ? |