We're updating the Terms of Service. (extract from e-mail)

 
"Investments older than six years
If there has been no movement for a period of at least six years on some or all of your investments we may gift a cash amount to a charity of our choice. We may also release any stock where there has been no movement for a period of at least twelve years and gift these to a charity of our choice. We will always make good any valid claims against any released balances."

If I read that correctly ii may now liquidate any stock holdings of more than 12 years & give the money to charity.  This beggars belief.

I can barely believe what I read in their e-mail.  Can these people be trusted to have custody of our stock?   Am I misinterpreting this? 


Looks like my business needs to be taken elsewhere.  I shall also have to write to the F CA., Sharesoc etc.


Finish reading with a 14 day trial

or Unlock with your email

Already have an account?
Login here