I urge anyone who has a share portfolio in nominee accounts or in an ISA or SIPP (which must by law be held in nominee accounts) to read this thread about the bankruptcy of Beaufort Securities:

https://www.stockopedia.com/content/beaufort-securities-client-campaign-365604/

Rather than being ring-fenced, it seems that such a portfolio is at risk of losing 40% of its value over £50,000 if the provider of the nominee accounts goes bankrupt through no fault of the portfolio owner.

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