Personal Crest Membership

WH Ireland Stop Offering Personal Crest Accounts

I have been advised that stockbroker W.H. Ireland are to stop offering Personal Crest Accounts. Existing clients using such accounts will have to move into a nominee account, or transfer to another broker which I can imagine a number doing. As ShareSoc Members have been told repeatedly, there are great advantages in terms of legal security and in retaining your shareholder rights by using such accounts rather than pooled nominee accounts offered by most brokers. Your name is on the share ...

ShareSoc Deplores Withdrawal of Personal Crest Membership by Brokers

ShareSoc has issued the following Press Release: Following the takeover of Stocktrade by Alliance Trust Savings (ATS), the latter have decided to withdraw support for Personal Crest Membership from their clients. Clients will either have to transfer into the ATS nominee service, turn their holdings into paper share certificates (a truly archaic form nowadays which are soon to be outlawed by an EU Directive), move to another broker or liquidate their holdings. This continues a recent trend for stockbrokers to terminate the ...

National Grid AGM, Rensburg AIM VCT and Stocktrade

I attended the National Grid Annual General Meeting in Birmingham yesterday. Unfortunately I was not allowed to ask a question as the organisation that I was representing as a proxy put my son's name on it rather than mine so I was only allowed in as a "guest". I will do a fuller report on the event for the ShareSoc Members' Network later today, but it was not a particularly exciting event this year. Not a single shareholder complained about the ...

What is Personal Crest Membership?

What is Personal Crest Membership and why should I use it are questions I am often asked. This article aims to supply the answers to those questions. Personal Crest Membership is one of the three ways in which you can hold shares as a retail client of a UK based stockbroker. The three ways are in a nominee account, as a paper share certificate and as a Personal Crest Member.  Very briefly these are the disadvantages of the first two methods (more ...