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Nominee Service
Looking after an organisation's share portfolio can be time consuming and confusing, particularly if the organisation has limited resource or internal knowledge of stock markets. Using our Nominee Service means you can hand over the responsibility of managing all your organisation's shares certificates to our experienced and professional staff.
It’s a simple, cost efficient way of handling the settlement of transactions and gives you more time to focus on the demands of your organisation.
How does the Nominee Service help?
When dividends or interest on your investments are received, they are either retained on your account or paid out, depending on your instructions. We will send you an annual statement of holdings, so that you can keep track of your investments, with the nominee service we will not be able to offer clients the option of taking scrip dividends or shareholder perks. However, a Consolidated Tax Voucher is also issued shortly after the end of each tax year, showing the amount of tax that has been deducted from dividends and interest.
Our Nominee Services are a great way to manage your organisation's investment portfolio and come with a range of benefits:
- reduce dealing charges
- save time on paperwork
- improve security of your shareholdings
- increase the effectiveness of your portfolio
- simplify dividend payments
- save time and money on tax returns and accountancy fees