Nominee Service Commissions & Charges

Dealing commission per deal, UK Equities, Preference Shares, Convertibles, Investment Trusts, Overseas Transactions, UK Gilts, Debentures, Loan Stocks and Unit Trusts/OEICS

1.65% on the first£10,000
0.50% on the next£90,000
0.40% on the excess over£100,000

UK purchases add 0.5% Stamp Duty.

Although most overseas transactions can be accommodated within these rates, please enquire at time of dealing as additional charges may be applicable.

Dividend Reinvestment Plan (DRIP Scheme): 0.5% (no minimum) plus UK purchases add 0.5% Stamp Duty

Nominee Administration

Transfer-in stockFree
Transfer-out foreign stock£tba additional to transfer out fee, enquire at time of transfer
Income distributionFree
Rights issues, takeovers, open offersFree
Half yearly statement and valuationFree
Consolidated tax voucherFree
Transfer stock out of nominees£24 (per security, per transfer)
Cash withdrawal via BACS to bankNil
Cash withdrawal by cheque£5 plus VAT
CHAPS payments£25 plus VAT
Probate/certified valuations£10 plus VAT per stock (min. £30)
Transfer of beneficial ownership£20 plus VAT per stock plus stamp duty
Returned cheques£20 plus VAT
Safe custody of foreign stocks£tba enquire at time of deal

Custody Fee

0.25% charged six monthly in arrears on the total value of ALL your accounts with Pilling & Co. The fee has a minimum of £25.00 and a maximum of £90.00 if you are registered for using our on-line portal Client Web Access (CWA). For clients who request postal documents the fees have a minimum of £30.00 and a maximum of £100.00. In other words, any value over £40,000 (non CWA) and £36,000 (CWA) is free so you may wish to consolidate your investments from other managers.