Help & FAQs

How will the transfer affect my Dividend re-investment?

You are encouraged to manage the facilities on your Selftrade account before initiating a transfer. If the dividend reinvestment facility is cancelled, the payment will be received but not reinvested, so the transfer team will then transfer the remaining balance to your new provider.

Should the dividend reinvestment not have been switched off in time, the additional shares from the reinvestment would be received by Selftrade and again in due course be transferred to the new provider. In the case where any affected holdings are transferred to the new provider and in their name on record date, the cash dividends and/or dividend reinvestment (if set up by the new provider) would be received and processed by your new provider.

Submitted on 20th Oct 2017

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Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

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