The only way to have shares listed in oneās own name is to buy certificated paper shares via the companies share registrar.
The other option is what it known as a āpersonal CREST accountā
These are relatively few and far between as fewer brokers offer them, usually citing difficulties with the administration of them.
The last few that do offer them charge a lot for them. Long story short, you have to be proper minted to have one.
This is where shares are held electronically, but you are sponsored by your broker and they are held in your own official name and not XYZ nominees ltd
The personal crest account was initially created as a best of both worlds option, where you no longer had to possess paper share certificates and could hold electronic shares, but over the years the number of providers who offer this has gone down to only 2.
Itās a detailed subject and Iāve kept it as brief as I can, more can be found about personal crest accounts on the web.
Thanks to those that already voted. This is a kind reminder that the following poll about the timeline of the in-specie transfer feature closes in less than a week: In-specie transfer šØāš¬ - #228 by d_a_n_i_e_l Please vote to make your voice heard. Thank you.
You are unable to comprehend the constructive spirit of the poll and thatās ok. You can move on. The rest of users in this chat can cast a simple vote if they personally think itās helpful and productive as honest and legitimate feedback to Trading212.
Fair enough, then this is not the chat thread for you as you are writing in none other than - drum roll - the in-specie feature chat. Thereās plenty of other chat threads about your favourite features.
You do need to wake up. No one is saying you canāt have opinions, just voice them in a chat thread where they arenāt irrelevant. This thread is allegedly for in-specie transfer discussions. Itās not rocket science.
Whilst am an advocate of In-specie transfer, but truth be told, investing features is way better than what it used to be and so i wouldnāt devote much time chasing in-specie.
Instead i would spend more time investigating my pension, cos thatās where useless fund managers are ripping off, millions of people with high fees to fund their yacht life style.
But the world of pension is soo concealed that many havenāt got a clue whatās going on with their hard earned money.
I for one think in specie transfer is the #1 priority for T212. All other features well addressed for now. We need safety and security in our assets, and the ability to move them to and from our chosen brokers is a simple right we should have. Offered by nearly every other major broker.
Let me preface, I want to move assets TO T212, not away.
i really think the regulators should manadate that inbound and outbound in-specie transfers are required for all platforms that want to operate in the UK. This should be one of their priorities.