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Cobens Direct
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  3. Migration to Winterflood Business Services (WBS)

Migration to Winterflood Business Services (WBS)

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  • A Online
    A Online
    Adam Kay
    Global Moderator
    wrote last edited by
    #1

    Hi All,

    Over the next 24 hours you should all receive a letter (via email) to advise that we are moving to a new Custodian-away from Seccl and to Winterflood. Winterflood are a much larger service provider (they already provide services to Seccl) and we feel they can better serve our requirements.

    Other changes:

    Around the dealing size as they relate to Lifestyle, Tech and Equity portfolios. From June 15th the minimum investment size is £300.

    Switch frequency. Two free of charge switches per portfolio per quarter. Again this relates to Lifestyle, Tech and Equity.

    If you have any questions please ask.

    The letter from Quai will be providing the required 30 days notice of the above.

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    The value of your investments can go down as well as up, and you may get back less than you invested.

    Cobens is a trading name of Cobens Group Limited which is authorised and regulated by the Financial Conduct Authority. We are entered on the Financial Services Register No. 05850981 at https://register.fca.org.uk .

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