katie_noah
Registered User
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- 8
Any help appreciated. I'm an ex-Lucent employee and got a letter from the US broker (UBS) saying it will no longer maintain my Ltd Purpose Account (ALU and LSI shares).
I don't have any other shares or share accounts, so I gather my options are:
1) Cash them in - about 1k. ** I've hung on this long, is this mad?
2) They'll split the shares and transfer them to appropriate transfer agents - computershare (LSI) and Bank of New York (ALU). ** They say no fee for this. What's the catch?
3) I open a new account with UBS in Dublin and they'll transfer to this account. I need to check monday how much the setup cost is and annual charges.
Any suggestions on any of these options or any I've missed?
Many thanks,
KT
I don't have any other shares or share accounts, so I gather my options are:
1) Cash them in - about 1k. ** I've hung on this long, is this mad?
2) They'll split the shares and transfer them to appropriate transfer agents - computershare (LSI) and Bank of New York (ALU). ** They say no fee for this. What's the catch?
3) I open a new account with UBS in Dublin and they'll transfer to this account. I need to check monday how much the setup cost is and annual charges.
Any suggestions on any of these options or any I've missed?
Many thanks,
KT