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3 votes
1 answer
193 views

Is it a good idea to spread investments over multiple stockbrokers?

In the UK, I believe stock brokers are required to use nominee accounts to hold shares on behalf of individual investors, so that if the stock broker were to collapse the investments themselves are ...
DBPaul's user avatar
  • 131
1 vote
2 answers
291 views

What happens if a Financial Services Company/Stockbroker goes into administration in the UK?

In the UK the Financial Services Compensation Scheme backed by government protects savings in standard bank accounts up to £85,000 per bank. What effects might there be if a financial services ...
seekingknowledge's user avatar