By Malcolm Stacey | Saturday 23 January 2021
Hello Share Trundlers. Here’s a tip. If you have loads of shares don’t only use one broker. Remember the strife many of us had when Beaufort Securities went bust. If you had more invested than the FCA’s compensation limit allowed you may have stood at one stage to be in peril of losing some shares. And although this turned out not to be the case, if you have more than £85.000 of shares or cash with one broker then, for safety, you probably need to open other accounts.
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