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Pressure mounts to trade via nominee

Pressure on private investors to move into pooled nominee accounts has intensified with the introduction of hefty new charges at broker Charles Stanley (CAY) for clients who trade using personal Crest accounts, and who hold paper certificates. The new charges add hundreds of pounds a year to dealing costs for investors who choose not to use the company's pooled nominee account.

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By Jonas Crosland,
26 September 2013

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