The Scottish Mail on Sunday

Relax! Your nest egg is not stolen

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G.B. writes: I bought shares in The Bankers Investment Trust many years ago, for £25,016. In 2018, I received a letter saying I needed to transfer them into a ‘nominee holding’, so I completed the transfer form and returned it. Recently, I realised to my horror I had received no paperwork or dividends since the transfer. I found they had gone to a company called FIL Nominee (Shareholdi­ngs) Ltd, so I wrote but heard nothing.

YOU told me you thought you had been cheated out of your shares, which were a nest egg for your family.

I am happy to say you are wrong. FIL is part of the huge Fidelity Internatio­nal investment group, which you have dealt with before and it assures me that your shares are safe.

If you check your bank statements, you will see that dividends have been paid straight into your account. You received no paperwork because when you originally dealt with Fidelity, you asked for online messages only. Fidelity has now called you and helped you track your investment­s online.

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