As a result of the present volatile and uncertain market
conditions we have reluctantly decided to close the Dividend
Income plan as at 2 April 2020 to new customers
until further notice.
The product remains open for existing customers and any customer who has recently submitted an application which we have already started to process.
The effect of current market conditions remains under review.
If any existing customers have any questions
as a result of this decision please call us
on 0330 088 4210.
for Existing Investors
As was communicated earlier in the year, due to increased stock market volatility a number of our customer portfolios have seen significant changes in value.
We notified any customer who saw the value of their portfolios drop by more than 10% in a three month period. This is a requirement of the Financial Conduct Authority (FCA).
Following on from this the FCA has exempted firms from the requirement to notify customers of any further 10% drops in value on their investment until the 30th of March 2021.
Given the continued backdrop of Covid-19 and the expected prolonged period of market volatility we remind customers that they can continue to view their daily portfolio values through their client portal.
Alternatively you can contact us 0330 088 4210 or at email@example.com should you have any further queries.
Dividend Income generates an income from shares through long term investment in 20 blue chip companies.
Click the logo to find out about each company.