Our nominee service
Our nominee service is designed to save Trustees time and also to deliver a number of administration advantages. This significantly reduces the amount of paperwork normally associated with investments. It conforms to the existing legislation and reduces the operational risks Trustees would be exposed to by providing rigorous safety procedures and insurance cover.
The majority of our charity nominee accounts are now run from our pooled nominee account which was recently introduced specifically for our charity clients. Interest and coupons on bonds and other collective investments are paid gross of tax to the charity where possible, to reduce the administrative burden on the charity and avoid the necessity to reclaim tax.