I'm not financially sophisticated.
My old mum, who is now very forgetful, had a letter in the week from one of the main share registrars. It said she had been posted a dividend cheque she had never cashed. Whether it ever came or whether she forgot it and lost it we will never know.
These kind of letters she now gives to me to deal with. Closer reading now I'm home after our visit to her shows that the cheque is for about £145. However, to reissue it they require an up front payment of a whopping £35, which covers "some of their admin costs".
To add insult, you can only do it with a debit card on a premium rate phone line....no dea whether they will take payment from me, or even talk to me. I do have POA but they don't know that at this point.
I mean, really, this is how they work?
Anybody think like me that's a tad expensive to just get her own cash? I imagine there's no alternative if I'm going to get (some of) her money for her.
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Financial annoyance new
Financial annoyance new
