AAAlphaThunder wrote: ↑
Wed Feb 19, 2020 7:05 pm
With the takeover of Share PLC by Interactive Investor what will change, if anything, for the imutual Cashback Investment Club?
I think we will need to look at creating a contingency plan for a point in time, somewhere in this calendar year, where adverse changes might occur. Changes might mean we should review our use of The Share Centre against alternatives or in a worse scenario we may even be forced to move to another service provider.
I must admit it does worry me a little as it took a while to find a provider that would allow members to join from separate application forms and not a single form that needed all members to sign approval. I'm sure there must be ways around such situations but it will take time and effort, so we might need to share some of the research work out in the coming months.
I don't think there is any need to panic or rush, as like Richard Frost says, there is a lot of water to flow under the bridge before any changes will be introduced. It is entirely possible the new owners might run it as another brand for a while....