|
Commission
Charges
Commission is charged per deal. Other
charges and service restrictions may apply.
| |
Telephone & Postal Commission |
 |
 |
 |
| |
Value of bargain |
Commission |
 |
| |
Up to £1,000 |
£22.50 |
 |
| |
£1,001 - £2,500 |
£35.00 |
 |
| |
£2,501 - £5,000 |
£50.00 |
 |
| |
£5,001 - £7,500 |
£60.00 |
 |
| |
£7,501 - £10,000 |
£65.00 |
 |
| |
£10,001 - £15,000 |
£75.00 |
| |
£15,001 - £20,000 |
£85.00 |
| |
£20,000 and above |
£85.00 |
|
Additional Government dealing charges
Stamp duty or stamp duty reserve tax (SDRT) on UK equity purchases is
payable at the prevailing rate at the time of dealing. The current rates are:
0.5% SDRT on all UK equity purchases settled through CREST, rounded up to the
nearest 1p
0.5% stamp duty on all UK equity purchases not settled through CREST, rounded
up to the nearest £5 Stamp duty on Irish registered stock is currently charged
at 1%
The Panel of Takeovers and Mergers currently levy £1 on all UK equity
transactions of £10,000 and over.
Administration Charges
There are no administration fees for
this account.
Other Charges
| |
Late Settlement |
 |
 |
 |
| |
Returned cheques/Returned direct debits/Company
Registrars' Rejections |
£15
|
 |
| |
Referral to Debt Recovery Department
|
£25 (additional 8% if referred to an outside
agency, minimum £15) + VAT
|
|
| |
General Administration |
 |
 |
 |
| |
Duplicate contract note
|
Free, if requested within
6 months since deal
£10 + VAT, if requested more than 6 months since deal
|
 |
| |
Copy of tape
recording/telephone
|
£20 + VAT
conversation transcript in case of
complaint (if Saga Share Direct
is not at fault)
|
 |
|

Commission is shared between Saga Share Direct and Barclays Stockbrokers. Barclays Stockbrokers receive £11.97 for each telephone deal placed and £13.65 for each postal deal. Saga Share Direct retain the balance. Further details are available on request by contacting our Client Service Team on 0845 900 3002.*
* Calls made to 0845 numbers will cost no more that 4p per minute, plus 6p call set-up fee (current as at November 2007) for BT residential customers. The price on non-BT phone lines may be different.
|
|