You are about to be directed to the Barclays Stockbrokers website
Barclays Stockbrokers offers an execution-only service. They can administer your investments and provide investment education and research but they don't provide financial advice. If you're unsure about whether an investment is right for you, please seek independent financial advice.
It is your responsibility to assess whether an investment is suitable for you and that it will fulfil what you want to achieve. Please remember that the value of investments can go down as well as up, so you could get back less than you invested.
On 31 January, Barclays Stockbrokers started to provide its business and services through Barclays Bank PLC.
Any investments you make with Barclays Stockbrokers will be held separately to those owned by Barclays Bank PLC and will be held in the name of a nominee company. These investments are held on trust by Barclays Bank PLC. This means that in the event of insolvency, they wouldn’t be available to its creditors. In such a situation, if Barclays Bank PLC failed to honour a duty it owed to you while providing its investment services, you may be entitled to claim compensation from the Financial Services Compensation Scheme (FSCS). This will usually cover the first £50,000 of any losses arising from such a failure. Importantly, the FSCS doesn’t cover any fall in the market value of investments that have been incurred.
Barclays Stockbrokers will usually hold money it receives from you as banker through Barclays Bank PLC. This means that when you deposit money with us, it’ll all be held by Barclays Bank PLC, and as banker, it’ll owe you money of equivalent value. If Barclays Bank PLC became insolvent, you may be entitled to compensation for losses caused if it was unable to return the money you deposited in full. The FSCS will compensate eligible claimants up to £85,000 per person for losses of this type.
If you already hold investments or deposits with Barclays Bank PLC, you’re advised to consider the extent of your FSCS cover when making decisions about your investment and banking arrangements. In particular, it’s important to note that the compensation payable is per person and not per account. For example, you would need to consider the aggregate balance of all deposits that you hold with Barclays Bank PLC, both in ordinary bank accounts and held for you in the Barclays Stockbrokers’ business. It is therefore important to consider the total sums of investments and cash held with Barclays Bank PLC when making a decision to deposit investments or cash with us.