Barclays Stockbrokers important information

You’re about to be directed to Barclays Stockbrokers.

Here you’ll find all the information you need about managing your investments with us.

Barclays Stockbrokers offers an execution-only service. They can administer your investments and proide investment education and research, but they do not provide financial advice. If you’re unsure about whether an investment is right for you, please seek independent financial advice. 

It’s your responsibility to assess whether an investmwent 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.

Any investments you make with Barclays Stockbrokers are held separately to those owned by Barclays Bank PLC and are held in the name of a nominee company. These investments are held on trust by Barclays Bank PLC, meaning that in the event of insolvency, they wouldn’t be available to creditors. In such a situation, if Barclays Bank PLC failed to honour a duty it owe 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 does not cover any fall in the market value of investments that have been incurres.

Barclays Stockbrokers will usually hold money it receives from you as a banker through Bartclays Bank PLC. This means that when you deposit money with us, it will all be held by Barclays Bank PLC, and as banker, it will owe you money of equivalent value. If Barclays Bank PLC become insolvent, you may be entitled to compensation for losses caused if it was unable to return the money deposited to you 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 inv4stment or cash with us.

Further details of the FSCS can be found at fscs.org.uk.