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Using savings & ISA intermediary

Last post Mon, Dec 05 2011, 11:46 AM by nigel52. 3 replies.
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  •  Mon, Dec 05 2011, 11:46 AM

    Re: Using savings & ISA intermediary

    Angryman26:

    Be very carefull in dealing with Governor Money. They have a complex system which appears to be in order to hold onto your money without investing it in the product you wanted. Getting your money back from they is not easy and they may well charge you for process.

    Very interesting - I sent them a pretty large sum of money as a direct bank transfer which has not appeared on my account and so far they have not responded ot my secure messages to them. I think the principle fo what they offer is good but I am not sure they are up to the job. Maybe I will try and get my money back?

    • Post Points: 5
  •  Fri, Nov 04 2011, 10:23 AM

    Re: Using savings & ISA intermediary

    Be very carefull in dealing with Governor Money. They have a complex system which appears to be in order to hold onto your money without investing it in the product you wanted. Getting your money back from they is not easy and they may well charge you for process.

    • Post Points: 20
  •  Sat, Jul 30 2011, 1:41 PM

    Re: Using savings & ISA intermediary

    According to the article below on 1st May 2011, they only had a few of the smaller building societies involved in their scheme in which to invest. I had a look at their website and this would still appear to be the case.....good idea in principle but perhaps the choice at the moment is just too restrictive.?

    http://www.independent.co.uk/money/spend-save/onestop-savings-shop-falls-down-on-rates-2277288.html

    • Post Points: 5
  •  Sat, Jul 30 2011, 11:20 AM

    Using savings & ISA intermediary

    Has anyone had any dealings with Governor Money who act as a frontman for all savings and ISAs such that you register with them and then using their partners (mainly building societies) you split your funds across a number of high paying accounts either straight savings or ISAs and they keep you informed of any rate changes. This allows them to monitor your money and not get caight out by a sudden drop in interest.

    The principle looks fantastic. Any views. regards Nigel

    • Post Points: 35