Share Centre will pay exit fees to win axed Towry clients

Towry recently revealed it will offload around 6,000 small investors holding assets worth less than £5,000, including many customers of Edward Jones which it acquired last year, as part of a strategic review. The Share Centre says it will give these customers investment advice at no extra cost and will pay up to £300 towards the cost of any transfer charges made by Towry. Guy Knight, director of The Share Centre, adds: "It is vital that all investors can receive affordable, professional advice that sets them in the right direction and offers periodic reviews. "Both are critical to ...