Voting rights for Shares held in ISA?
Discussion
If you own shares or units you own the voting rights on them. However, since there is usually a nominee account between you and the company it is actually the nominee who does the voting in accordance with your instructions.
Example from Fidelity: "When we hold investments in a nominee structure, which means we hold your units or shares on your behalf, you won’t automatically have voting rights. However, you will be able to give us voting instructions for corporate actions on Fidelity-managed funds, including our range of trackers, so that we can vote on your behalf. You can register for this service below. You only have to give us your details once, and your registration will apply to any ISA or Investment accounts you may have."
Fidelity do not charge for this service although they reserve the right to change their position on this. Other platforms may levy a charge.
Example from Fidelity: "When we hold investments in a nominee structure, which means we hold your units or shares on your behalf, you won’t automatically have voting rights. However, you will be able to give us voting instructions for corporate actions on Fidelity-managed funds, including our range of trackers, so that we can vote on your behalf. You can register for this service below. You only have to give us your details once, and your registration will apply to any ISA or Investment accounts you may have."
Fidelity do not charge for this service although they reserve the right to change their position on this. Other platforms may levy a charge.
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