Deathknell
Registered User
- Messages
- 11
It was the online facilty at Rabo that enticed me + the low fees.
Degiro + ETFsAny recommendations on a solid alternative to Rabo here?
....Will RaboDirect shut down in Ireland?....
Very disappointing!! But understandable.
Unfortunately, Ireland has a booming fund industry, with everyone in Europe benefiting from it - except the Irish.
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This would cause me a serious problem, as Rabo are the only bank I trust with deposits considerably bigger than the government guaranteed amounts. Does anyone have any recommendations for a safe haven for deposits in the absence of Rabo if it were to come to that?What's next? Will RaboDirect shut down in Ireland?
Are you saying that everyone should be 100% (or some very large percentage) in equities as a less risky alternative to deposits?
It was a question, not a conclusion. (The hint was in the question mark).Absolutely not and how you came to that conclusion is beyond me......
Cantor don't offer a regular investment facility which is really disappointing - I have questioned both Rabos due diligence and the central banks process here, neither appear to have given a damn in either seeking or ensuring a suitable alternative replacement service is secured. Stockbroking accounts are not a comparable alternative replacement.Yeah. It is annoying. I called them, sounds like jpd's theory is correct - the official word is that they are concentrating on savings. Well at 1%, wtf is the point really. They are defaulting investments fund management to Cantor Fitzgerald. If you dont sell, the funds will roll over on the same T&Cs for a year after which CF fees apply. CF have 3500 funds and offer a full financial service package. Dont know anything else about them.
Spread it across multiple 100K limit banks?Does anyone else have any recommendations for a safe haven for deposits in the absence of Rabo if it were to come to that? Rabo are the only bank I trust with deposits considerably bigger than the government guaranteed amounts.
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