dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,056
Likes: 617
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Post by dave4 on Aug 18, 2020 10:22:17 GMT
Resolved, thankyou.
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Post by slumberingaccountant on Aug 21, 2020 16:05:55 GMT
I have just noticed that all my withdrawal instructions for my non-ISA funds are showing on the ISA Tab, and as going to/from various ISA accounts. I have no instructions showing on the non-ISA tab despite that being where they all are.
The transactions seem to be operating correctly but showing on the dashboard incorrectly.
Has anybody else got this ?
(reported by email to assetz)
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victors
Member of DD Central
Posts: 157 
Likes: 86
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Post by victors on Aug 21, 2020 16:13:45 GMT
Same here.
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,447
Likes: 945
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Post by stub8535 on Aug 21, 2020 18:51:04 GMT
Yes.
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upperdeane
Member of DD Central
Posts: 493
Likes: 245
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Post by upperdeane on Aug 21, 2020 21:24:37 GMT
Same for me
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ian
Posts: 342
Likes: 226
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Post by ian on Aug 22, 2020 5:24:37 GMT
It is no longer possible to determine the composition of the access accounts
- cash level
- defaulted loans
- capital value markdown
All useful information when deciding on what position to take on the secondary market. Probably signals reduced payouts from redemptions. AC don’t want us pesky investors anticipating how much of our capital might be returned to us.
Regardless the composition of what your buying in AA is a mystery at time of purchase let alone a couple of months down the line once the pack has been shuffled a couple of time’s !
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SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
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Post by SteveT on Aug 22, 2020 7:03:58 GMT
It is no longer possible to determine the composition of the access accounts - cash level - defaulted loans - capital value markdown All useful information when deciding on what position to take on the secondary market. Probably signals reduced payouts from redemptions. AC don’t want us pesky investors anticipating how much of our capital might be returned to us. Regardless the composition of what your buying in AA is a mystery at time of purchase let alone a couple of months down the line once the pack has been shuffled a couple of time’s ! Simply click Marketplace and select your Access Account in the "Accounts" box
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rscal
Posts: 985
Likes: 537
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Post by rscal on Aug 22, 2020 10:13:49 GMT
Could someone confirm please .. if I switch off my AA 'at par' withdrawal instruction, do a quick invest or sale at current discount and then switch back to withdraw 'at par' would I re-qualify for daily distribution instantly? Did I read that you lose place 'in the queue' doing that? That doesn't sound quite likely but that's why i'm not sure and seeking clarification. Thanks
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SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
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Post by SteveT on Aug 22, 2020 10:16:02 GMT
Could someone confirm please .. if I switch off my AA 'at par' withdrawal instruction, do a quick invest or sale at current discount and then switch back to withdraw 'at par' would I re-qualify for daily distribution instantly? Did I read that you lose place 'in the queue' doing that? That doesn't sound quite likely but that's why i'm not sure and seeking clarification. Thanks Yes and yes
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cb25
Posts: 3,528
Likes: 2,668
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Post by cb25 on Aug 22, 2020 10:21:00 GMT
rscal You don't need to cancel at par withdrawal requests in order to buy at discount in the same account.
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Post by davee39 on Aug 22, 2020 10:29:25 GMT
Yes, you will qualify for distributions.
The 'queue' is a bit misleading.
If you were to discount at 3% and there were no buyers, you would be placed in the 3% discount queue to be matched, in turn, with any available buyers.
The par queue (zero discount) is waiting for buyers who are not looking for a discount. It is really a sorting mechanism to rank all the withdrawal requests.
If you lost your place it would not be significant, since offering a tiny 0.1% discount would jump you back to the front, ahead of those not discounting.
I think the big benefit for those not discounting is the potential for a reduction in the overall withdrawal queue if long term holders buy in and do not immediately
try to withdraw. This leads to the distributions from repayments being shared among a shrinking group, allowing a greater share to be distributed.
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ceejay
Posts: 975
Likes: 1,149
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Post by ceejay on Aug 22, 2020 10:30:09 GMT
Could someone confirm please .. if I switch off my AA 'at par' withdrawal instruction, do a quick invest or sale at current discount and then switch back to withdraw 'at par' would I re-qualify for daily distribution instantly? Did I read that you lose place 'in the queue' doing that? That doesn't sound quite likely but that's why i'm not sure and seeking clarification. Thanks You do lose your place in the queue by doing this manoeuvre (BTW, I've done it a couple of times already in the account where I am buying). But since your withdrawal at par was never going to reach the front of the queue anyway, you don't lose much by doing that.
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iann
Posts: 105
Likes: 86
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Post by iann on Aug 22, 2020 10:48:38 GMT
I have just noticed that all my withdrawal instructions for my non-ISA funds are showing on the ISA Tab, and as going to/from various ISA accounts. I have no instructions showing on the non-ISA tab despite that being where they all are. The transactions seem to be operating correctly but showing on the dashboard incorrectly. Has anybody else got this ? (reported by email to assetz) This does seem to be giving me the ability to invest in a non-ISA account even though there's a queued withdrawal on that account. Not actually tried it though.
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savernake
Member of DD Central
Posts: 174
Likes: 142
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Post by savernake on Aug 22, 2020 17:00:59 GMT
I have just noticed that all my withdrawal instructions for my non-ISA funds are showing on the ISA Tab, and as going to/from various ISA accounts. I have no instructions showing on the non-ISA tab despite that being where they all are. The transactions seem to be operating correctly but showing on the dashboard incorrectly. Has anybody else got this ? (reported by email to assetz) My dashboard is showing my withdrawal instruction to pay from QAA (ISA) to Cash (ISA). I don't have an ISA account with AC! Some sort of display issue I suspect, because it was showing correctly a couple of days ago.
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Post by davee39 on Aug 22, 2020 17:10:36 GMT
They b****** a few things up on Friday. Never a good time to poke about and never a good idea to make unannounced changes.
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