benaj
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Post by benaj on Sept 18, 2020 9:06:41 GMT
TBH, I haven’t done any RYIs in all markets since April.
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Post by Badly Drawn Stickman on Oct 8, 2020 10:41:24 GMT
coogaruk you might want to change the thread title (or given your reputation start another ten) I have decided to take the credit for the RS change of position. I have several accounts and did a RYI on them when the change was announced, then sent an email asking how if it was cancelled and I suffered loss as a consequence that was justified. Clearly there is no sensible answer to that. I suspect practicality and avoidance of regulatory problems upstream made it the right decision for them to do a U turn. It is highly likely I was not alone in contacting them with a similar question, some we win......... most we lose.
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robski
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Post by robski on Oct 8, 2020 11:43:45 GMT
I suspect they haven't had the reaction they wanted with people pushing money to 1 year
Still I am almost out now, bar the wind down of small loans, bit late for a change of course that boat has sailed for me
RS seem to flip and turn as often as Trump, and recently have become about as convincing
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rscal
Posts: 985
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Post by rscal on Oct 8, 2020 11:55:11 GMT
coogaruk you might want to change the thread title (or given your reputation start another ten) I have decided to take the credit for the RS change of position. I have several accounts and did a RYI on them when the change was announced, then sent an email asking how if it was cancelled and I suffered loss as a consequence that was justified. Clearly there is no sensible answer to that. I suspect practicality and avoidance of regulatory problems upstream made it the right decision for them to do a U turn. It is highly likely I was not alone in contacting them with a similar question, some we win......... most we lose. I thank you for that important 'psychosocial' service, Mr V
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coogaruk
Hello everyone! Anyone remember me?
Posts: 706
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Post by coogaruk on Oct 8, 2020 14:00:19 GMT
coogaruk you might want to change the thread title (or given your reputation start another ten) I have decided to take the credit for the RS change of position.I have several accounts and did a RYI on them when the change was announced, then sent an email asking how if it was cancelled and I suffered loss as a consequence that was justified. Clearly there is no sensible answer to that. I suspect practicality and avoidance of regulatory problems upstream made it the right decision for them to do a U turn. It is highly likely I was not alone in contacting them with a similar question, some we win......... most we lose. Personally, I feel the creation of this thread should take the credit.
I also did RYIs on 5yr within 24 hours of September's announcement, more as a hedge really in preparedness for 14th October. The thought had also crossed my mind that if my RYIs were then cancelled by RS I would be entitled to raise a complaint on the basis of having been unable to act upon their intentions within the 30 day notice timeframe. I didn't bother emailing them about it though.
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