There are some benefits with nominee accounts, but I also feel that it is not worth it. Mostly you don't need to fill out forms when there are special corporate actions and go to the post office to send them out since the nominees will do that for you.
But I have also encountered nominee employees who don't know how to read the company announcements and try to collect extra fees from me that there is no need for me to pay the fees according to the fine print of the announcements (example: revenue stamp for AXREIT reinvestment scheme).
What is the best online broker malaysia?, opinions