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Invest or save
I have a lump sum to invest and have been advised 50% into smoothed PRU fund (risk level 2) and 50% into a mutual fund (risk level 3). I've tried to understand it all but feeling overwhelmed and now considering just half of the money into PRU as a form of saving for retirement and keeping the rest in savings with no risk.…
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Trading 212 1.5% Cashback
I only just noticed on my app it's asking me to add a subscription to my card to receive the 1.5% cashback, is this new? I'd never set up a subscription from thte 212 card before and have been getting the 1.5%cashback? Also would a monthly sim deal count as a subscription?
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Is it short duration...?
Royal London Short Duration Credit has, according to its fact sheet, a duration of 3.32 years. The fact sheet also shows its ten largest holdings having maturities of 2051, Perp, 2035, 2035, 2034, 2029, 2032, 2032, 2034, 2032. Are the largest holdings atypical of the overall fund or is something else going on?
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Best savings account for my almost 16 year old
My son has just over 4K in a children’s savings account with Bank of Scotland, the decent rate ended ages ago and we need to move the money elsewhere to make it work a bit better. What would your recommendations be please? Does it have to be a children’s saver or would it be more beneficial to invest in an adult account in…
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X-O (Jarvis) online platform to close in the summer
Most accounts (including ISA accounts) to transfer to Interactive Investor. Information here:- https://www.x-o.co.uk/faq.pdf
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Virgin money regular saver 3 maturity
As above, this has now past one year since I opened it and paid in but no interest paid and it has not been downgraded, anyone know what's going on?
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Investing in uncertain times and diversifying
I was speaking with someone recently and they scared me with talk about the Iran war and everything happening globally. It made me panic sell my holdings, not at a loss, but I reduced my profit. I had over £300k in index funds. What do others invest in during times like this? I do want to start my own business eventually,…
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Yorkshire Electricity Group plc
Going through my late dad's belongings I came across two share certificates for Yorkshire Electricity Group plc one has the registrar named as National Westminster Bank and the second Royal Bank of Scotland. I have checked online and can see Yorkshire Electricity Group plc is still active, but I do not believe either of…
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best platform for low amounts
hi, asking for a friend - a pal of mine wants to start S&S investing through an ISA - i recommended interactive investor having recently moved there myself but didn't think about him only starting with £0 and paying in £100/month their flat fee of £6/month would be punitive I previously used charles stanley but they have a…
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Zopa Biscuit account
I've just opened a Zopa Biscuit account, after MSE recommendation, and have had massive problems from the word go, including inability to access the money we've transferred in and now they have closed their telephone helpline due to 'technical issues'. This means that we currently have no access to significant amounts of…
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Zopa Regular Savings question
I've just opened a Biscuit account in order to get access to the 7.1% regular saver. On the Zopa app home page I've tapped on "hit your savings goals sooner with up to 7.1%" and then "open an account now". It then prompts me to "start application" but it's talking about Smart Saver. I don't understand how you apply for the…
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Generating statements for banks and building societies
I thought this might be a useful list to publish. I've recently had to generate statements from multiple banks/building societies as part of a property purchase. Some were easier to generate statements for than others, please find below a list of the ones I generated statements for with my remarks. Note this list is…
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Handling savings for elderly parents
My parents (76, stage 3 ca; 74, mobility problems) have asked me to manage/look after their savings. They will be arranging financial POA, but still currently have capacity. They just want a trusted person to take the responsibility off their hands. The savings largely originate from my late brother and they want to be…
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Duplicate Junior Stock and Shares Isas
Hi. I have three JISAs for my children, which wer invested with the Woodward Equity Income fund, suspended in 2019. As I could not contribute any more funds, I opened a further three with AJ Bell in 2019. I now realise I shouldn’t have more than one set of them, but in seven years have never been contacted by HMRC. Should…
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IG Promotion - Invest £50 or more and get between £40 to £200 in bonus shares
Hi, Just came across this promotion and having read the T&C's I am not fully clear. https://www.ig.com/uk/bonus-shares-promotion-oct-25 1. Open the account e.g. S&S ISA or GIA and pay at least £50 in 2. Buy some shares and use up the full £50 in one transaction, ideally you make 2 small extra trades (higher pay in…
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My Community Bank savings question
My Community Bank savings account has recently matured and its automatically transferred to a Castle Community Bank account. I am trying to withdraw the money from this new account as the interest rate is much lower, but for the life of me I can’t find a way to withdraw my money! There are no options. I’m being thick but…
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IG February cashback offer
Hi, carefully followed all the criteria for the advertised offer back in February to gain up to £200 cash back but can’t see anything in my account yet. Has anyone had this ?
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Capital Gains Tax for a UK non-tax payer
I have found references within MSE and AI on google to the effect that a UK non tax payer would have up to £12,570 total income + capital Gains before having to pay any CGT over and above their £3k personal CG allowance. i.e. if my pension is £6kpa and my capital gains from selling shares is £4k, both MSE and Google AI say…
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Take masters loan and save, or pay for masters?
Hello All, Hopefully this is the right forum for this question. I’m looking for advice on whether to take the postgraduate student loan in the UK or not. Some context - I’m as working professional in London looking to study a part-time masters which costs £8,500. On average (outside of the pandemic) I can manage to save…
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Are your weekend Faster Payments giving the banks an interest free loan? WARNING THIS IS BALONEY!
Never too late to learn I suppose. I always avoided standing orders to fund regular savers as I understood that the payment if paid on the weekend did not arrive until the next bank working day usually Monday. Whereas if I manually made a FP or internal transfer on a weekend it arrived in the destination account that day…
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