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Starting another Pension after early Retirement and tax .
With the government removing the upper limits on pension savings (previously 1.25m) and with the cost of living I am thinking about a part time job after taking early retirement (12 months ago). To be tax efficient it seems to make sense to start a new pension/avc from pre tax wages . I think the pension I have taken is…
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Moving large sums of money in savings account(s) following a house sale
What's the best way to move large sums of money (c.£500-£600k) from a bank current account into savings accounts? We have a house sale progressing which hopefully will go through in February and our short term plan is to move it into a few savings accounts (under £85k each or £170k joint) from day 1 to make sure it's…
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SIPP withdrawal
Can you please talk me through how I withdraw the £3600 from my SIPP. I have been contributing £240 per month over a number of years and need to withdraw some from my SIPP with Hargreaves’s Lands down. Thanks, Lewiboy
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Interest on Savings for non Tax payer?
Hi, can someone confirm this for me? My 49 yr old wife is a non tax payer (zero earnings). However, she has been fortunate to been given a lump sum recently that she is spreading over several Saving accounts (< 85k safety net). As a non income tax paying person (she earns no money via a job, has no pension earning etc),…
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Has anyone managed to open the 5.22% Metro Bank easy access? "..something is not quite right'
I've been trying for a week now. I had to submit my passport photo and selfie 10 times before it was correctly recognised. I then received an email with subject "We’d love to offer you an account MB:xxxxxxxxxx" We're very happy to offer you a Metro Bank account. You can open your account now, simply accept our offer. But…
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West Bromwich RS
Only available to existing customers. Could I open a Limited Access Saver for £1 and then open RS straight after? Can't see any minumum term requirement before RS avail. Thank you
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Truelayer
I want to open a Tandem savings account, but you have to link your current account via a system called Truelayer or something similar. I'm nervous about putting my online banking password etc through this platform. Is it safe?
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Old Yorkshire Electricity Group plc shares
Hi Hope somebody can help!! My father in law recently passed away and left 2 share certificates to us. They are dates 23.10.1991 and are from the Yorkshire Electricity Group plc. I am wanting to find out how much they are worth and if they are still valid. Any pointers on where I go to start investigating would be greatly…
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Bitwave/Zoe Ball
I was just reading some stories on the BBC website and came across this by Zoe Ball (Removed by Forum Team) I saw something very similar but that time the celebrity was Ian Wright, almost like it was planted for him to expose a company called Litegraphs. Has anyone else picked up on this? Apparently the show with Zoe Ball…
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Investment advice, Tax and SIPP re Power of Attorney,
Hi, I have Lasting Power of Attorney for my Mum aged 94. She recently sold a second home which after CGT leaves her with over 500k which is needed to pay for her live-in care in her main residence. I have arranged an initial meeting with an IFA and one thing they mentioned on the phone was Business Relief which would be…
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Brewin Dolphin investment
Eighteen months ago I invested some spare funds into a BD medium risk fund, via a financial advisor and taking his advice regarding risk level, investment company etc. It was my first foray into investments other than BTL property, so I am very green. The money was from my limited company (120k) and I topped it up recently…
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Nationwide interest mistake?
I have a nationwide savings account (3.75%) On 1st January I received my annual interest of £510 - added to the account I have not had enough to gain this amount of interest According to the seperate page showing non free interest, I was paid just £128 Should I query the amount of interest paid or just keep quiet?
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How do you switch funds?
I know the answer is to just put in a switch order :smile: I have a little under £200K in FTSE Global All Cap on the Vanguard Platform that's been there 18 months or so and I realised some months back that my appetite for risk couldn't tolerate a serious pullback. I stuck with it through most of 2022 and 2023 so I've seen…
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2 year Savings Account Principality
Incase useful to others, 2 year account paying 6%, max £50 pm. https://www.principality.co.uk/savings-accounts/fixed-term-savings-and-bonds/Healthy-Habits-regular-saver-bond
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Monthly interest on savings
I opened a fixed term savings account with Metrobank at 5.25% and understand monthly interest is paid at the begining of each month. it was opened 21st Dec 2023 so aprox 11 days so 5.25/12/31 =0.014% so 5000*0.014% is £7.70 They paid me 16p have I got it completely wrong ? failed maths gcse at school lol oh and they have…
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P2P Currency Conversion
Hello you wonderful and intelligent people that make up this forum. I sincerely hope you are having a good weekend and doing well. I know that Interactive Investor allow you to add currency other than GBP, to save on their FX charges. I know you can use these P2P platforms to exchange currency, i please wondered if anyone…
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Savings & Investment Advice
Hi, We are looking for some advice and hope some people can help.. We have been saving hard/ living frugally for quite a number of years and currently have ~ £200k in cash savings (mixtures of ISAs and notice accounts). We are now considering what the best use of these savings would be. One option we have explored is…
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Vanguard not collecting fees
Has anyone faced issues with Vanguard not collecting account fees via direct debit? I noticed a few months ago that I had a fair few fees stuck on pending within the account that were meant to be collected via direct debit, but they hadn't been. The bank account is in good standing, I haven't cancelled the direct debit and…
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Christmas Savings Accounts
Painful as it is to start thinking about next Christmas, I had a Yorkshire Bank Xmas Saver in 2023 and would like to open another this year. However, I see no sign of it today on the YBS website. Any other suggestions? Does not seem to be much on offer and I would prefer to avoid Park Xmas as they give you a voucher.
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Transferring platforms for Stocks & Shares ISA
I am considering transferring form Fidelity to Interactive Investor because of the flat fee structure. I currently contribute to my investment via a regular saver plan & was wondering if it would be sensible to cancel the direct debits. I am aware that the transfer will take several weeks so was thinking any further…