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IFA fees
I understand the law changed a few years ago so that IFAs now have to charge a set amount or a percentage, rather than making their money from commissions they get from the products they sell. My brother has some investments which were arranged through an IFA dating back to the time before the law changed. He gets a…
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Share dealing broker that takes deposits in EUR
I want a broker that allows me to trade and deposit in EUR. I use IG atm but they are now intorucing an insctivity fee of £24 per quarter when you dont trade. I am not a frequent trade. I prefer to buy etfs and just sit for the long run. Is there a good broker for that?
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Portfolio planning and allocation 5-10 years
A few weeks ago I sold out my funds taking some nice profit ( won't bore you with all the reasoning etc ) So I'm now a bit cash heavy.Its all working in various savings accounts, and I put some into a 3 yr NSI bond. However the overall spread since the sell off at present now is .. Cash ( regular savers, deposit, using…
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25 year old.. How can I retire ASAP?
Apologies if this is in the wrong section, I'm just looking for the best advice for me moving forward. I'm 25, not too far from 26 and I really don't like working. I don't want to be working 8 hours a day for the rest of my life, I want to have the option to stop working and do something that's more fulfilling for me. I do…
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Post Office Saver DD cancelled reason unknown
Just seen that my wife's DD from TSB didn't get taken in January. Mine did as have all the DDs for our other P.O. Saver a/cs. Annoying as she'll not get the £5 TSB reward for January. Looking at her TSB a/c shows the P.O. DD mandate missing. In her P.O. a/c the regular deposit shows "Mandate Cancelled" against the monthly…
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New Fidelity website
Has anyone logged onto Fidelity to find the site has ben updated, if I log onto my account its the old style. But if my wife logs in its a new style. Confusing as I would expect both to be the same.
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VWRL, SWDA or HMWO?
I am looking at investing in a World ETF and am trying to decide between VWRL, SWDA & HMWO. VWRL & HMWO yield around 2% whereas SWDA I understand has no dividend yield. HMWO is much smaller than its mainstream large share fund rivals VWRL & SWDA so could this be a disadvantage? The charges are roughly the same between 0.20…
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GIA tax question
I see that everyone has an annual capital gains allowance of £11,300 On a GIA. Is this profit on your investment before you have to pay tax on any of it. IE if I invested 30k in a GIA in December does that mean the GIA has to be worth £41,300 over the tax year before I have to declare it and pay any tax on it ? Many thanks…
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Mortgage Overpayments
Hello, My fiance and I are setting aside money each month to overpay the mortgage, currently £100.00 a month. The idea is to save the £100.00 a month up until our first mortgage term is over (August 2022), then remortgage with the money saved as another "deposit" to reduce the term of the mortgage. We're currently saving…
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Halifax Help to Buy ISA Transfer to LISA
Hi! First post on the forum so go easy on me! :) I have recently transferred my savings from my Halifax Help to Buy ISA into my Skipton Lifetime ISA. everything went smoothly except last week I received a letter from Halifax stating account details and that in order to claim the bonus I would need to appoint a conveyancer…
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Hargreaves Landsdown to "update" their website
Nothing wrong with the current one as far as I can see but hey ho lots of folk have got to justify their salaries. http://www.hl.co.uk/about-us/hl-refresh Got a feeling that like most "improvements" this is going to be horrible. No doubt the website will be aimed at mobile devices - like the awful Fidelity upgrade.
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Managing my young son's inheritance
I've already posted about this on the Marriage, Relationships and Families forum. A respondent has suggested that it really belongs here. My wife died recently (we were separated), and my fifteen year old son will inherit a decent amount of money from her pension (60K+) and a share of the home he currently lives in (30K).…
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Sipp outlook
I admit I don't know much about sipp and I need to educate myself. However with ever increading retirement age is it possible that one day a government may turn around and say that sipp retirement age will not be 55 anymore but 62? hypothetically a jeremy corbyn gets in, squanders whatever little the treasury has for ten…
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Halifax Financial Services Personal Investment Pla
Hello All Post in regards to: Halifax Financial Services PIPs set up as Family Trusts in 2009. Brief background: My Mother has a cousin. Closest living relatives, grew up next door to each other, their mothers' were inseparable. Mum is 78, cousin is 83. Cousin is now very frail and he fairly recently moved to a care home…
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Savings account to pay regular bills
I know interest rates are low, but what's the best savings account to pay money into monthly by standing order for annual bills such as car tax, insurance etc and unexpected bills such as a problem with the boiler, so that I can draw on it when I need to without penalties. Thanks
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What Does a Hedged Fund Do?
I know what hedging is when I am talking about buying something in a foreign currency at a fixed point of time in the future (it effectively guarantees the exchange rate that I will get at a point in the future) but I am not sure about it when I am told it is applied to a fund that I might hold for many years & which has…
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De-risking equity portfolio..?
Hi all, I have quite a lot of money invested in shares and think i should start to slowly de-risk by selling at opportune moments and then buying into something else. The problem is, what should i be looking to buy into?
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23 and a 31k grad salary. My retirement plan.
Hello all, I'm a 23 year old working a 9-5(6) graduate job at a large UK telecommunications provider and I earn £31,000 per year. Yep that's my salary and I'm going to share with you my plan for retirement and would love to receive input on some questions I have set out below. Alongside my graduate job, I run and manage 3…
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Barclays Bond
Ive had a couple of bonds with barclays for atleast a decade. Ive had a letter from them asking for several identity documents (eg passport) and explaination of where the funds came from. Has anyone else been contacted? It feels really odd they are asking for such documents etc several years later. They are saying if this…
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Interest paid into separate account
Halfway through applying for Investec's one-year fixed- rate bond I was very disappointed to be given no option to have the interest paid into the account itself. This makes a significant difference to what you earn on the money right? Sorry if this question's a bit basic. I've searched everywhere and can't find the topic…