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Early Transfer of Fixed Rate Cash ISAs. Sensible?
I've been reviewing my wife and I's cash ISAs and note that we have a few fixed-rate ISAs with low interest rates (eg, 1.2% and 2.1%). We are obviously locked into these for a while yet, but, given the number of cash ISAs with much better interest rates around at the moment, I am thinking about ending these early and…
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Opting out of SERPS
I have recently looked at my pension forecast where it confirmed that I did indeed opt out of Serps. However, I have no idea where this pot is held. The company I worked for at the time went into liquidation and I don’t know what happened to the fund. Or indeed, where it was held. How do I trace where this pot is.
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Notice Accounts
I can't see any dedicated thread for Notice Accounts, so here we go. My question for all knowledgeable people in this forum is whether anyone has any experience with Allica Bank, I currently have a Zopa smart saver account and, so far, can't fault them really, but Allica are offering 2% for 95 days notice compared to…
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General Discussion and Whimsical Banter
It was only a matter of time. Personally I've never minded the off-topic comments in the main threads to discuss top easy access and regular savings accounts, but I can see it's becoming a greater problem given that there just isn't a whole lot going on in the top end of the savings accounts market right now and possibly…
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What's the best thing to do with a large lump sum gift?
I want to put a large lump sum financial gift towards my next home but haven't found anything suitable yet. Where's the best place to put the money in the meantime?
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IFA fees
I was hoping to get my ISA stocks and shares, the proceeds from the sale of my properties reviewed and replan if necessary with the IFA ( financial planning and wealth management business) I had used. Unfortunately, it had been bought by Company X. I would like to know 1. What are the annual returns for low, medium and…
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Tax on interest (again!)
I know this subject has been done to death - but I still find it confusing. Assuming earnings are: 12570 tax free band 1000 PSA allowance 5000 Starting rate for savings So if I earned 18570, there is no tax to pay If I earnt one pound more, does the "Starting rate for savings" disappear...? 12570 tax free band 1 taxable…
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Santander Easy Access Limited Edition
The Key Document ofr this account states the annual interest at 5.20% AER/gross and the monthly interest rate at 5.08% AER/gross. Should the monthly not read 5.08% gross (5.20% AER)? Or have I misunderstood how AER works?
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Full transfer of current year subscription only ISA
Hi there, I have recently used an ISA to wrap work based shares coming out of a scheme. Once in the ISA I sold and withdrew a proportion that I needed personally. There is now a cash balance left in this ISA which I wish to transfer to a cheaper platform - this platform only accepts partial transfers from the current tax…
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cash from isa immediate house purchase
I want to use 350k from existing stocks and shares iSA to buy a house immediately as I will get first choice from a new development.. Then sell my existing house (assuming 6 to 12 months to complete) and reinvest the 350k at 40k annually between us Can anyone calculate how much this will cost in terms of capital gains tax…
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Allica Bank Payee Details
Hi Guys I have opened a fixed term savings account with Allica Bank. They have sent me the sort code, account number and payee name, but the payee is my name, but I would have expected it to be Allica Bank. Using Barclays to transfer the money I had to put the account as a Personal Account and then the Payee Name as my…
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Savings account for grandchildren
Hi I would like to open savings account for my 2 grandchildren. I find it all a bit confusing and do not know whether it would be best to open it in my name, or would I get a higher interest in a childs account. Rather put off a childs account as they look to get the money by the age of 18, which I think is too young.…
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Rent2rent scam. Losing sleep
I can't sleep for worrying. I recently found out my OH has been investing money with rent2rent companies. He tried to explain how legitimate they are, and was looking for a way to make money money as he thinks ISAs are not enough. I tried to calmly explain that he may have been scammed, which he didn't accept and said I…
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Power of Attorney correcting mistake
Finally completed multiple LPAs with and for family. Our certificate provider made a slight error in one section - life-sustaining treatment section 5, where instead of putting his full name after his signature he repeated his signature. I immediately saw it, and got him to put line through it, initial it and write his…
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ETF domicile
Is there still 30% US withholding tax on dividends in ETF's domiciled in Luxembourg?So is it better if possible to have one thats domiciled in Ireland.I was looking at Amundi prime Global ETF has low ocf at 0.05% but domiciled in Luxembourg.
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Plum free £25 for saving £500 for 6 months.
Hi all, I've just spotted this offer on the homepage. Has anybody used a similar offer in the past? Clicking through simply takes you to the app store to get the app. I've installed it and created an account but there's nothing I can see relating to the £25. So I am assuming it is working via some sort of tracker / referal…
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Who remembers Peter Young?
While clearing out a pile of old financial
papers I came across an old newspaper article dated 1996. I was instantly transported back nearly 30
years. The private yacht I was on has just started transiting the Suez Canal.
With little else to do I started reading a 4 day old Telegraph we had taken on
at Port Said. There on…
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Savings
Hi all I can get £35,000 out of my pension this year if needed do you think it’s better to take out and invest in an ISA or keep it tucked up in pension
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Please help me understand why bonds might be better- or worse- than cash.
Hi all. I have been hanging around these parts for a few years now, and have
settled on the following asset allocation: 50% stocks, 50% bonds. EXCEPT that so far, I haven’t been brave enough to buy bonds.
The defensive, fixed income part of my portfolio remains in cash. My thinking has been this: A. As an individual,…
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Bank of Scotland Text Alerts
When do BOS notify you of "You’re about to use or have started using an unarranged overdraft."?I have text alerts set up and have never received one of these messages despite having opted in. With Nationwide, if I have a payment due to leave on the 2nd of the month, around 7am on the 1st, I receive a message advising me of…