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"The Save £12k in 2024" challenge
This is the new Challenge thread for savers in 2024. The challenge starts on 1 January 2024 and finishes on 31 December 2024. Please report monthly and I will record totals on a spreadsheet. Link below. https://docs.google.com/spreadsheets/d/1-frtVz3nhAXAKlcjM5zqNyiLfSopVsc_tPK9Y_r7jPM/edit?usp=sharing You can save £12k or…
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The Savings & Investments Sticky
FCA Unauthorised Firms and Individuals List The Top Instant Access Savings Discussion Area How much can you save? Share Dealing Discussion Area Regular Savings Accounts: The Best Currently Available List! Top Child Trust Funds Article Discussion Area >
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Proposed take over of Virgin Money - Nationwide members should be given a VOTE
I'm really unhappy about Nationwide management running roughshod over their members (we the customers own the building society as it's a mutual), trying to push through a deal to buy Virgin Money. My quick take: * Nationwide management have proposed a takeover of Virgin Money * Terms of the deal have been agreed, but it is…
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Notice of interest rate reduction on notice accounts
I've got a 95 day account with RCI Bank still paying a generous 5.6%, although not for too much longer. Their summary box says "The interest rate is variable, and we can change the rate of interest on existing accounts by giving you at least 109 days’ notice" I have a 90 day account with Oxbury which says "Oxbury can make…
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The Top Fixed Interest Savings Discussion Area
I'm interested in people's thoughts and recommendations for the best fixed interest accounts. With BOE interests rates recently starting to increase we have to consider the desirability of long term fixed interest savings. Since withdrawals are usually not permitted before the end of the fixed period, such general interest…
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Implications of withdrawing from a Lifetime ISA
I opened a Lifetime ISA when I was 39 (in 2021). I bought my house in 2014 so I am using the ISA to save for my pension. I spoke to Hargreaves Lansdowne today (the ISA provider) and I am confused about the implications of withdrawing from a LISA for invalid reasons i.e. before I am of pension age. To explain, let's assume…
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SIPP for investment in international stocks and ETFs?
Hi there. I have a SIPP with Fidelity in the UK. To my disappointment I have found that I am only able to invest in UK stocks and ETFs from this product. Does anyone know of a provider that offers a SIPP that allows me to invest in US stocks and ETFs (especially one that would also allow me to allocate 1-3% of my portfolio…
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Which 1 year fixed savings account would you open TODAY?
With the rates being offered seemingly having peaked, and many offers becoming NLA, I think I need to lock away some savings in a 1 year fix. But which one? I'll be maxing my ISA contributions as soon as we go into the go into the new tax year, and I am already making overpayments into my pension, so really just looking…
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Regular Savings Accounts: The Best Currently Available List!
1. Introduction Welcome to this thread. I continually edit the first few posts of this thread to keep it up-to-date. This thread is meant to complement Martin Lewis' article which you can read here: Regular Savings Accounts and the accompanying discussion thread Regularly Beat the Best Savings Account Rates Discussion Area…
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Personal savings allowance and staying out of higher rate tax band
I hope someone can help. My husband got a payrise putting him £2k into the higher rate threshold. He has decided to put money into his pension to bring it down to meet the top of the banding. He however also earns £1000k a year in interest from savings. How does this affect him? Does the £1k count as income and therefore…
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Premium Bonds Article Discussion Area
This thread is to discuss the Premium Bonds: Are they worth it? article Also see the Premium Bond Probability Calculator to discuss the calculator specifically see the Premium Bond Calculator Discussion. To take part, click reply.
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Cash Isa Help
Hi Both my wife and I have 1year cash isa's maturing on 1-4-24, circa £50K in each. I would like to transfer this straight away to another provider who offers a good interest rate. Current providers follow on rate is poor Needs to be easy access, allows transfers in and be flexible. I've found one but I need to open with…
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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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Cashing in Stagecoach group plc share certificate
I have an old share certificate for stagecoach group plc which was issued to me in 2017 after I left the company which was part of a company share program I was enrolled in. The certificate was issued by Capita and was for 1,744 shares. I have now gone to try and cash in the certificate but I cannot as apparently the…
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Tax brackets for savings interest income - Do I include salary sacrifice pension contributions?
Hi there. I'm trying to work out how to balance savings between myself and my partner for the 24/25 tax year to ensure that neither of us go into the higher rate tax bracket on our savings interest. I currently make quite a large contribution each month to my pension via salary sacrifice. So which figure do I use to work…
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Top Easy Access acs Ranked: Top of The Pots - **No Chat**
I've had a few suggestions/requests to start a separate 'No Chat' thread, as the ToTP list gets drowned in 'chat' in the 'Top EA discussion' thread. The aim is to maintain an easy-to-find ranked list of the c.Top 10 available to open & manage online Easy Access accounts, with links. The purpose of this thread is to ONLY…
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Dumping IFA portfolio to go DIY
I have casually lurked on this forum for quite a while but never felt I had a need to ask anything..but now I think I have. Been with an IFA for 7 years and in that time a largely Dimensional fund dominated pf on the Nucleus platform has evolved into what I’ll post below. All our equity pf is now within ISA wrappers and…
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The Top Easy Access Savings Discussion Area
This thread is specifically to discuss the Easy Access Savings article Which includes the new free Savings Calculator tool. To discuss or ask a question about this article: click reply
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Saffron BS - Small Saver Q
Afternoon, I was looking to open a Saffron Small Saver account @ 5.75% interest, the account is question is: https://www.saffronbs.co.uk/savings/regular-savings-accounts/small-saver My initial plan was to simply pay in £50pm over the course of the year but got half way through the application and now not sure thats the…
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Take a peek at my hand?
************************************************************ Hello. I'm an amateur investor with a stocks and shares ISA account since 2006. This is a diary type thread to share my thoughts and to chart the ups and downs. The diary started on 31st December 2014, and I update it at the end of each quarter. I am particularly…
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Vanguard Life Strategy 60/40 best platform please
Hi all, I would like to invest in VLS 60/40. I am 50 years old and have £60,000 to invest. Which platform is best to go through? The two that keep coming up are Vanguard direct or via iWeb. I am a complete novice so spend hours doing research but then never actually invest. I need urgent help at pulling the trigger please.…
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Saffron Nominated Account Issue?
I applied for a 12 Month Members Regular Saver account with Saffron over the weekend, heard nothing from them. Rang them earlier today, not much said to me tbh, apparently they can't verify my Virgin Money account which I find strange because I've already got two savings accounts ( esaver & members month regular) with them…