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Gripit fixings investment
I invested in this company years ago. I realised quite a while back it was a bad decision but you learn from your mistakes Until the last 18 months or so they provided updates to investors on what was happening within the company but they’ve now stopped. I’ve sent numerous emails to both Nick Beare and Nora Mariano who are…
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CGT ?
If all I earn in a year is £5000 all from interest from savings, but I also sell shares that make a clear £6500 profit, would I pay CGT on the £500 over my £6K threshold, or would my £12570 personal allowance cover me? Thank You.
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Contacting Hargreaves Lansdown
I initiated an ISA transfer away from HL back in May. My new broker (iWeb) text me every 2 weeks to say they have had no response from HL, and are suggesting I give them a nudge. However I can find no contact details on their website. The contact us page says 'If these don’t answer your query and you would like to speak…
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Cynergy Bank - bad login procedures
What a really rubbish bank, I've had over 25 savings accounts over the years and this bank has the worst procedures I've ever dealt with. To start with their app is beyond awful due to the bank's infuriatingly difficult and fiddly to use login procedures. I work in tech, so have a good understanding of how things should…
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Shares vs Stocks & Shares ISA + Capital Gains
Evening folks. I inherited some shares when my mother passed away a few years back which are worth about 20k. They currently sit with Eqi and we pay a quarterly fee (£17.49 I think) to look after them. Recently been reading that the Capital Gains Tax is being cut to £6k next year and also some info that it might be better…
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Fund options/guidance
I currently have c£50K invested with Foresters Financial in their stakeholder fund managed by Schroders, with annual fees at 1.5%. The fund breakdown is c60% shares (mainly global) and 40% cash/bonds/fixed income. Performance for the past five years is as follows:* 2019/20 – 1% * 2022/21 – 6.9% * 2021/22 – 2.9% * 2022/23 -…
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Leaving it late
I've been procrastinating over our ISAs for this year and now leaving it late. I usually put mine into VLS60 and my wife's into HSBC Global Strategy Balanced. But they seem so high right now, I've been putting off pressing the button. I won't need the money for at least another 5 years, maybe 10. Time to stop dithering.…
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Who to turn to
I divorced late in life and, regrettably, allowed my husband to manage out money. That has left me with 2 problems: one that I only have a small amount of capital and two that I am owefully ignorant about investing. My instinct is to turn to financial advisors but they take one look at my small amounts and basically say…
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Child Trust Fund maturity
My daughters CTF has just matured, and although I never added anything to it over the years I did expect it would accrue more that just £62 in interest over 18 years. It has maturity value of £312. I feel this account has been really badly managed and have lodged a complaint, even their website says the interest was 2.3%…
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Paying into Son's LISA
Hello Just looking at tax efficient ways to save on inheritance tax and other bits and pieces. Although my Son has bought his first house, his LISA remains open and my understanding is that he can access at 60, or before losing 25%. I think a very simple way of helping him and a little present to him when he is 60 (Maybe…
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Interest/tax starting rate
Hi my saving interest for 23/24 is 9027 and my income 11453. How do I work out my tax liability. I looked on my Personal tax acct and found the banks had not informed them previous years. Will I be better self assessment, worse still will they think I am trying it on. I am not, I will pay what I owe. Just trying to…
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Confirmation of Payee - Santander refusing to send ISA sub to Virgin Money
Help! Santander said - "I have looked and it appears that the account you are attempting to send the payment to is not registered with confirmation of Payee so we were unable to verify that the payment was going into an account in your name. It appears this is the reason the transaction failed." It now looks as if I am…
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Tax on Savings Interest
Currently in a situation where i have a low income but large savings. My yearly taxable income is currently approximately £7155.00 I have around £210,800.00 in a chase savings account (recently opened) which pays a taxable interest rate of 1.5% I believe i would be entitled to the savings interest tax free due to my low…
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Best Investment options for higher amounts?
Later in the year I’m likely to have in excess of £100k savings along with £1k per month and would be interested in knowing what my bests options would be to invest this money. As a bit of background I have used £100k of my end salary pensions 25% tax free allowance to fund the purchase of a new house whilst my existing…
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Retirees -- Day 1 -- Bull or Bear Market...
Two questions for actual retired folks... 1. On the day 1 you retired, was Wall Street / FTSE in a bull or bear market? 2. What was your experience of your pension pot in the (say) 1-10 years after you retired? Most commentators say never retire in a bull market... But curious to hear real-world experiences on it from the…
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Accumulation unit - Switches and CGT
I would like to switch my holding from accumulation and income units. On the Vanguard account there is a switch option, but with further research I understand this is a sell and buy and will trigger a CGT event. I understand that some providers do offer a genuine switch. My question is can I do a partial transfer from a…
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Moving to Vanguard to save on investment fees
I am a novice when it comes to investments so have relied on a financial advisor to date. I have a pot of around £200k split between a stocks and shares ISA and SIPP. Recent review of costs are working out at 2.1% which seems high in comparison to the Vanguard Life Strategy portfolio. I’m inclined to move but obviously…
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Bond funds or ETFs
I am currently doing a bit of house keeping on my portfolio. I have decided I should increase my bond exposure. Currently I have my limited exposure split between Invesco Perpetual Tactical bond, Vanguard Global Agg Bond Acc. (VAGS) and iShares £ Corporate Bond 0-5yr (IS15). I am considering selling the Tactical Bond,…
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AI enabled saving apps
Hi, I think it's great if an app can find out where you can save money and then automatically save some for you as every penny saved helps. However, I am scared to allow an AI enabled app that is monitoring my spending habits and has access to all my money/bank accounts. Am I being overly cautious. The app I am thinking…
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Inflation, Interest Rates, yield curves, instant vs fixed rate savings & gilts
Sharp fall in inflation today to 3.4% & IIUC expected to fall further over the next couple of months as the energy cap reduction takes effect. Despite the slightly hawkish rhetoric from the MPC I think it's unfathomable that they'll keep rates high for much longer. I think they'll cut soon and in at least 0.5% chunks. My…