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MSE News: Savers abandon cash ISAs in wake of new tax rules
The amount of new money saved in cash ISAs has dropped by a third in the past year...Read the full story: 'Savers abandon cash ISAs in wake of new tax rules' Click reply below to discuss. If you haven’t already, join the forum to reply.
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Transferring LISA
Hi, I have a H2B isa with halifax and have been paying in 200pcm since they started. I also opened a LISA with nutmeg in April (£100) to get the clock started. It was suggested that it would be better to transfer the nutmeg LISA into a cash LISA (Skipton) so the value of cash in the account cannot go down like it can with…
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investing lump sum retirement funds
I wonder if you knowledgeable folks could cast your eyes over this and offer your thoughts? As of today, OH and I are now receiving our FS pensions and have decisions to make regarding what to do with our lump sums. We have a fair amount of cash in a variety of high interest current accounts drip feeding into high interest…
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Transfering a flexible ISA
I have a flexible ISA with Yorkshire Bank. I want to transfer part of it to another ISA provider and use some of it to buy a bond with a view to replacing the 'bond' money back into the ISA at the end of Tax year. If I want to transfer part of that ISA does all the balance have to be in place or can just the amount that I…
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Reinvesting in old ISA
A simple question but it is difficult to find the answer for it on-line despite 100s of pages of ISA related pages. I know you can have multiple ISA accounts open, but only open one new one and contribute that one. My question is can I add money to an old ISA account I opened previously. Do I need to do something, perform…
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Nationwide Fixed rate ISA maturing
My wife and I both have Fixed rate ISAs with Nationwide. These are about to mature. We have the option to reinvest in either Loyalty fixed rate ISAs, or Instant ISA savers. If we do nothing they will mature into Fixed Term ISA Maturity accounts. We could close the accounts on maturity. (Each ISA is worth £6078) We don't…
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Recent problems with iWeb shares ISA
I had been using the iWeb shares ISA without any problems for a couple of years, but recently I have had problems with stop-losses behaving erratically. On the 17th. August they activated a stop-loss for a share which I had set to activate at 915 (915.325 to be exact), but every financial website including their website…
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ISA transfer question
Sorry folks, A quick question which i'm sure has been asked a million times already but for the sake of clarity.. Can a matured ISA be added onto the current year's allowance? Sorry once again and thank you :D
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Have help to buy ISA, but possible relocation abroad
I've been putting money in to a help to buy ISA for just over a year, with the intention of getting on to the property ladder. My employer has offered me the opportunity to relocate from London to Frankfurt - as you can probably guess, the idea is being sold as a "fantastic opportunity" that will "avoid Brexit". If I was…
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Reasons for and against ETs?
I have kind of fallen out with OEIC/funds a while back and cashed them all in. I have a mix of shares and cash. My plan is to slowly de-risk by shifting toward buying into ETs. Im wondering though if there are any reasons not to buy ETs? I'm also looking for suggestions of ETs that aim to provide steady income and growth…
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Fixed Rate ISA.
Hello I have had an ISA account for a number of years. The other day I popped into the bank and was told my ISA was on a very low interest rate, thus should update it, which I did online. I had the option of the Fixed rate ISA for 2 years or another one which I can't remember but had lower interest rate. I did opt for the…
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Claiming tax back - keep ISA/HTB?
Hi all, i will be very soon emigrating for a minimum of 12 months so as its half way through a tax year would like to claim my tax back but just worried if i do this manually there may problems with me keeping my HTB ISA, LISA etc? would i still get tax free status on my savings too? thanks!
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LIsa - top up for retirement?
Hi, I'm a high-rate tax payer and have only recently started to think more seriously about pension. I've been contributing to my company pension and due to the tapered allowance I can only contribute 10k a year now. I also opened up a SIPP last year to use up any unused allowance from the previous 3 years. I was going to…
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Considering a Lifetime ISA: cash or stocks and shares?
Hi, I am pretty set on getting a lifetime ISA. A 25% top-up seems like by far the best risk-free return you will get from investing money today. I would like to open it as soon as possible however I'm stuck on whether I should open the cash LISA with Skipton or if I should go for a stocks and shares one. I'm keen to go for…
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Adding to recently transferred ISA
A couple of days ago I applied to have an ISA (which matures as of today) into a higher rate account fixed over 3 years. The ISA is worth £17000 Within the next few days or weeks I will have another £17000 available and would like to pay this in to the same ISA. It's a long story but it would be easier than opening a new…
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Child trust fund to ISA, is it worth it?
I've just had a letter through today saying that I can transfer my daughters trust fund into a junior isa, she only has 4 years and 1 month left of the child trust fund before the money becomes hers. Currently she is on a shares trust fund and we have stopped paying Into it as she gets pocket money instead. The way it's…
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Recommendations on switching from Child Trust Fund to Junior ISA?
At the moment my children have Child Trust Funds opened by the Government when they were born. They are both HSBC stocks and shares ones. Family members add about £1,500 to each every year. They have done quite well, however, I am thinking of converting them into Junior ISA's which I understand have the same tax advantages…
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Tesco ISA transfer problem
Hi My wife has an old fixed rate Tesco ISA that transferred to a 0.5% interest instant access. I see their new Instant Access is paying 1.01% I couldn't see how to transfer the old balance to the new higher rate account online so posted on their Twitter feed? We were advised to open a new Instant Access ISA. So tried this…
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Investing in an ISA - is this allowed?
Hi all I currently have past-year ISAs within a Vanguard account and a Hargreaves account. Id also like to invest in a P2P platform within an ISA allowance (IFISA) such as https://www.fundingsecure.com/invest-with-us/ifisa Im looking to start investing this year's ISA allowance. Am I allowed contribute money in my…
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Skipton Online Cash Lifetime ISA
Hi all, I have opened the Skipton Online Cash Lifetime ISA to help me buy a house. I know that the bonus is paid at the end of this tax year for this year (and then afterwards it will be paid monthly) but because the interest late is so very low on this account my plan is (and I want to make sure I have understood this…