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RPI climbs to 3.3%
There are regular warnings given on here advising savers to be aware of the comparison between net interest and inflation and the effect of inflation on the value of their savings. It hits home when the new RPI figure is given as 3.3%. For a higher rate taxpayer it must make the NS&I index-linked certificates at RPI +…
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abbey 8% and bond
further to scanning this site I understand that iss it possible to deposit £1000 in an abbey bond (whats is called??) at 5.5%, and I can also have a regular savings account at 8%. None of this info is on the abbey website...or is it does anyone have a link or is it only available in branch or by phone...any advise on…
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If you had £ 30,000..
....for 4 months, how would you invest it ? Investment needs to be secure as it is to be repaid. Are premium bonds an option ?
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Are regular savings accounts that good???
as these accounts tend to pay the highest rates of interest should you open as many as possible and drip feed them from current and normal savings accounts? i've had a halifax one for a couple of years now @7% this year i've also opened a A&L one @8% and more recently a lloydstsb @8% would i gain more interest by feeding…
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Ethical Banking
Other than the Co-op bank, and their internet based Smile, are there any other banks that could be considered ethical? I've come accross the below site, which I've found very useful: http://www.ethiscore.org/home.aspx You have to go to the "detailed scores table", but it gives a pretty good low down of how they judge the…
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where should i invest daughters money
My eleven year old daughter has been left £11k in her grans will. we are letting her have a little of it though want to invest about £6k of it but not sure where to do this for her. We want it put somewhere she cannot touch it until she is 18, any ideas?
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non tax payers savings
We have just sold our house and have £80,000 equity to put somewhere until we decide where we want to buy a holiday home! :-) I do not work so am I right in thinking that if the account was in my name I could fill out an R85 form and get the interest tax free? Anyone know any good savings accounts for such an investment,…
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PAY IT FORWARD A&L Account Holders
Hi I use the freebies board all the time and now is my chance to give something back. I am sending in my A & L new customer voucher on Monday to claim my £50 after seeing the info on this site. I did not have a refferer so therfore the first person who Pm's me their Surname, Firstname and 9 digit account number will go on…
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Should I continue with my endowment?
Apologies if this post crosses across forum boundaries. In 1989 I started a 25yr with profits endowment with Standard Life to cover a mortgage of £32000. The shortfall is £15000. I cannot in all honesty say that I was missold the policy although the original projection I was given was for a payout of about £45000. I took a…
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Best place to bank £10,000
What would be the best place to put £10,000 which I recently inherited? I currently have an ISA which obviously can't take this amount. I also hold aan online savings account with BB.
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childrens investments
I want to invest a regular amount for a great grandchild of mine. Can anybody tell me when I open an accpount for her do I need her birth certificate
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zopa.com
I saw the above discussed in an article on the thisismoney website. It appears to be an exchange that deals with borrowing and lending money in a similar way that betfair deals with betting. Has anyone out there tried this service, or have any constructive thoughts on the matter?
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How much should I have in bank savings at my age?
I'm 25 years old and have been working for 18 months full time, having previously been a student. I know this is a very open and vague question depending on many factors such as my earnings etc, but I really would like to know people's opinion... How much cash should I have in my savings account by the age of 25? I just…
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Advice re lump sum investment please
:confused: Hello, Have sold house (BTL). Will have approx £60,000 to 'invest'. Looked at many options on internet but still :confused: Looking for best interest rate savings account, ISA etc. Do not need Instant Access to money. Husband 59, disabled, non tax payer Me 49, non tax payer after April 2007 when final accounts…
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Alternatives to HYP?
I've been researching HYP and it does seem like a good option. However I'm a bit worried about having 6.5 - 10% of my HYP cash in each individual company. I know they are huge companies and the risk of them going bust is very small, but I think it's still a slight worry. I've filled my ISA quota for this year, and also…
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this saving malarky...
...ok I will try and keep this short. I have a substantial amount of cash (for me) to start saving more efficiently. this is what I have been thinking after reading on here (bear with me!) 1. Inject maximum lump sum into Mini Cash ISA with NSandI. 2. The remainder of my savings in my Barclays Current a/c (shocking I know)…
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ICICI Sort Code?
i am trying to transfer some money from my Nationwide Flex to ICICI but dont know ICICI's sort code. Cant find it on the website. Anyone know it?
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barclays 10% regular saver and basic bank account
I opened a basic account (rejected for other barclays accounts) to access a 10% regular saver. Made it clear at various points that this is why I was doing it. Now I've gone to the trouble of getting my salary paid in first (as advised by call centre), and contacted them to set up the regular saver, they tell me that you…
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Axa 'with profits' Policy
I have an Axa 'With profits' 15 yr policy which I started on 26.1.1 and since reading on this forum about how bad they can be I decided to see how much mine is worth and may think about cashing it in.... I started it with £10 a month and it has gone upto £20 a month now. Anyway I got my Surrender Value yesterday of £690.02…
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Orange Juice & Hurricanes
I was at a Money Seminar last year and one of the speakers referred to a way of making a bob or two that applied virtually every year. And that was 'to take a position in orange juice' (similar to a call option I think) at the beginning of August, just when the hurricane season was due to start. Apparently the hurricanes…
