-
Alliance & Leicester - Direct Saver
I want to open another can of worms regarding this account. Below is an extract from A&L's terms and conditions regarding it. I read this to be saying that there will be no interest paid on any amount between £1 to £5000, regardless of the fact that the balance may be in excess of £5k. Note the placement of the word…
-
Advice on Offshore Bank Accounts please
Hi there,hope you can give me a bit of advice regarding offshore bank accounts. My mother was recently widowed leaving her with an offshore bank account of 120k. My father worked abroad most of his life and thus everything he had was earned and taxed abroad. Is there any benefit for my mum to keep the offshore bank…
-
How to invest 70k lump sum for 2-3 months only
I've just sold my house and am staying with friends for a few months while I look for and buy a new house. I've got 70k from the sale of the house that I want to put somewhere where it will gain lots of interest, but I expect to need it back within 2-3 months time. I'll need to be able to get access with a maximum notice…
-
Maths Required Please !!
Can someone tell me the interest I will recieve on my Halifax Regular Saver. Currently 12 months, £250pm at 7% ?? I am rubbish at maths..
-
ICICI HiSave Term Deposit
I got an email this morning telling me about this, did anyone else get it? I was wondering if anyone could find the T&Cs to it on the ICICI website? I want to know if its monthly income, or if the interest is paid after the 6 months? ****************************************************** Dear HiSAVER, This festive season,…
-
NEW ICICI 5.85% Savings Product
Have just received an E-mail from ICICI advising of this 6 month term fixed deposit for current ICICI HiSave account holders. Read on :- Looks if it would be worth moving some money over, however with a possible base rate increase due next month (and possibly further increases within the 6 months) it may not seem as…
-
Managed Funds - can I put them in an ISA? And more questions....
:confused: Hi, I was just wondering if anybody could help me, I am a little bit bamboozled after looking through loads of these threads and Martin's articles. I inherited approx £30K in cash and some investments when I was 21 (I'm 25 now) and had to deal with sorting it on my own (which was tricky at times!). My Granda…
-
Endowment into savings for kids
I recently cashed in an endowment policy which was taken out for my son (aim to cover school, university etc.) and have £17,000 which he will need access to in a couple of years time. What is the best way to save this? Are ISA's a good idea? Are there likely to be any complications with this? He currently has £10000…
-
A question about my A&L Premiere Reg Saver
My Regular saver matured yesterday and this morning, as expected, the whole lot was transfered into my Premier Direct account. On my online summary it reads that my Regular Saver is now 'unavailable'. Now i am wondering what this means. Does it mean they have closed the saver down, or does it just mean that theres no money…
-
Best way to invest £250k
for a monthly income please! I need some ideas for my pensioner parents who will rent a property long term with a rental price of approx 12k a year. Would like to cover this rental amount with the interest payments on the lump sum investment if possible and a little left over for hols etc. Dads pension is 25k a year plus…
-
If you die is interest on your debts suspended?
I ask this question, mainly because the grandmother to my children died some time ago, leaving money to my children. At the time of her death I was informed that all interest she may receive on her bank accounts would be stopped because a bank cannot pay interest to someone who does not exist… or something of that nature.…
-
which funds to invest in
Here is a run of the investments that i have and values Clerical Medical Ftse 100 Tracker £3850.00 International Managed £13150.00 Halifax Cash Isa £5950.00 Halifax Web Saver £1200.00 Ice Save £1850.00 Halifax Cash Isa Wifes £9500.00 she works I also have a One Account Mortgage in which i have the money sitting that covers…
-
Isa Or Savings Account
Hi I have a small amount of money to invest and i have read on this site that ISA's are the best way to save, however i have noticed that Lloyds offer 8% over 2 years and the ISA's are usually around 5%. So if you were investing £3000 is it best to take out an ISA or put the money in Lloyds for 2 years ? I understand ISA's…
-
Hallifax Regular Saver.
Hi, I wanted to open this Child Regular Saver at hallifax at 10% intrest What I thought Every month I put 100 following will work 1. 100 2. 100 + 100 (Next Installment) + 10 (Intrest on first month) 3. 100 + 100 +100 + 10 + 21 (Intrest on balance at end of moth two) 4. 100 X 4 + 10 + 21 + 33.1 (Intrest on month three end…
-
LloydsTSB SavetheChange
This is a new Lloydstsb scheme starting in February to encourage savings. If you have an LTSB visa debit card, then each time you use it, the payment will be rounded up to the nearest pound and the difference paid into an LTSB savings account (doesn't have to be your own, you could pay into a non-taxpayers savings account)…
-
Income and Accumulation Units
What are the advantages/disadvantages of investing in an income fund as opposed to an accumulation fund ? Thanks
-
How to Find Out Fund Charges?
Hi, I've got an investment in a FTSE 100 index tracking fund (in an ISA) which I want to switch to another provider as I think my current one (Abbey) are too expensive. However I'm having problems figuring out what various fund managers really charge which can be wildly different. I'm looking for a simple question I can…
-
*****Lottery Winner ??*****
im interested in winning Lottery ticket buyers , or not as the case may be , please post your winnings and how many tickets you buy as well as length of time you've been buying them , i have a theory that high numbers win larger prizes, id prefer not to make this a discussion area of that arguement but i would be…
-
Most efficient savings
Hi, i'm a regular reader of the forums, but a new member, and would like peoples opinions on the following. After all bills (which I have minimised thanks to this website!), I have around £900 pcm to save. I currently save £250 to a cash ISA, £200 to a good stocks and shares ISA, £150 into a high interest savings account…
-
Large amount to save - but where do i keep it?
Hello, I have also posted this in the "house purchasing" forum, so I hope you don't mind me repeating myself - you all seems so sussed with your money, that the more advice I get the better!? Thanks! I bought my house without a mortgage a couple of years ago - after successfully renovating a couple of properties, which I…
