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If £ 35k in savings is the max. compensation amount guaranteed by the FSA
.....then should someone be worried having double that amount in one account ?
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Determining interest yield from an account
Hi, i'm trying to move some money about my accounts and whilst trying to fit things in the most sensible way, I realised that I'm not 100% sure how to calculate the amount of interest an account will yield for me on my initial deposit. Say I put £3,000 into an account @ 6.5%AER, 6.0% Gross and 5.35% net (random values for…
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How to get into Private Banking
Hi, I'm not sure if this is the right place to post but I was hoping to get some advice/information with regards to forwarding my career. I graduated from university with a degree in Economics 4 years ago & I currently work as a trainee financial advisor with a large bank - they're supporting me through my FPC's and…
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Advice on saving a "small" amount (on a shoestring) - Suggestions Please
Hi there my first post on these forums although i've been a trawler for a few months. Right to the point. I have around £750 sitting in a current account which I would like to save for a few years (no withdrawals). I know it's not much, but I've recently graduated and would rather have a few ££ in a good account and then…
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Isa Transfer
Hi, can anyone tell me if it is possible to transfer money from one persons ISA to another persons ISA without any penalties. baz
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Northern Rock to be Nationalised
Don't know if it's the right forum but the chancelor is to announce today that Northern Rock is to be Nationalised. Does this make it the safest place to keep your money? edit: sorry, just seen it in another part of the forum, please close thread.
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What savings account?
I recently tried to open a HiSave account with ICICI and quite frankly I couldn't have had more things go wrong, they were awful! :mad: In a nutshell they told me that they hadn't received my opening cheque and asked me to send another one. I sent another one, meantime they had banked my first one, and as it had been…
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So if the best rates aren't 'safe' what's the next best?
I have recently sold some property and have a quite sizeable sum to put away somewhere and use the interest for monthly income. I have spent a lot of time here and on other sites checking rates and T&C's etc and was/am quite happy to put a large chunk of it with Icesave (probably in a 1 year bond) despite all the doom and…
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Bonus, Gross & AER - am I making the right decision here
Hi, Just like to confirm if my idea's correct. I have a Halifax Current Account, so 2 savings account interest me due to the speediness of transfers - one is the Sainsbury's Internet Saver (5.75% Gross) and Halifax Web Saver with Cashcard (6.00% Gross until July, 4.75% Gross thereafter, 5.29% AER calculated on Feb 13). In…
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Overseas funds
Overseas funds seem to grossly underperform their country's main stock exchange index. So does anyone know good overseas trackers that have high correlation to their indexes? I would prefer OEICs and UTs.
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Kaupthing And Icesave - If they both wen bust would FSA pay twice?
Thats the question If they both went bust would you get 70K back from the FSA? Are they linked in any way? If you deposit more then 35K then presumably you are only covered up to 35K. Is that correct? Cheers
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What to do with my lump sum?
I have a 5 figure sum (less than £35k) to save/invest. The money was from a sale of the flat that my ex and myself lived in when we were together. I put down the deposit as the money was from inheritance. I am wanting to put it away so I can get some interest as waiting to see what is going to happen with the housing…
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China - have I missed the boat??
Hi All, I started in investing in funds through Hargreaves Lansdowne about 6 months ago. I have been investing £50 a month in the First State Greater China fund. I understand that this is a high risk and thus volatile fund, and also that shares haven't been at their strongest over the past few months, however I was just…
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invesco perpetual high income fund
dear guys a girls, i just opened this fund with 2 hundred pounds, is this a good fund to invest in? thanks for any replies?
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ICICI Bank Took Double the amount they should have
Hi I recently asked ICICI HiSave to take a payment from my linked bank account. But a few days later I was shocked to discover that they had taken out 2 payments of the same amount - and it was quite big. This left me overdrawn in my bank account - but thankfully I haven't been charged by bank or at least not yet. ICICI…
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Lloyds tsb monthly saver- close account
Have recently switched to a FD offset mortgage, so looking to put all my funds in my FD account. Started monthly saver back in May 06, putting in £250 pm, interest was pd May 07. Have transferred the balance from my monthly saver account to my FD account. However have a couple of questions As basically would now like to…
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Advice wanted: Ex Pat with £500k
Hi, We are just about to sell our house in the UK and will hopefully clear about £500k. Also we are about to move to Switzerland for at least 3 years. So: With the FSA limit of £35k for protecting cash (except NR, but they require the saver to be a UK resident, which we wont be!), what are some of your ideas about what to…
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MFM iFunds ETF Commodity Fund sounds good
http://www.h-l.co.uk/fund_research/security_details/sedol/B195JD8.hl This fund seems to be an excellent idea. It has a lot less volatility than JPM Natural Resources and still gives consistent gains.
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pensioner tax free savings
My mother has quite a lot of savings that she dosn't touch. She has some in national savings pensioners bonds for a monthly income, Where would the best place to put the rest of her money for maximum tax free Returns.
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Which online broker do you recommend?
I want to use my full ISA allowance and start putting money into a Mini ISA, other than just putting the £3000 into my Cash ISA. I have been recommended selftrade.co.uk and Hargreaves Landsdown. I would appreciate hearing recommendations from people on here on what is a good choice. I absolutely want to be able to deal…
