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Bank inviting me in for a chat...
Hi, I recently moved a big chunk of my savings to a new bank and put it into fixed term accounts. The new bank have called me, inviting me in for a face to face "financial review", apparently so we can discuss if I am doing the best thing with my money. I immediately assumed it would be for them to try to sell me financial…
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Accumulative interest and ISAs help please.
Okay, I started a first ISA with NS&I last April, if I decide to get an ISA now with Icesave will I lose out in concern to accumulative interest. If I keep my money in the NSI ISA and put another 3,600 will I not get interest on the interest of the interest etc? If I now decide to put my new 3600 alone in Icesave will I…
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Expat savings
:confused: My husband and I are retired living in France. We are using our pensions to live off, but have about £30,000 available for longish term saving (5 years) and £10,000 which could be in an instant acess savings account. Currently they are in Barclays tracker account in England. Exchange rate is abysmal and likely…
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Investment
After we have purchased a house my wife and I (both around 50yrs) shall shortly have approx £230-£240k that we want to invest for an income after selling our business. Haven't got a clue, any advice in simple terms would be most appreciated.
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Investment
After we have purchased a house my wife and I (both around 50yrs) shall shortly have approx £230-£240k that we want to invest for an income after selling our business. Haven't got a clue, any advice in simple terms would be most appreciated.
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Regular Saver but with withdrawals - Help?
Hi, I'm not debtfree at present, and I know I should try and be debtfree before I start savings, however I want to start saving for my two childrens birthdays and christmases, meaning that I will have the money ready rather than scrimping and saving that month (I think its called the piggy bank technique). I'm just not…
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ETF vs index tracker funds
Hi, I'm currently mulling a subscription to a stocks and shares ISA next year. The plan is to keep it simple so a monthly drip-feed into an index tracker via a cheap sharebuilder service is my preferred option for now. However, even with such a clear aim there are still a lot of choices that can be made - either I choose…
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HSBC Transfer limit of £10k
I was trying to transfer some money from HSBC to my Northern Rock Bond and tried to transfer an amount greater than £10k and it wouldn't let me so I called up their telephone banking and they said they could only process transfers up to £10k too, but if I wanted to do more I could go into my branch. I went into my branch…
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Should I accept £25 compensation?
I put £60K in Sainsburys Internet Saver account for a couple of months as a holding account earning interest while I researched a suitable income bond. I requested the account be closed and the money repaid to me on 7th November, however, the money only reached my bank account on 19th November and they had deducted tax…
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Where should I invest
I have about £15000 to invest. It was a deposit for a mortgage but we got turned down due to adverse credit. :cry: It is mostly defaults and lots of late payments. The plan now is to put the money away for 12 - 18 months and clean up our credit rating, we are going to pay off most of our smaller debts and leave about £4000…
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Tesco Internet ac , incorrect interest calcs
Tesco internet account (with 1%) bonus opened on 13th August 2007, has had a large interest payment incorrectly credited Jan 31st. Tesco (RBS) say this only affects accounts opened on 13th August. These accounts were incorrectly manually pulled together with July 13th opened accounts for the 1% bonus to be paid. However…
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MVR - Market Value Reductions
Hi all, Can anyone please give advise on the subject of MVRs applied to my co-operative platinum bonds. Have had the bonds since 1999 but shortly after taking out the bonds the co-op slapped heavy MVRs on the policies if cashed in . The MVRs are reducing year by year but its still a lot of money to lose if i cash them in.…
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Where do I start with stocks/shares ISA
Hi, I would really appreciate any words of wisdom on where to start with a stocks/shares ISA. Our circumstances are as follows: 1. We have an offset mortage (with about 70% of the mortgage value as savings in the offset account) 2. For a few years, we have each been contributing into cash isas and have balances of around…
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I have £3000 to save should I....
I have approx £3000 to save, should I pay this into an isa or pay it into my mortgage I pay 7.2% on my mortgage and i'm sure its daily interest Would I be better paying this into my mortgage or into some sort of ISA? any ideas to gain the best from this money I'm not anticipating wanting to access the money, however it…
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tsb reg. saver
hey folks, i opened an tsb. reg saver 2 year 12% just over a year ago. i was wondering and think i know the answer, but, is the 12% interest paid at the end of the 2nd yr? i was thinking of moving the money into my isa after april, i've maxed this years allowance. i could still fund my isa with other funds, so would i be…
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I know nothing
Im am 22 years old and just inherited some money to the sum of 40k. I was wondering what the hell do you do with a sum of money like that. I don't want to touch it or eat away at it. Is there somewhere where i can put it where it will earn some money. I dont want to buy a house and rent it out. Any suggestions would be…
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Beginner saver seeks simple advice & clarification
I have never in my life saved money. I've mostly stayed out of debt, with a few brief exceptions - student loans and now and then small credit card debts. For the last few months, I've been living in overdraft, but have now almost clawed my way out of that. I'm waiting to hear if Barclays will give me a Platinum card so…
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Nationwide 'aving a laff
I got a letter this morning from Nationwide. It was a letter informing me that they'd like to inform me about offers, but they couldn't because I'd requested not to be contacted with marketing material. That has to take the biscuit....I request no marketing material....and they comply - but instead send me spam asking if…
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Trying to open a Savings account!
A friend of mine is having a real problem trying to open a savings account. She has been informed that unless she can produce a Passport or a Driving Licence, no Bank/BS will open an account for her. She has neither a Passport or DL. Any advice, please. Funny thing is, she has a current acc and a cash isa with a B/S but…
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Neptune Global Equity & Artemis Global Growth
I was just looking at the above two funds because I want to invest in the "global growth" area for long-term and wondered if anyone knows how similar these 2 funds are. I.e. do they both invest in the same sort of areas and are they both a similar level of risk? I would not want to invest in both of them if they are very…
