-
Financial Services Authority
Are a lot of people thinking that because a Bank is regulated by the FSA and that they are covered up to £35,000, that they are going to get there money back the next day. OK i can see that perhaps they will get up to £35,000 back but I bet its a very long draw out process, and if its all the money you have got, I would be…
-
Best way to save for home renovations?
Hiya my lovelies, :wave: We're totally clueless about saving (having never really done it before. :o ) so I thought I'd ask for a little friendly advice. We need to have about £40k worth of structural building repair work done to our house, and soon we're going to be able to start saving £500 a month towards this. What's…
-
£7K in 2003 ISA to invest
Hi, Any help would be appreciated, I recently had an investment I made in a stocks and shares ISA fund in 2003 mature to a value of £10,500 approx. I am planning on spending about £3.5 on a car and wondering what to do with the rest - £7K. My pay has just gone up to £36K and with bonus' will probably mean that I am now a…
-
What are the Banking Institutions?
With 35k of your savings safe under the FSCS per Banking INSTITUTION and not per bank, who exactly are the main institutions and which banks/companies are in each?
-
High interest savings account
Hi all, I wondered if anyone had any advice or recommendations on savings accounts. It doesn't matter if these are online or high street. Its to deposit my savings and my overdraft from my student account into while its interest free. I will thank you if you help :rotfl:
-
new baby, new savings account! help!
hi, we have a 6 week old baby and i want to open a savings account for her. which is the best and safest one at the moment? we already have about £100 for her from family and friends. we will be putting in about £200 per year. which has the best interest rate? :confused: :beer:
-
Invest £10K in Premium Bonds or Halifax 1 yr Term Deposit at 6.5% gross
Hi, I need a bit of advice - I have £10K in a halifax fixed term deposit which is due to expire this month - I already have an ISA - what do you think I should do - do you think it would be wise to invest the full amount in premium bonds or continue with the halifax fixed term deposit at 6.50% gross for 1 year. If I leave…
-
Investment and Savings breakdown
I am trawling for opinions. Currently I have: 27% in investments 18% in ISA investments 19% in ISA cash 28% in cash savings 8% in National Savings This means I have 55% in 'cash savings' and 45% 'invested'. I would like to retire in four years time when I will be 60. I think I am currently a bit heavy on the cash side of…
-
Bradford and Bingley ISA transfers out
Hello all, I have a bit of a gripe about Bradford and Bingley someone here might be able to help with. I have 2 years worth of cash ISA with them which is currently on an apparent constantly reducing interest rate. I have another ISA account with Hargreaves Lansdown which has the remainder of my ISA allowances in for the…
-
Can i Buy OTC Stocks using Hoodless Brennan
I am totally new to shares and stocks I have opened up an online trading account with HB I was thinking of buying some shares in a stock that trades on the Over the Counter Bulletin Board (OTCBB) but when i go into Dealing in the online Hoodless Brennan gui it only allows me to search for Company Name or EPIC code. I tried…
-
Can anyone recommend IFA in Worcestershire?
Hi Can anyone recommend an independent financial advisor in Worcestershire (preferably in Pershore/Evesham area)? I have used 3 advisors in the last 19 years. The first one was great but went bankrupt! The other two insisted that they had to see my in my own home and then stayed for hours! I would really appreciate any…
-
Transfering money from my post office account to Kaupthing
Hi guys, I have been putting money into my Post Office Account for over a year now and I have been watching Kaupthing quite closely. After reading the reviews on the forums, I think Im going to take a plunge and use them. What is the best way to close my Post office account and transfer the money to Kaupthing? Jon
-
No tax payable?
SIL had a long interview with a major High Street bank yesterday - she was seeking advice on how best to invest £150k so as to make income. I wasn't in on the interview but gather the advice was to let them distribute and manage the money (for a %) and they'd guarantee 5% (but hoped to make 7%). The thing that worries me…
-
ING Websaver
Does anyone know the current IR of ING's websaver (not the ING Direct 4.75%). As th websaver seems to be an account offered to only a few existing ING Direct customers, they seem to be not advertising the rate on their website.
-
Complaints procedure and Ombudsman
I have an outstanding complaint with a bank that was finally passed onto their customer service/complaints department a couple of weeks ago, and I haven't heard anything since. What's the timescale before you can instigate a complaint with the FOS and is it worth mentioning this to the bank to chivvy them up?
-
Savings for Children - Any advice
I make regular (albeit small) payments for my children into accounts in their names. These are standard bank accounts. They are very young, so won't benefit from it for a while, but I wondered whether anyone else adopts a similar approach, or whether there is a better approach to providing something for them when they are…
-
drip feeding accounts/fast transfer scheme...
hi i have my wage paid into a barclays current account. as soon as iam paid, i take all the money and drop it into the online barclys e-saver (just the click of a button and its instant) however, with the introduction of this new 'fast transfer' scheme i would like to be able to lump my pay into the halifax high interest…
-
Best branch operated savings account?
Is there any high street account out there currently offering a good rate of interest? Any suggestions?
-
Newbie buying shares: Within ISA or not?
Hello. I have an ISA account with interactive investor into which I'm making a regular investment into two funds. I would now like to buy some individual shares too (risky I know in the current climate!) but I dont know whether to buy them as part of my ISA or as a separate iii account. My uncertainty is if i wanted to buy…
-
Birmingham Midshires e-Saver Issue 2 - BEWARE
Birmingham Midshires' 6.5% e-Saver has been replaced by e-Saver Issue 2. Unlike the e-Saver I opened a few weeks ago, Issue 2 only has a monthly interest option: gross 6.32%, AER 6.51%. Everyone looks at the AER* and 6.5% looks great. AER illustrates what the interest rate would be if interest was paid and compounded once…
