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Best Savings Account for Charity
I run a nationally registered charity. Our savings account with HSBC has just gone to 0.05% interest. There is over £30,000 in that account. There MUST be a better way. Any suggestions would be most gratefully received. I know these are difficult times .... but please .... Even if the base rate falls to 2.5% that is…
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Bad advice?
My sister-in-law, who is even less finance-savvy than I, was advised to invest £10 000 in a RBS stocks & shares ISA by the bank's FA. She is a 70-year-old with meager funds. Even less now since her investment is now worth just over £5 000. The bank approached her with an offer to manage her saving to maximise benefit. As…
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Merging Building Societies - compensation limits
The Telegraph reports today that savers with accounts at two merging byuilding societies will retain the statutory £50,000 protection for both sets of deposits under new rules introduced by the FSA. This will affect savers with Yorkshire BS & Barnsley BS who are merging, as well as Nationwide.Cheshire & Derbyshire.…
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Years of depressed pricing ahead for commodity stocks – Blackrock
http://www.mineweb.com/mineweb/view/mineweb/en/page43?oid=73730&sn=Detail Quite a worrying report for the Commodity Bulls, especially as it comes from the managers of the Blackrock World Mining Fund.
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A&L esaver down 1.24%
Alliance & Leicester variable rates will reduce by up to 1.75% and various term and conditions will be amended w.e.f. 1.12.08. INSTANT ACCESS: £1 - 0.00%, £100 - 0.25% (-0.05%). EASYSAVER (-1.50%): £1 - 0.25%, £10K - 0.35%, £50K - 0.70%. DIRECTSAVER: £1K - 2.92% (-1.70%), £50K - 3.12% (new tier). ONLINE TRACKER: 4.75%…
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halifax web saver reward account!?
Hi all, I opened a web saver fixed reward account on the 18th nov and deposited £60 in there. I noticed in my control panel that it was showing as variable (its meant to be 5% fixed for 12 months) and there was no mention of 'reward'. After sending them an email and getting a reply that bore no relation to my question, I…
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ICEsave money - the onward journey
Interestingly, on trying to move my ICE money out of my linked account – my current with Lloyds – into two other savings account, I’ve been told it won’t be moved yet and that I can expect to be contacted by their Payment Verification Team. Now, I’m perfectly happy for this to happen but it does seem a bit daft. After all,…
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Icesave linked account closed
Just received 2nd Icesave email for wifes ISA. Her linked account is no longer open - in fact the account Icesave wants me to transfer to was one I have NEVER given Icesave - it was closed long before I opened her ISA. I opened her ISA direct from our joint Icesave easy access account. Also the 2nd email she received was…
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Seperate FSCS licence(s) for LTSB/HBOS?
Forgive me if this is answered elsewhere - but, does anyone know of any substantive statement by LTSB, HBOS or HMG about whether the merged LTSB/HBOS will have single or multiple FCSC licences? I'm sure that many people with accounts with both will want to know whether their investments will be subject to a new, joint 50k…
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cash ISA, does the tax man look into it if you are self emlployed?
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Can i have a new ISA this year after loosing my ICESAVE account?
Can i have a new ISA this year after loosing my ICESAVE account? If so what can i put into my new ISA?
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Building society savers to get extra protection after mergers
Enhanced protection for Building Societies that merge yet keep separate brands eg Nationwide, Derbyshire, Cheshire. This means that existing individual customers of the three societies could have protection for a total of £150,000 – with £50,000 invested in each of the societies. For further details see Daily Telegraph…
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Can anyone help?
Hi there ive just got my 2nd icesave email and i have 1 easy access account and 2 fixed, i log on and by the account it say initiate but theres no box to tick for if i want to leave it to mature. Do i have to initiate anyhow or if i do this will it just go through now? :confused:
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£30,000 Investment Challenge - Can you beat it?
Hi All, A Simple Challenge... Whats the best way to invest £30,000 for a year in todays economic climate without risk? KISS (Keep it simple, stupid) applies... a maximum of four accounts paying tax at the basic rate. The best I can reckon that can be done is:* £3,600 in the obligitory Cash ISA. Scottish Widdows E-Cash ISA…
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Saving account Vs ISA
Hi All, I'm a bit confused to where I should be putting my savings with all this interest rate changes, I was wondering if anyone can help! I recently opened 2 accounts with egg after Martin recommended them: 1) Regular saver - which is 6.3% gross/AER fixed for a year. The net figure for this is 5.04%. 2) Cash ISA - it was…
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Time to buy a house??
I have around 100,000k sitting in crappy NS&I accounts and bonds (Have to be tax free due to tax credits). I did plan to Buy to Let a cheap house, but put this on hold at the beginning of the year. Due to crappy rates, I had a look in a estate agent window this morning and was surprised at how much my target houses have…
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Good News on BS Mergers
Merging BS are not going to mean that people will break the £50K limit. http://www.citywire.co.uk/personal/-/news/markets-companies-and-funds/content.aspx?ID=322349&re=4268&ea=83519
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Natwest International 'EcoGrowth' investments
This is my first post to the forum but reading some of the earlier post makes me think I will get some good advice here... Wanted to find out if it is wise to invest in Natwest's Ecogrowth investment. This is a plan in which the deposit will be placed into a 4 year account with returns(after 4 years) based on the…
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Natwest International 'EcoGrowth' investments
This is my first post to the forum but reading some of the earlier post makes me think I will get some good advice here... Wanted to find out if it is wise to invest in Natwest's Ecogrowth investment. This is a plan in which the deposit will be placed into a 4 year account with returns(after 4 years) based on the…
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Lost interest on ISA transfer.
I recently changed my ISA provider. I had a letter from my original provider to say that it was transfered on the 29thOoctober. It was credited to my new account with my other provider on 14th December. That's 16 days lost interest. I rang my new provider and was told that they received it on the 12th November. I6 days is…
