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HBOS Preference Shares - what to do with them
Hi, the executors of my late mothers estate have a share portfolio which due to the current market conditions is not being sold. The beneficiarys have all agreed to leave as is hoping the value will return in time to the probate value. Some of these shares are Preference Shares with HBOS. What is the difference between…
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Icesave tax on interest
Hi, Does anyone know were I can find a chronological list or graph of icesave savings rates for 2007/2008. I need to calculate interest received and tax deducted. I've lost the tax certficate from icesave.Have emailed them asking for a replacement but I'm not holding my breath. I need the info for my tax return - thank you…
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From The Times: SOS - save our savers, unfairly punished
Not a whole lot we don't already know, but interesting nonetheless: http://www.timesonline.co.uk/tol/comment/columnists/william_rees_mogg/article5586596.ece My personal opinion: Gov should be trying reduce this huge debt mountain, not encourage more of the same. Buying bad debts from banks does not remove those debts, but…
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Cost of transferring shares to partner
Hi, I was hoping that somebody could give me some advice. My Father-in-law owned 28 shares in National Grid and 33 shares in Centrica. He passed away last year and my wife rang both companies to inform them. she asked if they could be transferred into his wifes name as everything was left to her in his will, they stated…
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Post Office /Bank of Ireland
Make you laugh wouldnt it. The big writing on the front of the PO leaflet for their 1yr 7.01% bond boasted NO SURPRISES. JUST A GUARANTEED RATE AND A FIXED RETURN. Then they go and make a surprise announcement last week that effectively undermines the security we had when we took the bond out. Im fuming. This is the…
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Buying Shares Now? Good or Bad?
hi, i'm thinking of investing around £500-1000 in shares, i've spoken to a few people, some say it's a good time to buy, some say it's the worst time to buy. i'm only looking to buy shares in RBS or HBOS. RBS is just over 10p at the moment, the government won't let it collapse, am i right in thinking if the government take…
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GBP exchanged to AUD... Help please
Hello I'm emigrating to Australia in 4 weeks, and have 10,000 GBP to transfer/save for future property in 1-2 yrs time (depending on what happens to property market in OZ). The exchanged rates as we all know are poor at the moment. The difference between exchanging now and in Oct last year is a 30K loss. I am thinking I…
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advice please
i would like some advise please, my mum has got £102,000 coming to her through a sale of a house and need to know whats best way to save it.
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How do I buy 5 ETFs cheaply each month
Ladies and Gents, I wish to buy 5 ETFs each month as a way of building an investment portfolio and at the same time hopefully leave something to my children in the future. Can anybody give me any advice as to how to do this cheaply ? Any ideas will be gratefully received. Thanks
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NU With Profits Bond
I invested £100,000 (enhanced to £108,000 by rebate of initial FA commission) in a NU with profits bonds in 2002, payment out £7,500 pa. I considered cashing it in when the MVR was removed in 2008, however I held it as I expected to gain from the re-attribution. As with most (if not all?) investments in stock market it has…
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Putting savings in mum's name
Hi, I have just sold my flat and have £70,000 in my account (decided to rent!) To maximise interest on my balance i want to open a high interest account in my mums name (non- tax payer) and put money under her name. What are the pros/cons here? Are there any legal issues in doing this? Also - can anyone suggest good…
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Icesave Tax Treatment question
Hi folks Hope you can help, I have a question about the tax treatment of former Icesave accounts. When I last had access to my 2yr fixed term account online I recall that some interim interest had been added (round about October I think), even though it wouldn't normally have been due until the anniversary in January. I…
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Need help on what to do
My daughter who is 11 has just recived Compensation what would be the best for me 2 do i was going 2 put it in a bank till shes 18
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Looking to move all money from Nationwide accounts, including ISA.
Long title, sorry about that. I've been with Nationwide for some time now, probably since I was a kid, I did have a halifax current account at one time or another, but I got everything in Nationwide now, been reasonably happy until the current times! I have some money in an ISA, which the interest rate is 1.75% which is…
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***Premium Bonds - Good value? ***
The Premium Bonds prize fund is currently worth 1.8%. With December's prizes of £57.9 million the total 'invested' must be close to around £3,217 million. For February and March the prize fund will be held at 1.8% and in April, a £25 prize is expected to be introduced. With interest rates falling like stones, are Premium…
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I'm hearing alot about corporate bonds lately.
I don't know whether or not its a red herring but alot of IFA's and market analysts are talking about corporate bonds having a good yield and that now is the time to get into them. Can anyone shed any light on this and if so, how does one go about buying corporate bonds?
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Post Office's Ireland shock for savers
Financial Mail "The Post Office has written to 500,000 account holders telling them their money is no longer covered by the UK savings protection scheme..... .....Ireland eventually promised to protect deposits without limit up to September 30, 2010. This protection extended to UK customers saving with Irish banks. The…
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ICESAVE tax certificates
Quick question... How do I go about getting tax certificates in said defunct bank?
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Bring back the "PIGGY BANK" campaign.
Please see below, a copy of the letter I have just sent to Nationwide, and I urge people to help and support this. It would be fantastic if we could ALL get on to our various savings institutions and get the childrens piggy bank re-instated.:T It taught me to save from an early age, and it's re-introduction as a savings…
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Job cuts and huge profits
Hi Guys, I was just reading a new story about Microsoft cutting 5000 jobs. Given that I have an interest in software I thought I'd go and read MS's annual report. It says that MS made $14 billion last year in pure profit. Apparently it was the most profit the company had ever made - and that's saying something. The thing…
