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life changing money
My husband had a works injury a year ago where he lost 3 toes. He has now been awarded (told) the compensation he will receive.£110,000 - Payment 1 £75,000 - payment 2 (4 months later) My plans are it is enough to pay off all the debts £20,000, then buy a house outright or with a small mortgage dependant on the house. My…
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What to do with spread of investments?
Hi, Seen a couple of questions here about investing, so thought I'd get some advice. I'm wondering what is the best way of investing my savings. I don't have any property or mortgage, & much of what I earn is spent on rent & bills. Cash ISA (Interest: 2.5%) : 22k (80% of total) Stocks & Shares ISA: 2.5k (9% of total)…
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Parish Council Saving Account??
Can anyone advise of a "safe" bank account with decent/good interest for a Parish Council (or Charity) to invest their savings.
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Question of the Week: What's the difference between APR and AER?
Q. What's the difference between APR and AER? A. Quite simply, APR is the official measure used for debt, AER is the same for savings. The Annual Percentage Rate (APR) is the overall cost of the debt over a year, including any associated fees. The Annual Equivalent Rate (AER) shows you the interest you'd earn if you put…
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Possible £20k lump sum - what do I do???
Hi all, I am in a situation which I wasn't prepared for, the sudden loss of my husband. I have been offered a pension by a company he worked for a long time ago and I have posted a query in the pensions forum. I have asked the pension provider the questions I was asked by ffacoffipawb. Now if I do take the lump sum (£20k,…
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FSCS Increase to £100k
Hi I keep hearing rumours that the FSCS may increase the limit of guaranteed savings to £100k shortly and that there are proposals for all savings to be protected by 2011. I am struggling to find anything to back this up. Can anybody shed any light? I have £162,000 worth of funds. (Not my money, a small business I work…
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Help with a investment.
Hi, I was wondering if anyone could give me a little advice. We are currently going through my grandfather in laws finances as we have been granted a lpa all with his blessing. In his paperwork weve found 2 investments which have both lost money over the last year. One is a with profits fund with wesleyan which just over a…
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Direct debit on ING savings account...
I work in savings, and have, inspired by my job, considered beginning saving for the first time in my life. Looked at the ING direct a/c, and it seems pretty ok. But I was concerned when the girl on the phone said that they would set up a dierect debit. I said I would do a standing order, and she said that they use the DD…
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Savings advice needed - Would these be a good choice?
I have £2000 to save and was thinking of putting it in a 5 Year Fixed Rate Savings Bond with Barclays = Balances £500+ 5.25% AER (5.13% gross p.a.) http://www.personal.barclays.co.uk/BRC1/jsp/brccontrol?task=homefreegroup&value=12252&target=_self&site=pfs Also I am looking to open a monthly savings account saving £50 a…
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A&L or ING?
I'm currently trying to decide between a&l and ING for a savings account however I'm a bit confused. Is the ING 3.16% gross alot better than the a&l 3.15%? the reason I'm thinking it would be better to have a savings account with a&l is because i'm thinking about opening a current account with them however i'm a bit unsure…
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Cheltenham and Gloucester 1yr fixed at 3.50%. Any bad experience??
Cheltenham and Gloucester 1yr fixed Bond issue 49 at 3.50%. http://www.cheltglos.co.uk/savings/fixed-rate-bonds/issue49.html Hey guys, I saw this and thought about applying. The issue is a couple of months old but I couldn't find any old threads relating to it. Just wondering if anyone has any bad experiences or…
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ISAs - do you need them?
It has occurred to me recently that many people must be buying cash ISAs because their pals have them so they think it is a good thing to have. However, I feel sure that a lot of the older people who do buy them do not have the annual income to make them worthwhile for the tax advantage.This year a person age 65-74 can…
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Citywire Website
Hi all, I've started my investment ISA and I've been having a look on the internet at various sites and a colleague pointed out Citywire.co.uk, which looks full of information. Just a quick question though, what do the various parts to the Risk column mean: Maximum Drawdown, Standard Deviation and Sharpe ratio? Also, what…
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What stock would you have punt on ?
Just a bit of fun here, but I think the current Bull run is going to last until early / mid 2010, so if you had a Hypothetical 5 thousand or more to invest for instance in a particular stock or maybee even a tracker, which one would you plum for right now ? :confused:
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IFA or use H-L?
I have spoken with the IFA that organises my pension through work. I have around £6k to invest and thought I might put some into my pension to improve my retirement income. He proposed that whilst putting some into the pension would be a good idea he also suggested using stocks/shares ISA allowance as a better way of…
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Commercial Property ISA
I was thinking of investing in NEw Star Property Unit Trust. Can anyone recommend a similar fund? Thanks
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Enforcing Financial Ombudsmans Decisions
Has anyone had to do this. I have a decision to enforce as a money award but wondered if anyone has had any experience of doing so, whether that was successful, whether there are any pitfalls and of the costs involved.
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Has anyone used Internaxx?
I found the service I need advertised on the XE site, but I don't know if they are any good, nor if their commission fees are reasonable. I wanted to invest in Fidelity, in a European 'special situations' fund offered by the Luxembourg office. However, they cannot accept customers who are not in Luxembourg, so I was stuck…
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Best source of free info?
I'm just starting out, and trying to pull together an Excel summary of the companies in the FT350 - capitalisation, sector, latest price, P/E, yield that kind of thing. Is there anywhere online that lists all of them together that I could download from or do I have to draw it from individual pages? Thank you! :D
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Cheque made out to children
Hi all My children (8 & 2) have been given a cheque from a family member in their own names, will my bank cash this as none of them have a bank account. I plan on putting most of it into a savings account for them but we are going to use some of the money on each of them. TIA :o
