Savings & investments

Discussion List

• Children's Savings

  Hi, I wonder can anybody help me. My mum and dad want to give my two children (age 7 and 3) £3,000 pounds for when they are older, but my mum said she would like to put some sort of clause on the money so that they have to go through myself and my husband before they spend the money. Does anyone know if it is possible and…

• Gold Tops $1,200 in New York as Dollar Declines; Silver Surges

  Dec. 1 (Bloomberg) -- Gold jumped to a record above $1,200 an ounce in New York as the slumping dollar spurred investor demand for an inflation hedge. Silver rose to a 16-month high. Gold climbed as the U.S. Dollar Index fell after China’s manufacturing grew at the fastest pace in five years. The Reuters/Jefferies CRB…

• SBI fixed deposit -help please

  I opened a fixed deposit account with State Bank of India, UK banch, in 2008 and it was automatically renewed this year. I need to withdraw money urgently, but the bank says early withdrawls are not allowed. Is that legally allowed? I really need the money and now and cannot wait another 9 months. Is there anything I can…

• Melton Mowbray best fixed one year rate?

  https://www.emoneyfacts.co.uk/news/savings-news.aspx?newsarticleid=191212 Just signed up,bet it won't be around too long. 4% is good for just over a year. http://www.mmbs.co.uk/index.cfm?param=savings/details.cfm&id=137&navid=54

• Halifax are offering 3 iphones in savings competition

  Guys, if you are looking for a savings account with the halifax or not, open the account online as you enter a draw for one of three iPhones... Here is the link: http://www.halifax.co.uk/savings/Dec09-iPhone-promo.asp

• investing in octopus

  Hello im new to investing and a ifa has advised me to invest £75k in a octopus investments portfolio manager, moderate capital growth, involving using an ISA wrapper, ive got a meeting soon to discuss it, but I cant find much about them on the web, i'm prepared to tie the money up for 5 or so years, and not take any out,…

• is it just me?

  Is there anyone else out there who seems to find that as soon as they open a 'best offer' account it is no longer the best? I opened an IF ISA about 2 months ago which I have now filled but it is now no longer even listed as a best buy and there are better available, i think I get 2.5% on it. I also just opened a citibank…

• Anglo Irish Bank 1 year Bonds - interest paid for 363 instead of 365 days advertised

  My one year bonds have just matured and bank have paid interest for 363 instead of 365 days. They say they needed 2 days to clear my cheque. I replied that they had had my cheque for over a week before they opened my bonds and that the 365 day period should have run from date they received cleared funds. I am not certain…

• Abbey loophole: 5% interest on up to £50k savings (near instant access)! (Under 35s)

  I notice that the following account pays 5% interest, but you can only pay in £5000 to start and £300 per month. http://www.abbey.com/csgs/Satellite?appID=abbey.internet.Abbeycom&canal=CABBEYCOM&cid=1210611105334&empr=Abbeycom&leng=en_GB&pagename=Abbeycom%2FPage%2FWC_ACOM_TemplateB2 Save – Make an initial deposit of…

• Parent Companies

  I used to have a link to a finance site ( prob something to do with FSA ) that listed banks and societies information. It listed credit ratings and parent companies of banks / societies. Can anyone provide me with such a link ? Thank you very much in anticipation.

• Transfering to ISA wrapper

  Do you have to sell unit trust investments & then repurchase to move to an ISA wrapper?

• Income from house sale

  We have sold our house and do not wish to re purchase for about 1 year. Can anybody recommend 5 monthly income bonds/accounts for that 1 year. I would put 50k in each to protect the cash. Need something to live on ! Thanks

• Overpay mortgage or keep in savings ?

  Hi I'm a (relatively) high earner and pay higher tax rate. I have a Smile savings account (miserable 0.25 %) and am just transferring my ISA to the Northern Rock 3.5% account (thanks to this site !!). My Britannia tracker is at 0.9%. I have (since taking this mortage out in April 2008) been overpaying fairly regularly -…

• UK govt deb downgrade and national savings

  Hi, I was wondering whether anyone knows what the implications would be if you have put money into 100% guaranteed places like Northern Rock or National Savings and then the UK debt rating is downgraded to below AAA - does this mean they will no longer be 100% guaranteed? Thanks! Kiri

• Lloyds incentive saver gross is this right?

  Say i have £10,000 in Lloyds incentive saver account which is 2.40% net and is paid monthly. Would i get £24 a month interest? Sorry meant to say net in headline.

• ZOPA down?

  Is ZOPA website working this morning (1 Dec 2009)? I keep getting a page unavailable message:confused:

• Best rate for £10k

  I have just had a bond mature today and need to put it into something else. I am trying to stick to my existing banks - halifax is one of them and they have a guaranteed reserve account for 3 years with AER rates of 4.5% annual and 4.59% monthly. Am I right to conclude the 4.5% is the better option - annual interest.?…