-
BEWARE! Northern Rock top rates
Northern Rock, the government-backed bank, is luring savers into discredited with-profits bonds through a tie-up with Legal & General, the insurer. The bank is offering a one-year fixed-rate savings account paying a table-topping 5%, but only if you invest at least £5,000 in a Legal & General investment bond. You can…
-
Is the rise in Stock Market Value good news for Endowments?
Is this good news for under performing endowments predicting a shortfall? I have a Scottish Life endowment due to end in 2016 which is predicting a massive shortfall, will this help increase the final payout? How are Scottish Life doing compared to other endowment providers?
-
Best place to save £8,000?
Hi folks, I would like to save £8,000 in the best possible place. I have the maximum amount in this year's ISA. I don't need quick access to the money. I'd be grateful for any advice on the best place to save the £8,000. Many thanks, Scotty
-
Multiple ISA's
:DMorning All - I currently have an ISA with the Halifax and want to add £5100 in on top of what is already in there and lock the account (or fix the rate). However, the best deal they have is a 2 year one at 3.5% which sounds good but means I wont be able to top up again next year - is it possible to open another ISA with…
-
Suitable savings account for a 'Wedding Fund'?
Hi everyone, Me and my girlfriend have decided to start a wedding fund. We're not gonna be getting married for a good few years yet, but we thought it'd be sensible to start saving now, so that when the time comes we'll have at least something stowed away. We want an account basically where we can each pay in something…
-
Santander First Home Saver ???
Hello I currently have a joint bank account with barclays which is a monthly saver account that account is coming to a end of its promitional 4% period and im wondering about transfering the balance to the Santander First Hime Saver account with 5% gross AER Conditions are inital deposit between 100 and 5000 pound (i would…
-
help with children's savings please :)
Hi there, I have 2 children a toddler & a newborn I have a few questions about savings for them! First of all I am looking at transfering my toddlers CTF to Yorkshire bank & was planning on setting up babies with them also, but I saw that Quidco are offering £50 cashback to set up the CTF with Engage Mutual & they are…
-
THoughts on Vantage Sipp and ISA?
Hi Guys, I currently have a legal and General Stocks and Shares ISA holding a couple growth Index Trackers. Aside from my current total the L&G provides very little additional info. Id like to see dates of my pay ins, with a list of possibly monthly totals and whatever charges they have levied. Im 37 and def not a high…
-
ISA v oneaccount challenge
Evening, In the near future we are hoping to move, but i have been wondering what to do with mine and the wifes cash ISA? So i have a maths challenge to see if you can work how long it would take to benefit from keeping the isa's rather than paying them into my oneaccount. I worked out 30 years, hence i will cash them in!!…
-
Bought some Premium Bonds!
Bought some premium bonds about 4 weeks ago - the money came out of my account etc a couple of days after that (bought them online) and I sent the signed form back about 3 weeks ago...anyone know when I'm due to receive them? Thanks for all your help, much appreciated!!
-
Savings advice please
Hello! I have £7k I want to save (saving for mortgage) - cany anyone point me in the direction of where I can put this? Thanks! I will be adding to it, so maybe an ISA (which one?) and then a savings account I can add too...
-
Best options to invest 250K in short term following house sale
We are relocating this summer and have just accepted an offer on our house. We will then be renting for about 6 months, before hopefully buying our next house. Our offset mortgage, current and savings are with First Direct. We want to have easy access to the 250K during this period, but make it work as best we can in these…
-
Where Do I Invest £2,400
Hi, I have a saver account which had my cash locked away for a 1 year fixed period, and it is now coming to maturity at the end of the month. The only thing is I don't see the point in leaving it in a regular savings account...instead it seems like it would be a good idea to invest it somewhere. Does anyone have any…
-
MSE News: £50 million emergency fund for Northern Ireland savers
This is the discussion thread for the following MSE News Story: "The Stormont Executive has agreed the bail-out after the Presbyterian Mutual Society went into administration in 2008 ..." Read the full story: £50 million emergency fund for Northern Ireland savers
-
Transferring Large Sum Of Dollars To Sterling
I am selling my property in Florida & will have a large sum of dollars that I want to transfer back to the UK. What is the best way to do this safely & get the maximum 'bang for my buck'?
-
Offset mortgages and Savings
Will shortly be taking on an offset mortgage (joint). If you are being charged x% on the mortgage, at what rate on a savings account does it become 'neutral' to have in an offset account rather than separtely in savings. If for example the rate is 3% on the mortgage, then surely any savings account which is paying less…
-
Childrens savings accounts
Hi Was wondering if any could help me. I want to open a savings account for my 8 month old baby and I just have a few questions we have already got a child trust fund set up for him. 1) which banks have the best acccounts for children???? 2)I was delcared bankrupt 2yrs ago and have been discharged will this effect me…
-
Funds Beginner Question #42! Performance Charges
One of the funds I am looking to invest in has this description of its performance charge: "15% on excess if Fund outperforms benchmark, calculated daily. Any underperformance carried forward. This fee applies to all share classes." The benchmark is the FTSE All-Share Total Return Index. What does this mean in reality -…
-
Presuming I had lots of money, would offshore accounts be worth it?!
Cant seem to find any tax perk for saving offshore - are there really any benefits left now? I know interest is paid gross and you declare it at the end of the year, I presume that means growth is on a years worth of capital plus gross interest, so higher growth as opposed to interest being paid net of 20% as per on-shore…
-
Lloyds Charging £20 for ISA withdraw
I have to put £20K down as a mortgage deposit in the next couple of weeks. I have just over that amount in a Lloyds ISA paying 2.5% and the same in an Newcastle Fixed Rate paying 5%. So decided to not to touch the Newcastle money. Today I went to Lloyds to get all but £100 out of the ISA to deposit into my Nationwide…
