-
Basic advice needed
Hi, My dad has recently passed away, he was an IFA and he had a stocks and shares ISA set up for me a while ago. Can somebody explain what the difference between 'book cost' and 'value' is? Ive just had a valuation and the book cost is £23,985 but the value is only £17,217. Also there is a deposit / cash acount within this…
-
FSCS protection for the Coventry Building Society...
The "are your savings safe?" section says: What if my building society has merged with another? In the aftermath of the financial crisis, a spate of building society takeovers peppered daily news broadcasts. Initially, the government acted to protect savers who had money stashed in two different building societies that…
-
Switching accounts - loss in interest
Hi I'm sure I must be doing something wrong... I shop around for the best rates for my savings, ISAs etc, but when it is time to move them, I lose so many days of interest. What am I doing wrong? Because Faster Payment has a maximum limit of 10000 at best from most institutions, I am left with only the options of BACs…
-
how am i best to invest £80k
My Mum recently inherited £80k and is considering investing it in order to pay her rent on a monthly basis with the interest. What would be the best interest rate she could expect and where would be the best and safest place to invest the money so as she could draw the interest monthly?
-
Shares
I have been left some carillion shares, having never dabbled in shares before I am not sure what to do, I have 169 shares, they were from my late dad and the certificate will now be transfered into my name. Will these be paper shares or electronic shares, im not sure what the difference is?? Would it be wise for me to keep…
-
FTSE 100 Dividend Calendar
Dividends are usually paid at the same time of the year by companies, search as I may I cannot find this list. So, can anyone help? fj
-
Hsbc - ifa?
I was looking for a new bank and notice HSBC offer an IFA, is this true? Website says they can offer them on a fee or commission basis and not tied to any products. What's the catch? Is it truly an IFA? http://www.hsbc.co.uk/1/2/personal/investments/financial-advice/financial-advice/independent
-
Trying to Get started
This may be a pretty stupid question to the seasoned veteran on here, but then again thats why I am posing it, if you take out a monthly savings account, currently looking at the HSBC one for anyone who brings their bank account to them as well @ 8%. Is the interest compounded monthly, or is it paid annualy on the lump…
-
Life Policy: Defer Payment of Maturity Value or Not?
Hi, I have a unit trust tried to a life policy account that is investing in Scottish Widows OEIC. I have paid £20 a month into the account for 25 years, so its worth around £6000. My last valuation showed it as £5,239 as the units are undervalued. As its just coming up for maturity the life assurance vendor has asked…
-
Where to invest next?
Hi again! I'm still learnign how to invest so have been playing with my portfolio and would like to know if there are any areas / regions / asset classes that I'm over or under-invested in and if there are any other funds that might be better. So, my portfolio is like this: Aberdeen Asia Pacific: 16% Aegon High Yield Bond:…
-
FTSE 100 vs All Share
I have no real experience with investing but have decided I want to start putting some of my savings into a tracker fund on a monthly basis rather than keep it all in cash. I'm talking relatively small sums at first and have decided to use an HSBC tracker within an ISA as the charges seem very low and I've always had good…
-
New to shares/stocks (interactive investor)
Hi, I recently decided to open an ISA shares&stocks account with Interactive Investor (iii.co.uk), so that the other half of my ISA allowance would be open up to use. I've never bought stock before and only really have rudimentary knowledge of investing. My account isn't active yet as I need to send some identity info but…
-
Lipper ratings
Some of my ISAs come with Lipper ratings that are currently pretty low (eg 2). These are (eg) Aberdeen Property Share, Inv Perp High Income. My execution only FA continues to "recommend" this fund, and indeed some others that are low rated. Can anyone tell me if the ratings are peer-related or are based on the whole…
-
Best options - saving for an emergency fund
Hello, My husband and I currently do OK. Having been watching this site when in debt and learnt to deal better with money we've cleared them and now managed to save some money. We are paying extra off our mortgage but about 9 months ago I found out that the company I work for will be bought out and redundancy risk is quite…
-
Isa query
All, Just require some advice, the situation is that i have an alliance and leicester flexisble isa during this tax year however it only contains £250.00 with interest payable anually. i have a northern rock fixed rate isa expiring on 3rd march so my thinking was can i cancel the alliance and leicester account then open a…
-
Cheshire Building Society - cash isa
Hi, I just received a letter from Cheshire BS dated 04/02, to say that my cash isa matures on the 22/02. I received this letter today (11/02), and they tell me that if I decide to transfer the money out, their form has to be returned by the 17th February. It doesn't seem fair, as this means I have to return the form at…
-
Help Please
I have £10,500 that I can transfer from a current account..but to where? I don't have an ISA. I can also afford to save £400 per month. What are your suggestions please.
-
What should I be doing?
Hi Guys, looking for a bit of advice on what I should be doing with my savings. I have a terrible habit of just letting money build up in my current account and not moving it anywhere. Here's my current situation.... Current Account (Halifax) - £10597.65 Guaranteed Saver (Halifax) - £557.97 ISA (Halifax) - £10139.40…
-
Fidelity China SS. HL letter re C Shares
I applied as an existing holder of the Fidelity Investment Trust mentioned above but have today received a letter from HL which has confused me. Previous correspondence has suggested that existing holders of this IT would receive the full amount allotted. HL has written that Fidelity's documentation had said that the C…
-
I'm a bit thick but
I've been putting money into an ISA for years but am not getting a good rate on it now. As I don't touch the money I must admit I haven't worried too much about it but sorry to be thick but does the interest you get just get added on at the end of the financial year? I am thinking about moving my money to another bank with…
