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Advice for elderly relative with poorly performing S+S ISA
Hello there, I'm not expecting free detailed advice here - just some pointers. My elderly foster mother (86) has a S+S ISA with HSBC (HSBC World Selection Balanced), current value approx 38k. This appears to be behaving poorly - but I guess all S+S products have taken a hit recently? For the 18 months or so up to April…
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IFA advice
Hi, please can someone help? Our IFA broke away from his company a couple of years ago to set up his own company. But over the last few months we have had letters from the parent company saying that they were investigating bad advice we were given at the time, and now we are being awarded compensation payments for that…
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Transferring Money
Hi Is there a limit to how much you can transfer from a bank account to a online savings account in a single transaction. cheers
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Biofutures (BIP)
A friend has recommended this stock to me. Any experts care to take a look and give advice as to whether it is a good investment.
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Should I withdraw - NS&I vs Mortgage
Sorry if this comes across as a bit thick, but I want to make double sure I am doing the right thing!:embarasse Ok a bit of background. I have just moved to a Woolwich offset mortgage, I can overpay by 10% but at as we are just about to have a baby I am using the offset mode and putting all our savings into the offset…
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Advice required for investing £8k
I've just changed my mortgage and have taken out the £8k of overpayments made over the past few years as I'm sure there are better investments than just the 3.19% interest rate on the mortgage. I don't need instant access to the cash. I'm happy for a minimum of 5 years investment, possibly even longer. A friend has…
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What's the Best Alternative to the Child Trust Fund?
Hello everyone I'm after some advice on children's savings. I have two children - a girl (2yrs) and a boy (8 months). They both have children's savings accounts which i contribute £10 per month each to, plus birthday, christmas money etc goes in there. When my daughter was born, she had the government £250 voucher which i…
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Structured Products for risk averse saver
My sister (against my advice so far) has chosen not to see an IFA and to trust Nationwide and HSBC financial advisers. She is financially secure, just about to retire on a good pension (lucky her) and has a heavily building society cash biased savings. My sister is very risk averse. The HSBC man had advised her to sell the…
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Power of Attorney and Online Savings
I've recently completed an exercise to find savings accounts for an elderly relative which I can operate fully online under Power of Attorney. Others in the same position may find the following information useful. The following financial institutions transferred an existing account or allowed me to open a new one without…
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Axe sun life bonus cash builder plus plan- advice pease
Hi I opened a axa sun life bonus cash builder plus plan for a 15 yr period in sept 2009. To date I have paid in a total of £730 by direct debit. After reading a few dubious articles I decided to call them. I have been told that if I surrender the policy now then I would receive just £549.03! Almost £200 less than what I've…
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£100 a month to invest, what will gibe me the best return?
Go £100+ to invest every month, I am looking long term and also willing to take and make high risk investment for a potential high gain, what's the best options for me? Keith
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SIPP Opened - Investing for income?
Hi All, I've opened my sipp, and bought a few shares. Looking to buy some funds now. I'm only 27 so I normally invest for growth with my savings and therefore dont need the income. Is it best to invest for income with my pension? or a mix of both? Or just stick to growth?
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Transferring money from EU to buy property in UK
Hello, First of all, I'm sorry if this question has already been asked. I've done my research, but I'd like to ask here in case I'm missing something. I'm a UK resident, but my parents live in a eurozone country, and have all their savings in euros. Given the difficulties of the euro at the moment, we thought it'd be…
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What should I do with my Euros?
I have a fair amount of them in a UK based euro account. Should I convert them if (before!) the Euro goes belly up?
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Where to put my savings?
Hi all, I'm looking for some help for where OH and I should put our savings? I think we're getting really pap rates at the moment and would like to make our money go further. We've got about £80k in total: OH - £30k in nationwide savings Me - £40k in nationwide savings Me - £10k in Santander ISA We'd like to buy a house in…
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Nationwide transactions at Post Office branches
I understand that some Nationwide transactions can be carried out at Post Office branches. We have a flex account, and wondered whether anyone knows which Nationwide transactions apply. Wondering whether a cheque can be paid into a Nationwide flex account at PO, and whether withdrawals can be made. Grateful for help.
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first time share investor wanting guidence
Hi, I now have some spare cash each month and I am now looking to invest for a long time 10+, I understand to get the best returns I need to go maximum risk and I am willing to do this, I am considering investing arounds £100 each month into stocks shares or Maxi isa's. I bank with halifax and was considering there Share…
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NatWest Documentation Error - Again!
Following the fiasco a year ago when NatWest repeatedly quoted incorrect interest rates online and in leaflets for its eSaver account I had hoped that the "Helpful Bank" would have checked its documentation more carefully by now to avoid further complaints and compensation claims. I noticed that the 1-year fixed rate bond…
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MSE News: Bank of England base rate held at 0.5% again
This is the discussion thread for the following MSE News Story: "The Bank today held the base rate at its historic low and decided against pumping more cash into the economy ..." Read the full story: Bank of England base rate held at 0.5% again This thread is not in the 'discuss house prices and economy board' as that is…
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euro saving
Goodmorning first of all pls bear in mind that I am a total ignorant when it comes to understanding financial issues... :-) I have some savings in euro in an italian bank which I plan to use for deposit on buying a flat. I am really concerned with what is going on in europe at the moment and I do not know if I should get…
