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Recent increase in my fund value
I invested £90k in investment funds last July when the FTSE100 was arounf 5900. My timing was lousy and 4 months later I was 10% down and regretting my investment choice. I vowed that when the market improved I would sell as the volitality of the market was not for me. However, the funds have improved considerably in the…
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In-laws £30k savings - can anyone help please?
Dear All, I'm a little bit clueless about these things so would appreciate any advice around possible avenues to investigate (very willing to do the research but don't know where to start). In short both my mother and father in-law are now retired (both 65). They do not have a massive income - 2 state pensions plus a…
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What do you think of Kyle Bass?
Hi All, Recently I saw a interview on BBC Hardtalk from Kyle Bass, It was very interesting did anyone else watch it? What do you guys think of him? Does he have a website/blogg/twitter anyone know about?
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Trustee Savings accounts
Hi all, Was just wondering if anyone can help me. My dad has a personal injury trust. I am trying to help him secure a better return. It has to be no risk, savings only as he is not comfortable with stockmarkets etc (he is 60) Does anyone know any good rates. We are currently getting something like 0.5% from LLoyds TSB and…
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Annual Interest
Hi, if we put money in a savings account that pays interest annually and we close it after 6 months (or maybe earlier) do we still get our interest? Its just an online easy access type account not a bond or anything. We have sold our house and will be getting a large chunk of money that we will need to put into savings…
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trail commission
Hello I am a bit muddled with whether trail commission from brokers eg Cavendish ,will carry on after 2013 for exising investments eg in legal and general sorry to be a little dense on this:( thank you in advance if anyone knoows the answer :) x
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Account for baby with no restrictions on deposits.
A grandchild is due and a savings account is required by the parents, they say of those they have seen, there is a limit to how much can be deposited each month. Is this so?, If it is, does anyone know of accounts that don't have a restriction please.
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Accumulation of Savings Interest
I wanna move cash from a snail-mail savings account (which I've had 9 months) to something online with better security. I'll also need to move a another account soon cos the 1yr bonus interest'll pack up. My question, for those in the know, is whether it matters exactly when I close the accounts? Does the interest always…
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Children's Savings: Right Option?
Hi, I'm looking for some advice. I have two children and am putting away money every month into savings for them as below. Unfortunately the annual report hasn't proven as expected - I know the market is such as this should be expected but just wanting some thoughts on whether I'm taking the right approach. Child 1: Age 3…
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ISA Transfer
Hi, I hope someone can help me with my questions - thank you in advance.....here goes: My son, who is 18, at uni and is not working at the moment (so doesn't pay tax), has an ISA account with the Halifax. He's had a letter to say that on 30th March 2012, the current rate (3.00%) will be ending and it will go down to 0.50%.…
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Building society fixed interest bonds-don’t get trapped
Just a word of caution to those that don’t read the small print on fixed interest bonds from building societies. I have noticed that by default, some building societies are trying to trap savers who have a fixed interest bond with them. So much for customer loyalty. If you do not contact the building society shortly before…
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Index tracker in ISA
I am considering investing in an index tracker , as far as I understand any didvidends can be re - invested in the tracker. If the tracker is not in an ISA does that mean that I would pay tax on the dividends.
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now that we live longer..Long Term Mortgage
seen this Long Term Mortgage maybe this would get the country going again. Advantages of a Long Term Mortgage A long term mortgage can be very handy under some circumstances. For instance, if you are planning on buying property with the intent to renovate it and then resell it, this type of loan would actually allow you to…
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is it worth me moving my isa away from hsbc?
I know other places offer 3%... right now I am getting 1.75% at HSBC, but I like the convenience of having everything on one account to look at online which is why I've stuck to it. My isa is currently very small as I only started last year, is it worth me moving this to a higher % rival, the way I see it, it is a pretty…
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Tax Free?
Hi Everyone! I'm desperately trying to save more money at the moment (need to buy a house but not got enough and renting is crippling me!) if I put my savings in a non tax paying relatives account to avoid tax, is this illegal?
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Advice on what to do...
Hi All, Basically, I opened a Halifax Direct Reward ISA in June (3% AER), but heard nothing until a few weeks ago when I was told that they couldn't verify my identity and could I go into a branch with documents. I had almost forgotten about it as I was still paying my IPA post-bankruptcy and my final payment was a few…
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ISA for small anount of savings
Hi all I pulled most of my savings out of my savings account recently as I get a much better rate of interest with Lloyds vantage current account. But I have kept back a £500 'rainy day fund' just for the sake of not having everything in one place. I still get naff all interest in that savings account though so thought I…
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re-rbs/natwest
Hi Guys , does Natwest belong to RBS now?
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Are these Investment Recovery firms for real?
We had a small amount of shares in a local firm that went into liquidation in December. We have had a few letters from Investment Recovery Solicitors telling us they can recover some of our investment. Is this true or a scam? If it is true, is it better to do it oneself in order to avoid the 25% fee?! Again, if it can be…
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Where to put my money?
Hello, I have £4400 pound in a children saving account. It is tax free and is only earning 0.8%! For the next two years I will also be saving £250 per month. My question is, where should I put my current savings and future payments to receive the best interest rate? Isa? Savings account? I am so confused... I dont mind…
