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Basic question on dividend reinvestments with ITs
Hi, I've seen a few threads on here about charges for div reinvestments with platforms but not a lot about going to the ITs direct. If things go as planned, we plan to open Share plans with Baillie G and Aberdeen to drip feed about £200 each into their funds. I'd like to know if income from these ITs are reinvested without…
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'plain old brokerage services' - as opposed to platforms
1. Where and who are these plain old brokers? (For small investors apparently they are better than 'platforms') EDIT well I found this link http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/tools-and-services/find-a-broker/locate-a-broker-detail.html?brokerId=75 and this seems to think that TDF are…
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Saving for Children but retaining control
Hi, I'm starting a saving fund for my newborn son. I'm looking for advice on how i can retain control of the fund. As i understand it any account i open in my son's name will pass to his responsibility when he is 16 or 18. I want to help my son use the fund at it's maturity in a responsible manner and help him make the…
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Cash ISA to overpay mortgage?
Hopefully posted this on the correct board ( with luck I will be on the Mortgage free board sooner rather than later:j) Anyway I was doing a wee review of my cash outgoings/incomings etc and had a look at my fixed rate 2.6% cash ISA and was wondering if it would be better putting this towards my mortgage to get this…
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Mortgage payment vs Cash ISA vs Virgin Climate ISA
Hi all, I'm currently debating where to put any money I can tuck away each month, and have narrowed it down to three options: C&G Variable rate mortgage (2.5%) I currently pay just 2.5% interest on my mortgage, so have held off overpaying whilst other investments are available to me. I figure whilst it'd be a great feeling…
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Savings in trust
I've asked about putting some money into an account in trust for a young adult, but I've been told that they need to provide proof of identity. If I'm the one opening the account with my money, why should the beneficiary need to provide proof of their identity - surely I can leave my money to whoever I like and they only…
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Co-Op 1Year Fix 3.5%???
Just had an email from Which giving their latest 'hot money' deals and they say the best one year fix is with the Co-Op at 3.5%. Trouble is I've followed their link to the Co-Op site and all it shows is a 3.21% one year fix, which has been there for a week or so. Anyone know if the Co-Op are about to up their rate, or have…
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Need some assistance in woking out the value of some shares
I recently inherited some shares and am trying to work out their value. they are held with KCOM group PLC, I used the following calculator on their site to calculate the value of my holdings. http://www.kcomplc.com/investors/share-price-centre/share-calculator/ The total shares I hold with them are 1,825, I was just…
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Fund or savings account?
Hi all, So I'm all set for regular £100 payments into a Vanguard fund (£2 charge each deal, once a month, and roughly 0.3% AMC). I was planning on doing this for maybe 3-4 years and hope that whatever I'd get back would be greater than that from a savings account. Seeing as it's a shorter time-frame (3-4 years) I was…
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Compound Interest ....a thing of the past?
Having looked at the best buy tables of Fixed Rate Bonds I see that that all (it seems) pay the interest annually to a third party account. I assume that for smaller deposits the sum total won't be much different from compound interest (but still every penny counts), however for larger amounts the difference becomes…
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Who do IFAs use for independent financial advice?
How do IFAs find an IFA for themselves - unbiased maybe? And what do you ask them to ensure you will be getting the best advice, and how much do you pay foe this advice just thought us common lot may get some insight as to what we should do for some financial advice. tia fj
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Young kid on the block..
Hi, I was seeking investment advice. Basically I'm 20 and I am looking to have saved about £100k by 24. Currently I have £5640 in an ISA fixed for 3years, £1000 in Zopa, and should have about £3.5k by end of July. I further have £6.3K lent to a family member interest-free. So this roughly equates to £16K. I start a new job…
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Help with mortgage
My o/h and myself are both in our mid seventies and have between us approx. £200.000 in savings,our daughter is hoping to purchase a new house and is about 5 to 6 thousand short of the money she requires, would we be ok to give her this money to help her and would there be any complications in doing this.
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Merchant Corporate Recovery
Anyone on here invested in Merchant Corporate Recovery?
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Close Brothers - Premiun Gold 3 yr @ 4% now closed
Close Brothers Savings - 3 year fixed term fixed rate Premium Gold account paying 4.00% Gross/AER has now closed: http://www.closesavings.co.uk/accounts/closebrotherspremiumgold16closure/ In case anyone printed off the application form and left it a bit late to apply, Close Brothers are still accepting applications for the…
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I have £2500 Any place i can invest or put too use
Without the ill have £50 replys, is there any serious ideas about where i could invest some cash, i have it just sat in my bank acc atm, not really saving for anything specific an dont want too waste it either Are there any such things that may be some outlay at the end, if not no worries that doesnt matter either, ISA,…
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I'm soooo confused about fund platforms!!!
I was all set to get the HSBC all share index tracker and I'm stuck on this platform/fee thing. I thought the best thing was to go with a fund supermarket that didn't charge fees. But now it seems if they don't charge fees, they really secretly are? And that's going to stop the end of the year? So, what do I do now? Any…
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18 months highest interest investment wanted
Hi All I'm looking to invest £45,000 putting some into ISA for quick access, some into general savings account attached to my current account for immediate spend and £35,000 for 18 months into something with the highest, yet safe interest - I wont want to touch it for minimum 18 months. Lloyds Bank have suggested bonds for…
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Grandparents gifting money to grandchildren
Hi My mum would like to gift my children some money. I understand that she can give £3000 per annum per child to be free of inheritance tax. However, I have read that you can use a previous years allowance that was unused? So, could she give £6000 this year and still be free of inheritance tax rules? Many thanks Sue
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Discretionary Fund Management
I have 500K+ to invest and would like to talk to some Discretionary Fund Managers who have a private client service How do I find the good ones? What are typical fees? What should I watch out for? Any pointers or advice gratefully received
