-
Santander Interest calculation - wrong?
I have a Santander esaver and the account balance flutuates, but over the past month it has never fallen below £15,950 and for at least 27 out of 30 days has been between £16,400 and £16,800 at 3.2% I think the MINIMUM I should get, (after tax,) not taking account of any compounding, is shown by the formula…
-
Whats is best to do...help needed re childs money
My inlaws put £1000 away when each of their grankids were born, the oldest as just had his given him last august and he got just over £2000 as the interest was good when it was opened, she has now asked us if we want to put our youngests money in an alternative account and look after it for him, he is 10 now, and from what…
-
Moving money out of spain
Dear Moneysavers Can any of you offer me some advice? I have a couple of Spanish friends who are really worried about the economic situation in Spain. They want to transfer some of their savings to a UK bank that is covered by the £85,000 compensation scheme. They don't want to dodge tax, they're happy to declare what they…
-
Saga Savings
Hi, This is a genuine question, and rather than arguing about whether it's right or not I was just curious as to how it is legal. I note that on a number of Saga savings products, e.g. http://www.saga.co.uk/money/fixed-rate-isa.aspx there is a minimum requirement for the individual to be over the age of 50. If this were to…
-
What is the best short term saving option?
Hi all, I require your wisdom. With the current financial situation I'm in, I'm looking for the best short term savings options in order to (hopefully) buy a property in the next few years. I currently have roughly what I would spend in a year (on everything, rent, food, bills, etc etc) sat in an instant access savings…
-
Lloyds v Nationwide
My sister has an appointment tomorrow to switch her current account from Lloyds to Nationwide. In light of the takeover announcment is it still a good idea to go ahead? She would hate to miss out on any bonus to Lloyds customers as she has been with them for about 25yrs.
-
Ways to lose money with Axa Sun Life
Hello all First post ever, I was wondering if anybody had some advice over Axa Sun Life CashBuilder Plan. My partner took out the Plan in 1997 for 15 years paying £10 a month, this has just matured and they have just paid her back £1176.!!! Now quick and easy maths tells me she paid in £1800 over the 15 year period, so…
-
Personal Injury Compensation Protection Trust
Hello, My solicitor recommends I open a Personal Injury Trust for some compensation I am due to receive following a RTA. The solicitor asked a colleague to phone me who explained they can set up a trust for £750 plus vat with no ongoing fees as the trust would be overseen by at lest two trustees I appoint, e.g. this can be…
-
Old Savings Accounts
Hi, I have a couple of old savings accounts I no longer use since the interest rates are very low (I've ditched and switched). Is it best to shut these accounts down completely or leave them open with just a small amount in each so as to potentially benefit from being a customer of those banks or building societies in the…
-
CASH ISA's
-
How to invest in the stock market
This is going to sound quite lame but i have to use an internet cafe to surf the web as my current computer is out of action for the time being. To save me time can someone point me in the right direction on how to get started in investing in the stock money. Tips and advice are more than welcome too thanks guys.
-
Iberdrola / Scottish Power Shares help!!
Hi, wondered if anyone out there could give me some help ! My husband worked for Scottish Power (now part of Iberdrola) and had employee shares through a scheme with them. On 1st June his employment was transferred to G4S and he was advised his shares would have to be sold. 2 letters arrived on 8th & 11th June about the…
-
Barclays Bonds - Way Out?
Greetings All, my first post here. Currently I have £11K locked away in a Barclays Generic Bond which is no due to mature until 2016. At the time I took it out, buying our first home was still a long way off... Today however, we're not far off completing - and to cut a long story short, could really do with this money to…
-
Best savings mechanism - £8k lockaway
Hi guys, As the title implies, I'm wondering if anyone can suggest a good savings mechanism to stick £8-10k, which CAN be untouchable. Ideally, I'd like a 2-3 year fixed rate, but more importantly, are there any that allow me to ADD money to the acc? Thanks as always MSE! Z
-
Honister Administration - Cofunds Platform
Hi, I've just found out that I'm unable to log into my online Cofunds account because of Honister going into administration. Having trawled the net I think I've got a better understanding of what's happened and my panic has subsided a tad. The problem is I want to print off my funds and see how they are performing and now…
-
Does anyone know the transfer limit on tesco savings? not in tnc
I tried to transfer money but it said it failed as i have used my limit
-
Advice/thoughts on how to cut my hours and still get same pay
Hay, I am 19 and work 45 hours a week, I am looking to quit my job or reduce my hours any help on how I can go about doing this and still be able to live/get same pay or more. -I currently have 1500 in fixed rate isa for 2 years (4% interest) -Just opened a e-saver (3.30% Monthly paid) Both with Santander i get 1000 a…
-
C&G ISA - transferring funds
-
Tory Voters with egg on there face
-
Vanguard UK Equity Income tracker
Hello all, I already hold the Vanguard Lifestrategy 80% fund (only) in my S&S ISA with HL. I also hold some shares outside an ISA (four companies) with the idea of building a high-yield UK portfolio. But now I'm thinking it would be better to just add the Vanguard UK Equity Income tracker to my ISA. I know this would cost…
