-
Safe savings
I am in the fortunate position of having paid off my mortgage and, after expenses, I have c£3000 per month to save. I already pay into a pension each month. I'm risk averse so I'm not keen on risky investments on the stock market although low risk long term investments would be OK. I use my cash ISA allowance each year -…
-
Where to put my savings...
Hello all, I was wondering if anyone could help, my partner and I have £43,500 saved for a morgage, we are looking to buy at the end of the year (December) and hoping to have £70,000 saved by then. Most of the money is in ISA's however the rest is in savings accounts. I need to find a new savings account, I have around…
-
Renew my 5yr Index Linked NS&I??
Hello I have just received my letter that states my 5yr Index linked certificate is due to end at the end of the month. The estimate is £18,642 which is not too bad considering. (I think??) So now I have a couple of options? Cash it out? Leave it in under new terms. These are.. 5 years at index linked + 0.25% EAR? But with…
-
What are "Residual funds"?
I just cancelled my Tesco Shares 5 year thing, and so I was expecting £1150, but I am getting £75 of residual funds added to that. Just wondering what it means?
-
Short-term saving advice - to mature by April 2014
Hi everyone, So I'm looking to save up some money to help cover the unfunded writing up period of my PhD in 1.25 years time (I have a maximum of 6 months unfunded writing up time after which I have to submit my thesis), as well as for a deposit on a house. My income in somewhat limited, but I've managed to fill up the Cash…
-
where to put childs 2k+
Hi All, My daughter currently has an account with Santander with myself being the trustee and she has no access to the money unless I hand over the account. Its currently getting less than half a percent interest. I would like to know where would be best to put this money? I currently pay £80 per month into her account and…
-
What about interest on an ISA if it takes account over entitlement?
I started my first ISA this year and put the maximum allowance into it. What will happen now when interest is added? This will take it over the amount I am allowed to save tax free . . .
-
3k To Invest
Hi All, I'm on top of all my loans re-payments and I have 3k that I want to invest, money that I won't necessarily need for a while. At the moment the only savings and investment portfolio I have is £200 in premium bonds. At the moment I'm contemplating plugging it into an ISA but with a return of 3.1% it hardly seems…
-
Investment advice for 18 year old student
Hi everyone As the title suggests I am an 18 year old university student with currently no job or other source of income apart from my student loans and grant. I have approx £5500 in savings (easy access) and have been considering investing some of my capital - between £1000-2000- but need some advice as to which companies…
-
Two ISA's but want the money together
Hi, Got a quick question about ISA's for someone who knows a lot more about them than me. I currently have 2 ISA accounts, is it possible to combine them into one fixed rate ISA account?
-
40% tax bracket
Hello all, I'll be pushed into the 40% tax bracket next year and I really need to do some planning. I understand that you can put more of your money into pension (don't want to do that as I want faster access to the money) and a host of other options... the one that sounds most viable is putting a full £11k or so into a…
-
M&S Every Day Saver 2.33% Cut Tomorrow
http://bank.marksandspencer.com/save-invest/everyday-savings-account/overview/ Another one bites the dust. Chopped by 1% from 2.33% to 1.33% from tomorrow.
-
Undisclosed Interest Rates Drive Me Mad
Hello All Each January I'm required to phone numerous 0845 numbers to ask various banks what interest rate I'm getting on my savings account. I accept rates are published online, but have yet to find a bank that will publish the rates *applicable to me* on online banking systems, let alone historical interest rates or the…
-
ISA, Bonds, Stocks & Shares... or something else?
Hello everyone, I'm hoping for some a bit of advice regarding where best to invest on a short term basis. I currently £7k in a Santander ISA that I'll receive interest on at the end of March (29/03/13 to be exact). The rate was 3.3% variable for the first year which obviously means I won't be receiving that rate in years…
-
Cheques - do organisations 'check' signatures?
Have just had an experience where my partner has used my cheque book by mistake rather then hers. We bank at the same organisation but different current accounts. The worrying thing is that the cheque was accepted, cashed, cleared etc from my account with my partners signature (completely different first and second initial…
-
Transferring an ISA to a new party
-
Best OPtion for my year old's £2k savings
Hi, I have been trying to find the best account to deposit my 9 year old daughter's £2k savings. She does not really need to access this money for a few years yet so am prepared to lock in the money for a year or two if it means a good rate may be obtained. I have also thought about maybe using a regular savers account to…
-
Regular Savers linked to Current Accounts
With the demise of decent rates on regular savers I am now looking to maximise opportunities with those linked to current accounts. I currently bank with Lloyds and do not wish to change. I see that First Direct offer 8%, HSBC 6% and Norwich and Peter 5%. I have no problems opening current accounts but will not use them,…
-
Savings ideas
Hello I have posted on this before a few months ago and got some good advice but since then interest rates have changed and I'm just wondering how to do things for the best now the reality is round the corner. I really need to get properly prepared... It looks as though I will be coming into approx £300k from a house sale…
-
Vanguard LifeStrategy 20% instead of savings?
Hi guys, Just trying to figure out where to invest, since saving account returns are very poor right now. I have the following accounts: - Lloyds TSB Vantage - Virgin cash ISA - HL S&S ISA - 80% Equity To me, the Vanguard 20% seems like a very good, steady performer, and whilst I appreciate there is a risk involved I'd be…
