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Savings account calculations, Am I missing something?
Ok So I have some savings that are earmarked for a house deposit that I may or may not need depending on finding something to buy. The best quick access ISA I can get pays 1.75% and of course is tax free According to martins email today First directs regular savings account pays 6% I'm a higher rate tax payer so will pay…
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Keeping savings "safe" from malicious ex?
Hi, I would really appreciate some help with my situation, but I undertstand it's probably a tricky question to answer. My ex and I have split up and we are involved in a child access battle which is likely to end in the courts. He has no savings, so he would not be liable to pay court fees, however I have been saving hard…
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Best way to use my company shares
Hi all, new user and first time posting on the forum! I am really hoping to find some useful advice on my question. I was involved in a sharesave scheme in my firm with the offer of putting money in each month for 3 years. After the 3 years had been completed there were a number of options on what to do with the money…
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Share based Child Trust Fund
Can anyone suggest how I can invest a CTF in low cost tracker funds? I am looking for a provider with low dealing costs and other administration fees, and which also offers some low cost tracker funds and not just fat fee charging managed funds. Is there anything for a CTF like Sippdeal? Thank you!
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Foreign bank accounts
We all know UK saving rates are at historic low levels. I was speaking to my flat mate the other day (he is from Nigeria (second generation)) and mentioned you can get 12-15% interest on savings... i also know in India its similar.. I know the risks of foreign exchange changes but how would i use these accounts?, anyone…
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Savings account for my mom
Hi I don't know if anyone can help. I'm trying to get my mom to put some money into a savings account as it's burning a hole in her pocket and I'd like her to save it for something she really wants. None of us really know much about accounts and I find all these comparison sites a bit mind boggling as I don't understand a…
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Unit Trust/OEIC settlement period
I'm curious as to how long it takes to sell units in a unit trust or OEIC, to then reinvest the funds into another fund, when using a platform such as Hargreaves Lansdown or similar. I'm aware that there is a formal settlement period of 4 days, but does that mean if a sell order is placed early on a Monday morning, funds…
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Recommendations For Financial Advisers
Hi Everyone, A post i made previously (ID 4864948) has recommended that I seek out a financial adviser. We have had a bad experience with one in the past and I would really appreciate a good recommendation. I live in the SK9 area, the main requirements is that it will be someone who can accommodate a deaf person and who is…
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Best term deposits for Pension Funds cash
I have over £100k funds in a FURBS pension plan and need to invest this in a "Pension type" bank account. N.B. This is NOT normal cash savings that I could put in ISA, or domestic savings account. I am looking for interest rates of better than 2% for 2-3 years. Any suggestions? As trustee for my own pension fund I am…
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Whats the best way to save 100K
Hi there, I do a lot of reading here, don’t really post much - in need of some advice I've managed to clear the majority of my debts, which has taken a good couple of years, I'm glad this is over and it’s given me the discipline to save of which I’m so grateful, it been a tough journey! I’m now in a position to be able to…
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Bitcoin Query
Hi All, I know there is a separate discussion going on regarding bitcoins, however I am on a survey reward site and I've almost accumulated enough to purchase a "Bitcoin - 10 mBTC" what does this equate to? Thank you.
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Invest or Buy Property
Morning all, I will soon be inheriting around £170k and I am not entirely sure what to do with it. I have a £57k mortgage that tracks at 0.9% above base rate so I will not be paying it off. I was planning on investing around £45k in renovating my house, spending a bit and putting about £100k away in investments - probably…
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Where is my oil money?
Interesting comparison between the Saving and Investment policy of the Norwegian Government, compared to the British Government. Worth reading all the way through: http://www.theguardian.com/commentisfree/2014/jan/13/north-sea-oil-money-uk-norwegians-fund
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IFA charges/fees
1. We are currently about to use the services of an IFA to invest my mothers assets to produce an income for future potential care requirements. 2. My Q is, how much would be normally charged by the IFA for: a) Introduction fee % b) Management fee % p.a 3. The sums involved will be initially £150K rising by another £100K…
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Santander 123 Current Account - do you have to close your old current account?
Good evening. I helped switch my Mum's current account from Halifax to First Direct a few months ago. When completing the initial FD online application, it asked whether you want to transfer all your Direct Debits, Standing Orders etc. and close your old current account...my Mum was happy for this to go ahead as she…
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peer to peer lending
Really just out of interest what is the deal with this, is it a good thing or should we swerve completely? There is loads of info on t'internet but it gets a bit confusing with conflicting info so just wanted a straight forward explanation. Thank you all
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Vodafone Return of Value
I have 889 shares in Vodafone in a HL account. Received a letter from HL with 2 options to receive the proceeds depending on tax situation. B share option is treated as capital and C share option is treated as income. The default is B share option and have till feb 14th to decide. HL are offering a £5.95 deal for clients…
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Advised to switch pensions again by advisor
Hi there everyone, I'd welcome some advice on this topic, as I'm a little concerned... just over 12 months ago my financial advisor advised me to swap my pension from provider A to provider B. Given I trusted his judgement and the fact that the new fund was supposed to be more flexible, I went with his advice. Over the…
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inflation rate up
The RPI inflation rate was up from November's 2.6%p.a. to December's 2.7%p.a.
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Would Unicorn Icome fund be in your top 150?
I've just read Mark Dampier's (of Hargreaves Lansdown) review of the Unicorn Income Fund and was surprised it isn't in their top 150. I have looked at it and have it in my portfolio and have been pleased with it as part of my mix. I can see that it has a particular focus and therefore there are risks to holding it as there…
