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Looking for advice - guidance
Hi All My daughter (17years old) has just received a lump sum from her deceased father’s estate. I am looking into an ISA but would likesuggestions/help on what would be the best route to either invest or save themoney for her future. She is currently astudent and is looking to go to university in the future. Many…
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Before visiting the Financial Advisor
Hello, I have an appointment booked with an IFA and would appreciate some help to make that visit more effective. We are a couple in our late forties, have paid off the mortgage, are debt free and have about £200k in savings scattered around ISAs, National Savings and various bank accounts. I work and put £750 per month…
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ISA Fees question - hold cash?
Hi folks S&S ISA query - H&L recommends I keep £40 in cash in my ISA - presumably for fees. Just wondering, is it better to hold cash to pay fees, or just have them deducted from units held as and when needed? Does it matter? Thanks in advance!
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Nutmeg - Investment Management - Thoughts?
Hello all, Has anyone had any experience of the website Nutmeg? I'm looking at the possibility of investing some money (thinking of starting off with £2k put in, and £100 monthly payments from there on over 10 years. From this the tool reckons i'd get a median of around £16,740, with a 5% chance of £13,991 or less using…
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Investing in SAS ISA ?
My mum has had a SAS ISA with the HBOS since 2003 which pays her a quarterly payment which she has been fairly pleased with. However on reviewing the investment there has been a dramatic drop in her initial investment (understanding of course that shares go down as well as up) however as I don't understand these types of…
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Interactive Investor the only reasonable platform for monthly investment?
I am edging closer to getting out of my "analysis paralysis" and actually buying the diversified index tracker & bonds portfolio in an ISA wrapper that I have been researching (!) So I have been looking at the platform options and I have looked at Snowman's spreadsheet and at the Monevator table of charges. BUT I want to…
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Club Lloyds - interest
Anybody still waiting for their interest to go in. I thought it was supposed to be in by the 2nd of the month? I paid in £1500.
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Share dealings out of hours in Morrisons
Just looking on HL website at the recent trades for Morrisons Supermarket. There is an entry there for a purchase of over £5 million worth of shares. The time of the trade is given as 16:35 ie: 5 minutes after the market closed. Will this transaction have actually taken place or wil it be fulfilled tomorrow morning? Edit:…
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Setting up direct debits with Tesco banking
I have signed up for various currentaccounts which require that I set up 2 direct debits, but I don’t actually haveany DDs at all. So I have set up a Tesco Internet Saver account and a TescoInstant Access Saver account, and have decided that I will just pay £1 intoeach of these accounts each month. At risk of asking avery…
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Hargreaves Lansdown
I found it interesting today that HL are saying they have won some customer thing from "Which?" on customer satisfaction. http://www.hl.co.uk/investment-services/vantage-service/which-names-hargreaves-lansdown-recommended-provider-fund-supermarkets I wonder how they got on Value for Money? Don't get wrong, I like HL, I…
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Return of Cash to shareholders
Could someone please explain the difference between the various options ? - When to receive as an income and under what circumstances as capital.
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Products to add to Lifestyle 100% Equity
I currently own Rolls Royce and Vanguard 100% Equity (acc). I have cash maturing soon and would like to look at different products. I have never considered anything like ITs or ETFs before... but I am going to start reading up again. I see some investment trusts have done well (Perpetual Income and Growth, Edinburgh etc).…
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4 Tsb accounts ?
Hello folks ,according to Martin ,its possible to have £8000 with TSB ,How is this possible ? ;as Tsb arnt aloowing me to do this?
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PAYE Tax on savings interest
Hi, I am trying to understand how HMRC work out my PAYE tax code to account for interest for my savings account that needs to be taxed at the 40% band. I told them my gross interest for the year is say £800 and they seem to have adjusted my tax code downwards by £800. In my mind, that means that I have £800 less tax free…
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Buying First Passive Tracker
Hi all, I'm after a bit of advice / hand-holding. Sorry for the length but there's a lot of detail and I'm in analysis-paralysis. Having read around a lot of places, including...:* http://mrmoneymustache.com * http://monevator.com/category/investing/passive-investing-investing/ * http://jlcollinsnh.com/stock-series/ * Tim…
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Journalist seeks case studies to appear in magazine
Hi, I'm a freelance journalist and I've been given permission to post on MSE asking for people to help with a story I'm working on. You can see my name on the Companies/organisations/journalists with permission to post list. Today, I need case studies for national magazine (Moneywise) feature to talk about their best and…
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Best way to transfer money out of Sandander?
Hi folks, I have life savings of 50k in a one year bond with Santander that has just matured, and the rate for another one year is only 1.2%. I know that the Halifax pays 1.44% and I believe that Tesco bank pays 1.55% for a year. I am not interested in longer terms. To be honest I don't want to go down the 123 account…
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Hargreaves Lansdown increase charges
From 2 June 14 the T&Cs of the HL Vantage service have changed - see Key Features & Terms & Conditions para A10 page 10 . - basically whereas dividends were reinvested without charge once they reached £50, wef 2 June 14 they are now reinvested once they reach £10 at a 1% charge BUT the minimum charge is £1!!! (which…
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Ratesetter P2P Lending
Perhaps I am being really stupid....but this does not add up right? I am confused as to why my repayments are not as much as I would expect. On my account I have a one year bond. The amount lent is £88.49. The matched interest rate is 3.5%. 3.5% of £88.49 = £3.09. £88.49 + £3.09 = £91.58 So, I would expect this contract to…
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Investment advice appreciated
I have 66,000 of savings sitting in a Building society earning 1.28% interest net (20% tax payer). I need half of that to put towards paying off my mortgage in 2017. The rest I have no short term plan for.. I have looked around at Isa's especially with the 15,000 limit per person which seems good if you can get a good…
