-
ISA Interest Query
Hi Hopefully this is a quick question and hasn't been answered elsewhere. We are thinking of putting £15,000 into a Virgin ISA which pays interest monthly. My question is that as we are putting in the maximum allowed amount of £15,000, the interest that is paid every month is going to take the balance over £15,000. Would…
-
Windfall
Hi. I posted this in the banking forum, and it was suggested that I might get more help here, so here goes. I know this isn't really the right place to ask this, and I will be seeking advice elsewhere, but I was wondering what other people would do. I'm expecting a large cash payment at the end of next month. It's a…
-
Do you ever use the Financial Services Register - and what do you think?
Hi all The FCA are looking at how they may need to improve the Financial Services Register to make it more user friendly and it's after your thoughts. It would be great if you had any suggestions to share on:* Have you ever used the register to check out a firm and what did you think? * Could you easily find the info you…
-
savings account overdrawn?
i have a savings account with a bank and its gone overdrawn, as the bank has paid back money twice, its overdrawn by £2000 - they wrote me a letter today asking me to repay it -- can they actually make me do this, as technically I dont have an overdraft with them .. advice please
-
Advice on retirement savings
I was wondering if there was someone who could advise me in the situation I am facing as it is not something that I was able to find an answer to in an internet search. I was employed in the USA for about 6 years from 1999-2005. During the period of employment, I had contributed to a retirment plan offered through my…
-
Financial advisor Merseyside
Can anybody recommend a FA in Merseyside? Never been to one before but need advice for investments and pension.
-
Move savings to a private pension? 6.25% after tax?
I've been reading with interest (no pun intended) articles about the proposed flexibility regarding taking private pensions (and not having to take an annuity from April 2015) All figures approximate, but I'd like to check my theory... I am 55yrs old I earn £40k pa I have £20k in savings Here's my cunning plan, based on my…
-
childrens savings- few questions from a confused parent!
Hope someone can help with the below. we have two children 3 and 5. both have trust funds- 5 year old has one set up by goverment with the £250 voucher and 3 year old has a ISA (cant touch till 18) one as they had stopped the scheme. both have approx £3000 each in their trust funds- most given by relatives…
-
Dilemma after transfer
Hi all After a recent set of fund transfers triggered by the RDR change, I've found myself with around £40,000 worth of a single fund incorrectly put into a S&S ISA in the receiving platform instead of the unwrapped account where it should have ended up... there were various bits going all over the place and given their…
-
Vanguard Life Strategy - Investing from abroad
Good morning folks, a MSE posting newbie here. Thought i'd put this as a separate thread to the other one about who intends to invest in this fund. The fund appears to be UK only. Are there any expats who invest in this, or have found a way to? Is the requirement just to have a registered address? Vanguard appear to be…
-
With Profits ISA
'The Wesleyan With Profits ISA is a Stocks & Shares ISA which accepts new investments and transfers into Wesleyan’s flagship With Profits Fund with the tax advantages of an ISA'. (*cut and paste from their website) Does anyone have views on this as a method of regular, long term (5-8 or more years) way of investing as I…
-
How many Santander 123 accounts do you have?
The question is in the title of the thread. Despite Santanders terms of service etc I have applied and apparently had the application for a 2nd account accepted. I rang to check, there was some discussion with a colleague and then I was told if its open its fine, dont worry.
-
Save DON't Spend!
When you think of university life, you conjure up images of eating cold baked beans from a tin, blagging free drinks from the students union and spending your free time looking for clothes and books in charity shops. Not me. Luckily, whilst at university, I lived a life of luxury. With halls of residence rent paid up front…
-
Old Premium Bond as gift, NS&I not helping with ownership
I have a premium bond found among my Mother's old papers when she moved, she says she never ever bought a premium bond, I suspect it was a gift for my sixteenth birthday back in 1969. NS&I will give no help as to identity quoting Confidentiality rules, it seems only the registered owner can find out who owns it :doh: The…
-
Invest or pay off debt
Hi all. My structured income product has come to an end and I need advice on which route to take with the £30k coming back to me. Initial thoughts were to plough the whole lot into the Neil Woodford fund since this appears relatively safe and gives an income of around 4% but I am now wondering whether or not it would be…
-
Financial Advice (Savings)
Hi all, sorry for the long post! I'm hoping for a bit of free financial advice! Cheeky I know, but you're the ones with the real world knowledge and honest/un-biased views. My financial situation is positive and I am able to put money into savings. I am currently saving towards a deposit for a house (renting atm) so don't…
-
Where to invest 2 £30000
I am 63, receive state pension of £119.00 and earn a small amount each week £50 ish. My partner died recently and I am the sole owner of our mortgage free home worth around £350,000 My income each month is around £1000 short of my outgoings and the capital my partner left me was intended to make up this shortfall for as…
-
Direct Debit
I have spread my savings with a number of banks, however, they are changing the conditions for setting up new accounts with one criteria being that you have to have two monthly direct debits. The problem I have is that I don't have that many direct debits. I have used the usual utility ones. Has anyone got any creative…
-
Belgarve Atlanta / Belgrave group
Belgrave Group / Belgrave Atlanta This is an account of my Detroit house purchase using the Belgrave Group Basepoint Business centre, Premier Way, Romsey SO51 9AQ Although Belgrave group still exists the company now focuses on properties in Atlanta 'Belgrave Atlanta' company number 08218378 , same trading address as…
-
Best Way to Save for New Car
Hi, all..first post! I'm looking towards planning to get my next (used) car. I will be in a position to start saving £200/ month and am aiming to save £8000. I was just going to put this in a Co-op savings account which I have available, but I then thought about the old days of Premium Bonds, which would be a low risk…
