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TSB 5% Classic Account
After the advice from some lovely members I've ditched my Isa and opened a Classic Plus Account. Thinking I could have only one in my name and a joint, I opened the second one and was going to go into brach to get hubby added next week. Have just called the customer services and apparently you can hold 2 in a sole…
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Cavendish Online fees
Is the Cavendish fee of 0.05% based on the initial investment amount or value of the investment when the fees are due? i.e if I invested £10,000 and the current value is £12,500 then do I pay £5 or £6.25. Also, is the platform charge (0.2%) which is taken from one of the funds based on the initial investment amount or…
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Child off to uni, tax implications if they save parental contribution?
Hi. Apologies if this has already been asked; if so, please point me towards the relevant thread(s). My child starts university this autumn, and I would like to contribute towards the cost. I understand that as a parent I can provide money for likes of uni fees and reasonable living costs without any tax implications. What…
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Complicated ISA transfer query
Hi guys, I have a slightly complicated ISA transfer query. Hope you will be able to give me some advice :) Currently I have a cash ISA with HSBC for £21000 (combined cash ISAs from 13/14 and 14/15 in to one). I also have a non ISA account with Fidelity (that holds a few funds) that has a value about £4000. I want to…
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Lloyds divi options
Just had news through regarding Lloyds Banking Group dividend options. Take the cash or reinvest via Dividend ReInvestment Plan (DRIP). Personally as it’s such a small amount (in my case at least) think I’ll DRIP it and forget about it for now. What do others think?
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Vanguard Price Confusion
Hi, Probably a simple question, but I'm missing something! On Charles Stanley, I'm looking for the price of the Vanguard Lifestrategy 100% Acc fund. My understanding is that the price is derived from the underlying assets, so on a given day (it is priced daily) there should be a single price (no bid-offer spread).…
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Investing a lump sum
Our children (aged 5 & 7) have been left £10,000 each by someone we know. How would you recommend investing it for them?
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CTF to JISA and cashback, how can I do this successfully?
Hi, there's various companies giving cashback through places like Quidco for creating a new JISA and adding money etc. We have a CTF I want to transfer, so want to get some cashback also ideally. As far as I know though you can't have a CTF and JISA active at the same time, so the applying process needs to be done via the…
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2015/16 Tax Year no tax due if less than £15,600 income including Savings income.
Not often I discover something to my advantage and have just found this which has been reported on here:) Apologies if its been discussed already and if so please point me in the right direction! With a £10,600 personal tax allowance there's now up to an additional £5,000 Savings allowance so a total of £15,600. After…
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Taxation of withdrawals from Aegon Investment bond?
I am posting this as an offshoot of a thread I started on the Pensions board, as part of the question relates to an Aegon investment bond (I'm posting this on behalf of a friend). She needs cash to buy a car and is on low income so unable to get a loan. She is looking at taking a lump sum (maybe £8k) from the Aegon bond.…
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Paid into two Stocks and shares isas last tax year
Hi, I didn't realise the rules of ISA's (stupidly) until very recently, and now its a bit too late .... I have had a m and g stocks and shares ISA for 4 years now, which last tax year, i drip fed £50 into each month. I also opened up a fundsmith ISA, which i invested a lump sum in to. This means that i have invested in two…
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Can my small company invest in Euros?
I run a small company and receive the proceeds of some sales in Euros. As the exchange rate is not very favourable for converting these in to GBP at the moment, I have left them building up in a currency account for a few months. I assume the company can invest these Euros somewhere but its certainly not a field I have any…
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The Motley Fool
So having seen many articles by the above my opinion is that they are Fools ! Is that other opinions , who are they what are they ? 7th April 2015 they say positive things about Tesco 9th April 2015 they say the opposite !
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Mis Sold Investment claim - compensation fees
Good afternoon First time poster so please be gentle... I am after some initial advice concerning a company I contacted regarding a mis sold investment. This company did secure a compensation claim but I feel in hindsight that their charges of 30% plus VAT are extremely high for the small amount of work involved. Also as I…
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Question on transferring out of Equiniti
Hello all, I hold a certificated share (i.e. I hold the share certificate), administered by Equiniti. I'm looking to transfer to another broker, but Equiniti charge a £10 fee for the transfer. If I send the share certificate to the new broker (x-o), do they inform Equiniti that the shares are now being administered by them…
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ISA depositing query
My wife has two lapsed cash ISAs (don't ask) with RBS. Last week she went into a branch to get one of them reactivated before the end of the financial year, and has put some cash into it when the reactivation took effect (i.e. before 5th April). The clerk is also arranging for the money in the other lapsed ISA to be…
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Payments By Mistake
Hi all, Hoping for any help with the below, I accidentally transferred an amount of £10k (extra zero) to my fiancee this has already been taxed at source- she has not been requested any tax to be paid, is it ok if she now transferrs the 9k back or will this have tax implications for myself (Even tho I have already paid tax…
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Save as you earn
I’m about to join my first “Save As You Earn” scheme (I think that’s what its called – when you buy shares each month) with my new employer and am considering an “all-in-at-once” tactic – by which I mean contributing the full £500 per month into this year’s scheme. Not because I have £500 a month spare from my income, but…
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ISA or not?
I am retiring in a month or so and wondered whether it is better to wait till then to put my £15k into an ordinary savings account (as I won't pay tax on the savings) or is it always better to open an ISA even though the interest is not quite as good?
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Hargreaves Lansdown Financial Advisors
A friend who lives 200 miles away has approached me regarding help with an very high value portfolio of 30+ shares/unit trusts/investment trusts that they have inherited. They have no income and no cash money other than these investments which are all equities - all the cash went to pay inheritance tax. They contacted me…
