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Can I get a joint savings account for three people?
I have around £80k that I need to keep safe and earn a bit of interest. It's shared equally with my brother and sister. I'd really like to put it in a savings account in all three names, but all the accounts I've found so far specify a maximum of two people. Does anyone know of an account that allows three?
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alternative low-cost to VLS80 etc
People are saying VLS80 is possibly due a crash – due to heavy US and bond allocations – so which other low-cost trackers could mitigate this? I’m currently £850 in VLS and £200 in Woodford equity income, looking to put another £5k-ish into equities now…
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electronic identity checks
Does anyone know what sort of electronic checks are carried out to establish identity? Last year my wife and I both applied (on the same day) to the same building society to transfer our ISAs. Mine went through without hitch but she had a letter to say her identity could not be verified electronically and if she wanted to…
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Lump sum help....
Hi all, So I am separated from my partner and he will be buying me out of a jointly owned property for between 55-60k... I am on a part time wage (very low under 10k a year) and receive top up of tax credits (work and child) now I know they arent affected by the amount of savings but only the interest when I receive it if…
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Cavendish Online lump sum vs monthly saving plan
I'm registering on Cavendish Online (stocks and shares ISA). I have these options: 1. Invest a lump sum 2. Set up a Monthly Savings Plan I would like to pick the first one, but also invest variable amounts over time. Is there a limit to how often and a minimum to how much I can invest on the next lump investments? Or am I…
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What to do with inheritance money...?
Hi all, I'm after some advice if possible. I inherited some money a couple of years ago and it's currently just sat in a couple of different accounts. It's about 70k and split almost 50/50 between an ISA paying 1.6% and another account paying less. I currently live in a rented flat which I'm tied to until September. I had…
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Opening a savings account when non UK resident
Hi everyone I have a question about opening a UK savings account when not resident in the UK. I currently have an HSBC current account and HSBC fixed rate savings account. I've noticed that other banks seem to be offering much better interest rates so I'd like to move most of my savings out of HSBC to somewhere that pays…
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Platform Fees and Money Market funds
Hello All, I am on HL where basic fees are .45% per annum fund held. Money Market funds currently expect to return less that .45%. For example, Henderson Money Market is returning much less than .45%. Does this mean effectively that one should not invest in Money Market funds through HL or other UK platforms? Note: I am…
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Expat Investment - £75k
Hi all, been a while since i was on this site but remember how great it was for info and advice. I am UK expat now living in the Middle East, i have amassed a size-able amount in an offshore account and to frank feel like it is just wasting away in there and should be doing more for us, hence i would appreciate some help.…
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A Reasonable Balance or Time for an IFA.
In a quandary on whether or not it would be worth seeking some expert advice or if where I've ended up isn't too bad:- Age : 47 and 42 Both employed (30 and 18 years same company) Final Salary Pension: Company pays in 15%, we both pay in extra 5% to ensure we can retire at 60. Both pay AVCs of £500 per month Offset…
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A quick savings account question
So I'm 35 and wanting to save X amount of money per month I have a ISA which I have never paid a penny into and im useless at keeping what money I have saved out of the clutches of my greedy self ie ill save 100 and spend it on a whim which I know is very weak willed of me which leads me to my question.... Are there…
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LLoyds shares - Tory 'offer'
This cant be good news for existing share holders? Its certainly better value than the DRIP scheme too. http://www.bbc.co.uk/news/election-2015-32366391
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Withdrawing money from HL
Morning all I have been looking at the small print on HL,s and Fidelity sites and cannot find what I am looking for,myself and the wife are holding 260K in HL within 18 funds and 14 funds in Fidelity and done very nicely over the last 17years. The time is coming where I may need to take stock and defend our investments…
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Moneyextra portfolio closing
I have used this for nearly 20 years - but it is closing next week. #Can anybody recommend an alternative? all I need is the ability to value my shares held and savings accounts (which I update manually every month) with a total at the bottom. All the ones I have tried so far appear very complicated or American based. I…
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Small Investment
I am looking to invest a very small amount, under £100 even less to start with if possible. I would invest the amount, hopefully make a small profit, then reinvest, hopefully make another profit and then so on and so forth. Is this possible or is it an unrealistic dream? If it is possible where do I start? Without stating…
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Anxious about S&S ISA Choices
I put £13000 into a S&S ISA in the last moments of the previous financial year with Axa self investor. But what to do with it?? I am a total novice with investments. I am 53, single, no dependents, no debt, rental property, basic rate tax payer (but working overtime pushes me into higher rate), just started and joined work…
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Borrowing to invest.
I currently pay £200 a month net into my pension fund. If i borrowed £11000 over 5yrs at 3.7% then this equates to £200 a month. Would it be a horrendous idea to borrow the money and invest it, then put it straight into the pension then use what id be putting in every month to pay it off?
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ROI of index funds?
What kind of interest do people tend to get on index funds? Is it above 5%, above 10%? I'm trying to work out priorities with the current accounts we have and what to do when the annual 6% accounts mature and our stash spills out of the current account pool.
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Standard Life and their ISA Platform
Standard Life will no longer provide an ISA platform and Standard Life is about to transfer my Standard Life Investment Trusts to the, extremely expensive, Alliance Trust ISA platform. One option is to sell my Investment Trusts and have the proceeds returned to me. (I am not concerned about losing the ISA status). However…
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Small caps to complement VLS
Hi all, Ive got a small amount of money invested in S&S ISA - currently sat in VLS 80. In terms of diversification (& potential long term returns), I realise that this tracker misses out on small cap exposure. I have read several times that when you go for small cap, it is best to go active as it is an under researched…
