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Private Banking and Investing charges
Hi guys, I have a few questions about private banking and mutual fund charges. In my home country my family has saved a fair amount of money (500k euro) and have access to private banking. When they deal with funds the bank is charging them 0.6% for bond funds and 1.5% for equity funds. No other charges. When I look at…
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Cheapest way to sell Lloyds shares
Just £165 worth. Can login to shareview.co.uk and see them but unsure of best/cheapest way to sell?
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Am I legally allowed to invest?
Hello, I'm currently recieving income-related Employment & Support Allowance (ESA) due to long standing illness. I've recently opened a Stocks & Shares ISA with Hargreaves Lansdown. I've deposited an initial sum of £120 & invested £100 of that sum into a Fund. My question: Am I allowed to invest into Stocks & Shares Funds…
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Single bulk transfer vs small transfers
Hello all I have a big spending to do in an Euro currency country. I have to transfer £20K, I am saving at a rate of £2k per month. Now the GBP EUR currency exchange is 1.40 I am wondering if I should transfer monthly to euros, or wait until I have the full savings and transfer it in a single transaction 10 months from…
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Investment - all returns adjusted for risk the same?
Hi, This is something I've wondered about for a while. I'm just reading The Four Pillars of Investing by William Bernstein and on pg7 he says What I'm wondering, is whether all returns are the same when adjusted for risk? So, for example: 1) I choose a huge bucket of diversified low risk investments. The returns are low…
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Poa advice
I have POA over my father's affairs. He has £25,000 to invest. Can anyone suggest the best place to invest it? He is 94 years old and resides in a care home.
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Paying loan off, best way to earn £££
I have a bank loan which I have been paying off and am now down to 7k left. I have come into a bit of money, enough to pay the loan off outright but the bank wont give me any discount for paying it off early. So I was thinking to put the money into a high interest account and then just leaving it to pay the monthly loan…
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Setting up for some good savings interest.
Hallo :) Looking for a little assistance with my savings. Currently i have a Halifax Ultimate Reward account to which my wages are paid (usually kept pretty empty) and also a Santander 123 account to which i transfer all my money. At present i have 9k all in my 123 account and i'm looking to switch the Ultimate Reward…
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Reclaiming TAX on PPI
I have paid a small amount of Tax that I should not of done. as I was under the personal allowance for the tax year ( 2014-2015 ). I have sent the form off to claim it back- when should I expect the payment to hit my account? Also, I included no documents to prove that I have incorrectly paid the taxi ( even though I have…
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Conditional SIP shares during a buyout
I have a number of SIP shares which are still Conditional, more than three years but less than 5. If my Company is subject to a cash buyout do I have to sell my shares and do I pay Tax on the money I receive? Thanks
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What do I effectively do with £290,000
Perhaps you can help me. I am to be 60 years old in July and am in decent health. I own my own home in London and have no mortgage. For 12 years I have lived off the interest of my savings and primarily done charity work. I teach occasionally on the University level but this makes no more than £3,000 per year. I run a…
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Investment Bond Trust & Income Question
Hi, I have a couple of questions on opening an investment bond with life assurance attached, and taking income whilst the bond is held in trust. I used to work for an insurance company and I remember they offered investment bonds with life assurance attached. Customers would often open these bonds, invest in managed funds…
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Any MoneyDance users out there?
When I download qif files from banks, prevously dowloaded transactions are duplicated and I have to manually merge each transaction. Is there any way to avoid this if banks don't offer choice in date ranges?
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Old Debenhams share certificates
Having a clear out recently and came across a 1998 Debenhams share certificate. Anyone know how I check if it's still valid? Many thanks.
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Standard Life stakeholder pension - thoughts on funds
Hi, I'm in the Standard Life stakeholder pension and have been for around 7-8 months. I'm quite new to investing, but doing a lot of reading. The fund choice in this pension is very limited. I'm currently invested in... 46% SL Baillie Gifford Life Managed Pension Fund 46% SL BlackRock Aquila Connect Consensus Pension Fund…
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Independent Financial Advice
Hi, I've read so much on this site but I am so confused. I really need a way of sorting through all the differing pieces of advice and I am not at all financially savvy. Is there a way of getting sound financial advice when your savings are not at the 100k mark? I have about 40k at the moment and it's in various low return…
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Work sharesave VS CGT
I'm a bit confused with the CGT rules when it comes to my sharesave at work I've agreed to buy the shares at one price, the price now is much higher, almost triple the value :T:T:T They'll be worth over £11,000 - will I need to pay CGT at that point or does it just come into play when I sell them? I've started reading up…
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Capital in a Discretionary Trust
Hi, I am one of two trustees (myself & my wife) of a discretionary trust.that was set up over 12 months ago. At the moment there is £85,000 of cash sitting in the trust's current account with Nat West. It has been there since last October earning no interest. Additionally the trust also owns 50% (£240,000 in value) by way…
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saving decisions
ok, heres the quandary... Im 49 (50 in January) and thinking of taking it easy (semi retiring from when Im about 57ish) I have a pensionable salary of around £55k, no mortgage and no other debts - I already pay about £400 per month into AVCs (I work for BT) I have about £80k of BT shares of which I can only sell within my…
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Best savings account?
I'm looking for a savings account which I could pay into whenever I wanted, but would make me give notice whenever I wanted to withdraw, so I'd have to be more disciplined! I bank with Nationwide and Lloyds, but Nationwide said they don't have such an account and the Lloyds website was really confusing, does anyone know of…
