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money to invest
im 50 years old no mortgage and I'm debt free had a windfall on ppi a couple of years ago. so got some cash to spare I've probably around 40k in bank 11k is in my isa and I've not put this years allowance yet, the other is mostly in regular savings and online only accounts all with nationwide i had a pension that was…
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Current Account advice needed...
Hi! I am looking for some information or advice from people out there about dual currency account. Basically my situation is that I live and work abroad (in Asia) and have recently agreed a new job where my salary will be paid in Euros in Net and the company takes care of all the tax implications. I am also able to be paid…
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How goes your Greek Fund?
As part of a no-meddling drive, I made a pact not to look at my investments for 3 months. Dread to think what that Greek ETF is doing. Ouzo, anyone?
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£3000 limit for cash gifts
I know that the maximum amount you can gift to family or friends tax free is £3000 per year. Does this just relate to inheritance tax? If your total estate falls below the inheritance tax threshold of £325000 can you gift any amount of money to your family tax free? I've been searching the internet but can't find a…
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Is this gross figure right for a net saving payment
Net £108.00 Is gross £129.60p, it looks right @ 20% tax, just making sure.
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Investing £180k for one year.
Hi, Looking for some advice please. Due to a house move and the slow selling of my previous home I find myself in a situation where I have £180,000 to invest for one year. Any investment needs to be low risk as in one years time I will pay off a big chunk of my mortgage with the money without any large early settlement…
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Moving Away from Savings
I wonder if there are many others in a situation similar to mine...? I am a basic rate PAYE taxpayer and nowhere near the higher rate but manage to save enough every year, mostly through thrift, to put the maximum into a stocks and shares ISA annually. I have also managed to squirrel away a six-figure sum into various…
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Basic Savings Advice
Hello. Looking for some straight forward savings advice. I'll start with a brief overview of my financial circumstances. I'm 32 years of age and I have no debt aside from a small mortgage of circa £64,500K at a fixed interest rate of 2.78%. I currently have £1000 saved in a Nationwide cash ISA at a rate of 1.75% gross. I…
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Lloyds Bank ISA - Dormant?
I have an ISA with Lloyds Bank. I was wondering, does the account become dormant after a certain period of time if I haven't transfered any money? I guess that receiving interest annually doesn't count towards money being transfered.
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Tesco Bank sent me loads of R85 forms
I had already sent a R85 form to Tesco Bank for my 2 accounts. Today I received 2 envelopes from Tesco Bank, one with 1 R85 form and another with 5 R85 forms... Bit strange I thought?
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How to check fund performance over last 15 years?
I've been browsing here for a while now, and it seems that the more I learn, the more I'm losing confidence in what I currently have. It would appear that my fund is actively managed and quite expensive. This would be fine if the performance has warranted the cost but I'm not succeeding in finding the means to compare.…
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What to do with Euros - save or exchange?
Hi everyone, I have about 25,000 euros from a property sale abroad but I am not sure what to do with it as the exchange rate is really bad at the moment. I can't see much improvement for a long time so I don't know if I should exchange it and accept the loses (being £2000 at least worst off then 6 months ago) or shall I…
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Scottish Friendly Moneybuilder ...
Hi, I started a savings scheme with Scottish Friendly about two years ago without looking too much at the details .. thought it was just a good idea to start putting by. Got my first statement and I now realise it's for 15 years and obviously I may not get out what I put in in that time. I've paid just over £500 so far. Is…
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Advise on claiming old Share Dividends
Hello, My father holds shares in Lloyds banking group. this morning he received a letter from a company who had been appointed by lloyds to find him as there were unclaimed dividends owed for his shares. after looking in to this i discovered that this was due to the fact the address help by the register was our old address…
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Investment/Savings advise for £thousands needed unemployed status
Hi, I am currently on income based benefits. I have below £6000 in total in my 2 normal bank current accounts just sitting there. I like to make the most of the money instead of it just sitting there. Any advise on how to make the most of it short term or long term that wont affect my benefits? Thanks,
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Cash ISA - Annual Allowance & Interest Question
I have a question regarding annual ISA limits and interest. Lets say that you deposited the maximum amount (which, I believe, is £15,000 at the moment?) into a cash ISA at the beginning of the tax year and you opted to receive monthly interest. Wouldn't that mean that any interest added to the account would result in…
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Account that not reported to Credit report
I have some savings and want to keep it somewhere so my family and Mrs can't guess it and the account that don't reported to Credit reference agencies. I don't mind if that pay any interest or not, it's just a money not going to use for year unless I buy my own house. Please advice
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Diversifying large amounts across platforms
Anyone got any particular views on whether it is worth diversifying your holdings (e.g. SIPP/ISAs/shares & funds etc) across a number of different platforms if they total well in excess of the FSCS £50k limit? My understanding is that platforms generally will hold your investments in a nominee account that creditors should…
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Buying fund- ACC vs INC - charges
hi i am aware of the difference between ACC and INC funds. If i choose ACC fund, the dividend is automatically put back in the fund. For this "top-up" do i get charged by share dealing platform as a "transaction" fee or is it automatically done by funds themselves? I know fund manager charges will also go up but that i…
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Trade the FTSE 100/250 spread
Hi, Is there a way for an amateur investor to take up a short position against the FTSE 250? The only investing I've done previously has been in equities for dividends as an alternative to 0% interest rates. I have done ok with this but I am interested in the following scenario: FTSE 250 index has vastly outperformed the…
