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I'm addicted to saving
A few years ago I was pretty broke so I had no incentive to save because the money I was saving didn't seem to make much of a difference. Now I'm actually doing well for myself and making a decent amount of money I've become addicted to saving. I don't like to spend any money unless I absolutely have to but I'm starting to…
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MSE News: Safe savings limit to fall by £10,000 to £75,000 from January 2016
If you've got more than £85,000 saved with one institution, you should start thinking about moving your cash around... Read the full story: Safe savings limit to fall by £10,000 to £75,000 from January 2016 Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works,…
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FSCS cash limit coming down to £75K / new £1m temp protection
Hard to believe, but from Jan 1 2016 the FSCS limit for cash protection is coming down to £75K. http://www.fscs.org.uk/news/2015/july/new-deposit-protection-limit-coming-on-1-january/ In slightly better news: From today, 3 July 2015, depositors with temporary high balances will be covered up to £1 million for six months…
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Endowment maturity 25K - investment suggestions please
My 25 year endowment finally matures for about 25k. Worked out it returned about 5% pa. My mortgage is paid off so I'm after some investment ideas. I already have some savings, probably too much in banks & not enough invested elsewhere. I now try to max out my ISA - half cash & half shares (L&G tracker, are they any…
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Can't close TSB monthly saver?
My monthly saver matured some time ago and turned into some low rate savings account. I emptied it. With Lloyds Club it was easy to close the account and open a new one. I don't see this option with TSB. I thought they had the same IT systems?
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Help with BM Savings please
Hello everyone :) I'm not financially savvy, but doing my best atm. I've opened up an an account with BM Savings. How do i deposit money by direct debit? My Linked acc is Halix. Sorry if it's a dumb question. Thanks in advance for your help . :A
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House Deposit
Hi I currently have the deposit for my current account gaining no interest. Is there somewhere I can put it for a few weeks to get some interest? Thanks
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HSBC Global Investment Centre glitch?
When I log in and click on "My Investment Documents" I get a page of links to various PDFs. That only runs to Dec 2014, so I should be able to click the "Next" button at the bottom to go to page 2, but all it seems to do is refresh the same page. I've tried 3 browsers on 2 computers with no luck. If anyone here uses GIC,…
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Virgin online savings
Just had an e mail from Virgin Money advising they are reducing their online easy access interest rate to 1.01% Well it's goodbye from me,looking were to put 50K any advice
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Child turning 16
Hi I was hoping for some advice on the best way to progress for a child turning 16. At present he has a Halifax Kid's Regular Saver 6% linked to a Young Saver 3%. Both products are only available until the 16th birthday at which time Halifax is supposed to get in touch and offer alternatives, which I suspect are just going…
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Premium Bonds withdrawn from Post Offices
NS&I have announced that, in future, Post Offices will no longer be permitted to sell premium bonds. This is a strategic, management decision to take all NS&I products away from Post Offices, forcing customers to go online, use the telephone or write a letter. Whatever happened to all those promises? The wonderful rhetoric…
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What's the best thing to do with £260k for 1 month?
Having just exchanged on the sale of our investment flat in London, we (my wife & I as joint owners) are due to complete on July 15th, and once we've paid off our mortgage, we'll have just over £260,000 in our bank account for about a month, hopefully not much longer, depending on how quickly we can complete on the…
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Junior ISA
Hi Does anyone know if you have to wait until a child is actually born before you can open up a Junior ISA. We are expecting and I wanted to know if you could start a bit sooner or if the application relies on their date of birth etc...
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Bank or new Independant financial advisor
I currently do not have a financial advisor for a few reasons I have got several investment bonds and having to make some decisions to possibly to take some money from this I realise that I should do something to get some advice My question should I use the financial advisor at Santander or should I look for a independant…
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Virgin esaver interest down again!
Just had email that my Virgin easy access esaver account interest is being reduced from 1.21% to 1.01%. Only last week I read that rates had reached their lowest now and the only way was up! I am suspicious that Virgin have reduced the rate so that when rates do rise generally they can change it back and claim they have…
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Accessing Top tracker in a junior isa?
So as a novice I've spent a little while trying to gain information on a good tracker fund for my twins but while this info sees to be easily found ie the telegraph: "The top five FTSE 100 trackers were Lyxor UCITS ETF FTSE 100, iShares FTSE 100 UCITS ETF, Santander Stockmarket 100 Tracker Growth, Source FTSE 100 and HSBC…
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aspen woolf investments
https://forums.moneysavingexpert.com/discussion/5242064 Some of you may want to have a look at that thread on Aspen woolf investments and may feel inclined to express your opinions both in that thread and this one. Apparently they have complained to mse about a comment I made and have asked for my personal details so they…
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help needed
Hi everyone, i have got a question for you experts and hopefully someone here can help me out. i am looking to save and plan for my 2 childrens future my eldest is 9 and youngest is 4. a typical course at university is around 3 years and i expect to hopefully give them £15,000 per year so i need your advice on the best…
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Nationwide regular savings account
Hello, I am looking at opening a Nationwide Regular Savings account, however I don't really understand how these types of accounts work. I am aware that the interest rate depends on the amount of money deposited, however do I also earn interest on the balance as well. For example If I have £500 already in the account and…
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whats better for childs university fund bare or discretionary
Hi everyone, can anybody help me out and tell me whats better type of trust for savings i have for my childrens university fees. would you suggest i look into a oeic or a investment bond ? thanks
