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de-risk the portfolio with the addition of fixed rate bonds
going to try and de- risk the portfolio in the nexy year or so. Looking to put about half or so into some asset backed fixed rate bonds then will draw the income. Anybody any experience of such products - we are 100% in equities at the moment.
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Phoenix Life Insurance - death payment
Hello, I need some help please ,my mother died a couple of years ago, I had POA and kept her bank account open as now and again and odd payment was made to it, about May time £100 was credited to the account, when I checked with the bank they said it had come from Phoenix Life, I phoned them up and they told me mum did…
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First Direct
In the MSE weekly email it state that FD pays £150 for new switch customers, however when I click the link to the FD site it says it pays £125 for new switch customers. Who do I contact in MSE to correct their error?
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Child-ISA & Savings Accounts
Hi All, We've just had a little girl, And I am keen on starting a savings account and child -isa for her. Savings account: So that we can put money in there for her and have access to it to ensure it gets used for something like university, travelling, car etc. Child ISA - So that we cannot touch it, and allow her to use…
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How do you feel about bank details in email?
I realise that your bank account no and sort code was on every cheque you ever sent... but that was mostly before almost universal internet. I just opened the best buy ICICI 1.65% which needs a first deposit by DD and they confirmed my bank account details by email. I don't recall other account opening confimations having…
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cc purchase
Hi People, just recieved a cc with 36 months balance transfers at 0 `/. but as i cant transfer catalogue balance i now got another cc with 0`/. on purchases which i will balance transfer from but is paying off catalogue and store cards classed as a purchase? Thanks for any advice
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student savings
My son is going to uni soon, and will take out a student loan. He has some savings which he does not want to touch whilst at uni, but wants them to 'work for him' whilst he is there. I suggested putting half in a cash ISA and half in a stocks and shares ISA. Opinions/advice welcome
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Student freebie loophole?
Hey everyone, So I'm starting uni soon and thought it would probably make sense to open a student bank account. :money: There's one thing I can't seem to clarify within MSE, on bank websites or even reading T&C: Are students oblidged by means of some policy to stick to a student account for a whole a year? If not then…
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Tax Liability on bond surrender?
My mum has a "with profits" bond with Aviva. She started it in 1995 with £20k, it's now worth £40k and if I'm reading her paperwork correctly then she's also had approx £10k from it over the years. She rang Aviva today to find out about closing the bond and getting the cash out of it. The person she spoke to said she might…
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Tesco Bank Current Account terms change
There is now no £5 account fee if you don't deposit at least £750 into the account every month. This means it becomes a straight savings account needing no involvement - 3% interest on £3000 max credited monthly. Their letter dated September 10th.
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Are Regular Savers now Tax-Free?
As from next April savings accounts will become tax-free for most people does this means it would be a good trategy to open as many regular savers(with good interest) as possible now and as they will mature after next April no tax wil be paid on entire interest earned? Or is there still going to be some tax taken for the…
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US stocks / shares
Morning everyone. For a few years now I have had a US brokerage account (Merill Lynch). I've been awarded shares in the company as part of an ongoing reward scheme over the past four to five years. Each time my shares vest, I seem to have a crazy tax obligation of nearly 50% (currently 47%). Last week when I modeled the…
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Transferring shares as a 'gift'
Good evening all! My brother and I both have £750 worth of Royal Mail shares and my brother has offered to 'gift' (?) me his full amount. Is there a way in which his shares can be transferred into my name without paying agent's/tranaction fees and who do I need to contact to get this underway?
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£7500 for our son
Our son's bond finishes at the end of this month (think we got 6% on it). Where should we put that money now (they are not offering anywhere near that much now)... Ideas welcome and appreciated.
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Stocks and shares isa- absolute newbie needs advice
Hi there, New to the forum! My grandad left me a bit of money this summer. He wasn't a rich man, but a working man who had investments. I currently have the money sitting around. My mother has advised me to leave it in my bank account and thinks it's ridiculous that I would consider "gambling it". But for me, I know that…
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Financial advisor is outperforming Vg LifeStrategy 80. Should I keep him?
My financial advisor has my money invested in a range of actively managed funds. In 4 years since July 2011, the portfolio he has created has gained about 50%, while LS 80 Acc has gained about 40%, all after going costs. His charges on top of the ongoing costs are 0.42% for the platform plus 2% for him. Everything I have…
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Sealed Copy Of Probate
Hi, I'm writing on behalf of a neighbour. Her mother died in 1990 and the dividends from her small number of shares have never been claimed. My neighbour asked me to look into this "as I have a computer". The company concerned have asked for a sealed copy of probate for her mother's will. I obtained a copy of probate from…
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Where shall I put my money?
Hi all, I seek advice on where to put my money before the help to but ISA comes in to place next year. I currently have £10,000 sitting in a basic savings account but I wish to transfer it somewhere where I can accrue some form of interest and then when the help to but ISA comes into place next year, start placing money in…
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Change of Nam on Shares
I have SBI shared in hard copies which I want to convert Into Demat format. The Hard copies have a spelling mistake in my name . Can some one guide me on how to get the name corrected ?
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When to fix?
Hi, I have around 80k in savings with the plan of paying my mortgage off when the fixed term ends in Jan 2018. Should I put it into a 2 year fixed ISA now or wait and see if rates go up in Jan with BOE possibly increasing base rates? Cheers.
