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Best Saving account for kids
Hi this may have been discussed before but I wanted to open an account for my 7 years old daughter so that she can start saving money and only to be used once she reaches 18. So the initial plan is to get money in from time to time and nothing out until she is 18. Any suggestions on what is the best choice? Thanks Worring…
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Fund Prices Between Brokers
Hi all, A bit of a basic question. The Vanguard Lifestrategy 100% Equity Acc Fund (https://www.vanguard.co.uk/uk/portal/detail/mf/overview?portId=9232&assetCode=BALANCED##overview) (ISIN GB00B41XG308) is a clean fund, so my understanding is that this means that there is none of the broker kickback percentages going back…
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how much interest do you earn per year? (percent)
Hi everyone, I have been slightly obsessed with my interest rates lately. I try to save money every week and no soon as I do I find myself calculating my total interest earnings for the year then dividing that by the total amount I have across my accounts then multiplying that by 100 to give me my total interest…
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First save
Looking for a 1 year fixed rate bond and found first save to be one of the top rates, anyone used First save, just wondering what their experiences have been as I've not heard of them
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Bequeathing Money To Children
My cousin is in the last stages of a fight she cannot win, and would like to leave some money to her nieces/nephews and a few other children in the family, her husband as hawked me what the best way of doing this as he knows I run my own pension etc. The way I see it the choices are either Premium Bonds or JISA's, but…
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Savings advice for inheritance?
Hi all, My situation is that I've inherited £10,000 (although it isn't actually in my account at the moment), and have just opened the help to buy ISA with Halifax . I'm using £1,200 from the 10k for the initial deposit and then I've set up a standing order from my HSBC current account that my wages are paid into to pay…
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Do I pay income tax on shares employer gives me?
Hiya, 4 years ago, my company decided to give every employee in the company 7 shares each. The shares have just vested and we are now allowed to sell them. However we only have 4 available to sell due to 'taxes due on vesting due to local regulatory requirements'. I have never received shares before and wonder if someone…
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Savings help?
Hello, I've got an ISA of £12k maturing in January and am confused as to the best way forward in terms of where to put it, I won't be looking to touch it for at least 5 years (when using the sum towards a first time property deposit) and I will be able to contribute £250 a month into my savings in addition. I've heard…
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'Superclean' funds
While aware that HL offered 'superclean' funds, and that other platforms had started to, I had not realised that a) they were so available and b) they were offered in parallel to the ordinary clean class, and you had to manually switch to them if you wanted to take advantage. Fidelty do this…
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Personal savings allowance draft legislation
The rules can be found here https://www.gov.uk/government/publications/income-tax-personal-savings-allowance Basically it seems to operate as expected, although the interest itself forms part of the income that is used to determine whether you get £1,000, £500, or £0. Basically if you get a pound of income at 40%, you lose…
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ISA interest
Hi, I can't seem to find the answer to this very easily on Google so I thought I'd try here. I put £10k into a fixed term cash ISA in the 2014/15 tax year. This tax year, I used up my entire £15,240 cash ISA allowance. When I set up my first ISA, it was set up so that my interest would go back ino the ISA account so I now…
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does it make sense ? (saving for a child)
I am a parent and my child has CTF (F&C) in which contributions been made for a few years and hopefully will be made till she is 18. There is as well Halifax regular saver and linked to it halifax young saver where contributions are being made. I do not want her to get control of this money when she is 18 , so I was…
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Savings for Non-Uk Residence
I am looking for advice please. As a UK citizen, no longer living in the UK, but will be coming back within the next two years. Is it possible to have some sort of savings account, without having a UK address? I do still have banks accounts. . Many thanks :)
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Changing statement date
Has anybody ever tried to change the date they get their interest paid? Talking Santander and Tesco`s here. If its doable, I will give them a ring. But if others have tried and its a no goer ,I would rather save my breath.
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Shawbrook Bank reducing their fixed rate bond rates...
Received this email from Shawbrook Bank today: With effect from 11:30am tomorrow Wednesday 9th December, we will be making the following changes - Products being withdrawn from sale: 1 Year Fixed Rate Bond Issue 33 paying 2.15% AER (fixed/annual) Minimum investment amount £1,000 18 Month Fixed Rate Bond Issue 12 paying…
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inspiration for 4K
Greetings all, I have £ 4000 & another £ 2 k in April & its just sitting in a current account since Spring. I have various Isa & max these each year, pension is a bit boring & accesses same funds as ISA these days, my cash fund is ok at the mo & a few shares but trackers in Isa covers these again. (Another Divi yielding…
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Newbie: advice required
Hi all I'm a newbie at all this savings, and looking for some advice. We have a young daughter and want our money to work as hard as possible. Currently we have: TSB: £2000 Nationwide: £2500 Santander: £6000 ISA: £1000 (1%) Am I doing the right thing here? I think I read I should move the money across into the ISA before…
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life insurance
I've just received a letter from Prudential stating that as I've paid 40 years premiums on time, they will make the final 12 payments on my behalf. Is this a con? There has to be a catch?
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Switch help to buy ISA?
Hi, I am looking to open up my first ISA and I've got about £13,000 to do something with. I saw on the recent post about help to buy ISA's that Nationwide do a split account so I could open up a cash ISA and their help to buy ISA together right now. I'll then just trickle the money from the cash ISA into the help to buy…
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Trying to find the correct fund?
Hello, I'm looking to regularly invest in a fund that tracks the whole of the US equity market. 'Vanguard Total Stock Market Index Fund' seems perfect, but I don't seem to be able to find it available in any of the UK platforms I've looked at. (https://personal.vanguard.com/us/funds/snapshot?FundId=0085&FundIntExt=INT) In…
