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Estate Prteservation Acoount - One fir the IFA's
In 1999 my Mother put an amount into an Estate Preservation Account through what is now Canada Life International (CLI). From what I can tell this product appears to be an Offshore Investment bond whereby the underlying segments are written as individual endowment policies, all held within an interest in possession trust.…
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Property Crowdfunding
Hi Guys, I'm new here. I wanted to ask if anyone had used any property crowdfunding sites. There's a few out there. Have you had any good or bad experiences with any of the companies out there. Currently my shortlist of companies I'm looking at: - Property Partner - UOWN - Property Moose - House crowd Best, Roy
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Hidden Charges
I'm struggling to understand what the ongoing charge is for my investment trusts. I use Hargreaves Landsdown for my investments. Here's some examples of what I mean: SMT - Ongoing Charge 0.44% Now in the Costs tab at HL you get a break down of extra charges, where the ongoing charge is 0.84%: HL charges £146.28 Management…
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Trustee
Can anyone advise on how I would do the following. My father recently died and appointment myself and brother as executors. He left 1/3rd of his estate to our children - we are to act as trustees to this money (not a huge amount - around £40k) so I don't really want to involve a financial advisor as from what I have read…
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Gilts & bonds
Hi are gilts & bonds good investment ?
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Fiduciary duty over children’s savings
I invested money into my grandchildren’s Post Office Savings with their mother as the trustee. On the 5 year maturity their father got their mother and their 9 year old son to sign the paperwork to release the cash to his bank account without telling them he would be keeping the money for himself. Doesn’t he hold a…
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Investing or Pension?
Hello, I would like a word of advice from the experts here. I am 46 with a little pension pot from previous employers, about 42K. Homeowner with a mortgage (19 years to go). I have a good job, and currently paying, via salary sacrifice, in the new workplace pension 10% (8% core, 1% myself, 1% matched). My employer would…
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What return could you expect on £100k per year?
Just out of interest really, what sort of return could you expect on £100k per year, and where would you invest it? Would, say... 10% be achievable?
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Fund pricing when trading - platform rounding?
Anyone know to what extent fund platforms / brokers are allowed to round a fund price when executing oeic / unit trust fund trades? For example the price as calculated by the fund manager’s custodian / administrator may be 100.053 but the fund platform uses 100.1.....obviously not a major difference but can be if doing a…
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Investing a Flexible Life Interest Trust
I am trustee for my mothers Flexible Life Interest Trust trust left by my father. My mother is in her late 90's and has dementia. I have an EPA for her. It is unlikely she will ever need the money in the fund and it has been sitting in a poor interest bearing account. I am thinking I would like to invest it in the hope of…
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Wise alpha views?
I currently have a couple of k in ratesetter p2p which will shortly mature for the bonus and am debating what to do with it. I also invest via an isa in ablrate and the majority of my investments are in a well diversified s and s isa so this 2k plus interest is money happy to place in other higher risk assets. I've just…
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Urgent quick fix advice needed for placing £150k
I have sold my house and due to an unforeseen circumstance i now cannot place the money into another property but need to hold it until i know what to do with it. My existing bank account currently has £70k in due to being made redundant (yeah it may seem i'm rolling in cash but i'm actually out of work and living at my…
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Bond return only 1300 over 20 years ?
I am in the process of completing my Mother in Laws estate and cashing in various investments. One Pheonix Life with profits bond £25,000 invested with them for near 20 years returned £1300 after tax. They never show their charges on the statements for the period so no idea whether they have actually taken 2% (which is the…
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Inversting in Gold?
Hello, I have never invested in anything before in my life. I don't have a lot of money to invest (max £500). Do you thinking buying a gold bar would be a good investment? If I put the money into a savings account I always end up spending it. If I bought a £500 gold bar would it be guaranteed to grow in value if I kept it…
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Halifax Financial Services Personal Investment Pla
Hello All Post in regards to: Halifax Financial Services PIPs set up as Family Trusts in 2009. Brief background: My Mother has a cousin. Closest living relatives, grew up next door to each other, their mothers' were inseparable. Mum is 78, cousin is 83. Cousin is now very frail and he fairly recently moved to a care home…
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lost baby bond
took out a Tunbridge wells baby bond for.my son in 2001 moved house and neglected to change my address now I found original policy and it matures this year. how do I trace my account as been paying into it all this time
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account that i can add to but cant withdraw
Hello, I am making money with a 5k float, and wanted to lock away every 500 i make over this every few months to an account but one that doesnt let me withdraw for a set period too, is there anything like this? I just do not trust myself as ill spend it all, lmao.
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Flexdirect paying in and out
Hi there, Just a quick question on the nationwide flexdirect account. I'd like to take advantage of the 5% interest paid on balances of £2500 in the first year. I understand you have to pay in £1000 a month to get the interest but can't find any info on how long this £1000 has to stay in the account, so I was wondering…
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180k to invest for 6 months, but where?
I sold my house last Tuesday and relocated to a different part of the UK to be near my son & grandchildren. I am renting for 6 months until I find a property to buy and the sale proceeds of £180k are currently in my First Direct bank, 5k in my ISA and the rest in my e-saver. I have little understanding of investments &…
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copy trading within an isa wrapper
Is it possible to copy trade within an isa wrapper?
