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Government Help to Save account - Pays 50% Bonus.
Seems to be a new Government saving account to help those on low income to save. Only available to those in receipt of Working Tax Credits. Full details here: https://www.tax.service.gov.uk/help-to-save/about-help-to-save Help to Save is a savings scheme backed by HM Treasury, so your savings are 100% secure. You can only…
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ISA or savings account
Newbie here. First post. I am trying to get my act together re: my finances. At the moment, I have £2000 languishing in a 0.5% ISA and I know I need to move it but I feel paralysed by the fear that I will end up choosing the wrong product. Should I move it to a savings account (and will I lose interest if I do this? Does…
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One more IT for this years ISA...
I've about £2.5k left in this years ISA allowance which currently looks like: Fundsmith 25% Lindsell Train Global Equity 25% RIT Capital 25% Shin Nippon 12.5% There's plenty of cash in reserves and I'll be maxing out each year for plenty of years to come with plenty of opportunity to rebalance/adjust if required. Where…
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Cavendish website issues
I've been trying to start a pension with Cavendish online for the last two days, yesterday evening the webpage wouldn't load at all over a period of several hours and today all is well until I get to the confirmation page after entering all the details when it returns an error message, try again in a few minutes. Am I just…
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Child’s trust fund
I was in a car accident last year and I put a claim in for my daughter which claim has been excepted now it’s going to court to find out which trust fund it will be put into after such a difficult time last year I’ve decided to go on holiday and told my daughter she good have 500 out of money to take on holiday for spends…
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Personal Savings Allowance - Missing Accounts
Hi, Just posting this in case anybody else has had their taxable interest calculated incorrectly due to the new personal savings allowance scheme. I've recently received the HMRC documents (tax owed for 2016/17 and tax code for 2017/18) showing how they've worked out what interest I earned I earned during 2016/17. The…
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New share issues disccussion
Hi got a notification from my online broker about the IPO of Augmentum. http://www.cityam.com/280959/rothschild-backed-fintech-fund-augmentum-announces I'd be interested to find out what others think about this. Is there anywhere these sorts of things are discussed? I've tried a couple of my usual forums and can't find…
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Vanguard advice
Hello New to investing and reading lots to understand as best as I can. Looking at saving monthly into a S&S ISA. Looking at life strategy and target retirement funds. Retirement fund 2045 vs Lifestrategy 60% fund. Any advice pls? Money to be used possibly for early retirement or helping children out.
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Childrens' savings/investments/pensions
Hi all, I have a 2yo and I would like to start some sort of long-term savins for him, perhaps starting at something small like £20-£40 per month. My original thoughts was something like a child's stakeholder pension. However, also thinking about some flexibility...so I then went down the route of £20 into pension, £20 into…
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Transferring to ISA to avoid paying tax on savings
I have 2 questions relating to this. I've read the following MSE webpage: "Top cash ISAs 2017/18" At the bottom of the page under 'Alternatives to ISAs', the answer to the first FAQ states: "But if you're thinking "I want high rates AND a tax-free savings pot", there is an answer. You could put cash into a higher-paying…
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Saving/investment for 30 year old
Spend a lot of time on the site and these forums reading other opinions and strategies. I have a mortgage (60% LTV) I have a £50k job I have a generous pension (DC) 6% me, 12% employer I have over £20k cash and similar in shares/funds but mixed performance due to poor choices few years ago, but more recent choices doing…
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Looking to open my first SIPP > Thoughts Please...
After reading posts on here and learning, I have recently opened an iWeb S&S ISA and put this financial year's full ISA allowance with VLS60 within the ISA wrapper. I'm now looking to open my first SIPP. Here is my back story..... I'm a male, 52 years old (almost 53), my state retirement age is 67, basic tax payer and I've…
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Best child saving accounts?
So I would like to save some money for my child. Share some experience and ideas please? What account should I open?
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Staying track
Hi All Looking for some advice on savings and investments! Im late 20s and live with my partner, who owns our home outright. There!!!8217;s no plans for us to move or buy together - so I am working on this basis! I have just sold my home, and have the proceeds from the sale (£40k). To continue building for my future as…
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H2B Isa to Lisa bonus query
Hi My son is thinking of transferring his H2B to a Lisa. After this year April 2018, the bonus is going to be paid monthly apparently. So what happens if you deposit the full £4000 at the beginning of the tax year, start to receive your monthly bonus and then decide to buy six months down the line. If you buy say in…
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Gold ETF question
If I choose a gold ETF, should I limit my choice to one that says it is backed by physical allocated gold or not? What are the implications or benefits or risks for investors that choose one or the other?
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Best platform?
Hello, My wife and I have about 150K GBP to invest across ISAs and General Investment accounts. Our research so far points to accessing the Fidelity Fundsnetwork via Cavendish Online which has a 0.05% advisor fee (although they don't offer advice), 0.20% platform fee and the fund AMC on top (typically 0.75%, I think) -…
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First Time Buyer needing savings advice
Hi all, Apologise if there is another thread of similar ilk. I am a first time buyer who would like to buy before the end of the year. I need advice on savings as this is the first time I have ever saved money (definitely more of a spender than a saver) :rotfl::rotfl: I have a help to buy ISA but I have no idea about…
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With profit bonds closure
Hi, we are buying a second home and are trying to raise the deposit, we are remortgaging our family home (17%) to fund the rest of the cost. Most of our investments / deposits are coming from ISAs but some iare coming from a with profits bond. It was opened in 1996 with £17000, we withdrew £8000 in 2004, now the closing…
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Post Office Online Saver....here goes!!
Well, yesterday I opened one of these, despite the negative comments on here. So lets see how it goes. I've only asked for an initial deposit of £5, and £10 p/m DD after that. All seemed very straight forward on their web-site, so will see what happens next!! I don't plan on accessing my money just yet, so the 8 day rule…
