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Childrens savings - £100 interest limit when gifted from parent
Just a quick question regarding children's savings. I understand that if a parent gifts money, there is a limit of £100 interest which can accrue annually before it is added to the parent's taxable income. What I am not clear on is if this £100 limit applies on a 'per child' basis or is taken cumulatively across all…
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Savings advice
Long time lurker but first post so here goes... I would be very grateful for any comments on my saving strategy.I have read this site until my head hurts but could still do with some personalized advice. First the back story. Last month a house move fell through which made me and my wife question a few things. In truth it…
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Second cash Lifetime ISA to launch next week - MSE News
Nottingham Building Society will launch its cash Lifetime ISA on Tuesday - making it only the second provider to offer this type of savings account, which gives a 25% bonus for buying your first home or to put towards your retirement...Read the full story: 'Second cash Lifetime ISA to launch next week' Click reply below to…
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Which Vanguard fund
Have put some funds with Vanguard of which half has been invested in: Vanguard Global Liquidity Factor UCITS ETF (VLIQ) Any suggestions which Vanguard fund to put the other half into?
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Newbie Advice on Investing in Shares
Hi, I have been contemplating putting some savings into shares for a few months now and think I have made my mind up to do so. I have read up on certain advice but there is so much out there. Wonder if anyone can assist? I have a fried who has invested for several years and he always bought shares through a Stock Broker.…
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How to tell if funds are performing well
We have a work pension that is invested in funds and we feel it is very important to understand how to evaluate if it is doing well or not and how to recognise indications that it may or may not do well in the future . I know that no one has a crystal ball with such things but I feel that if we understood and knew how to…
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8% Isa
I have seen an advert from london capital & finance plc , offering 8% fixed isa for 3 years. Is this too good to be true? Or is it a savings that is not covered by the 85k government scheme ?
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investment vs fixed rate bank accounts
I have always had full control over savings using top rate accounts as I do not like risk. Now however due to the death of my husband (age 59) I will soon have over 400K once his estate is finalised. I have sort advice from an IFA recommended to me. He has already sorted ISA's & I am seeing him in a couple of weeks time,…
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Euro denominated bank accounts
Hi, Does anyone have any thoughts on opening a Euro denominated bank account as a UK customer? I think it might be a good idea to start a rainy day fund. Either via First Direct or Santander would be most convenient. Thanks James
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Investing in Turkey
Hi Just wondering if anyone has/considered buying a Turkey fund for medium/long term gains, given how much it has fallen due to recent sanctions? Imagine it could still fall further short term, but from experience these things start to go away and recover Any thoughts on this?…
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Growing dividends from funds similar to good ITs?
I know ITs can hold back some cash to smooth the flow of dividends and some ITs like City of London have dividends that have grown every year for decades, probably by at least the amount of inflation. Although fund dividends cannot be smoothed out in the same way as with ITs, just wondering whether you can expect the same…
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Help requested on Capital Loss pls
Hi, I am about to realise a gain for 2018/19 tax year by selling some private shares next week. I Bed & ISA’d some shares in June 2018, selling them from my Fund&Share account (non-ISA) at Hargreaves Lansdown, and buying them back straight away inside an ISA account. The shares were technically -£6,500 when I sold them…
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Aramco IPO cancelled?
Looks like the sell off of Saudi Arabian oil company Aramco is going to be shelved. https://www.bbc.com/news/business-45275862 This would have had a significant effect on trackers had the listing being in London..
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300k short term?
We are about to sell our house. We will then have 300k cash to buy a new house. Where would you suggest keeping it? Would easy access savings accounts be the only real option, obviously split in to 85k limits.
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Saving
Hi peops. When searching for a 1 year fixed saving account Castle trust never comes up as being the best one, but it is. Alan
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Nationwide savings criteria
I have a Nationwide savings account linked to current account which pays 5% after a year if I meet certain paying in conditions. If I fail to meet these, does anyone know whether that means no interest at all, or for that month, or how these things work? I was doing very well, then moved house and missed a paying in one…
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Savings - can someone please explain?
This may be a bit of a stupid question but... When an account states is has a 12 month bonus of say 0.25%, does that mean you only get that if the money stays in for the whole 12 months?
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Cost of financial advice for money in a trust
My mum came into an inheritance and diverted £200,000 of it to be put into a Discretionary Trust for her grandchildren (there are other reason why we need a discretionary trust). Myself and my brother will be trustees. We need to employ financial advisers, so we sought help from Tilney. We were just about to sign the…
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Paying in pension or buying shares?
Hi All, A conundrum for you to help me solve. I have £300 per month to invest in these options which one do I do? a) Invest in company shares discounted by 20% its a large multinational b) Pay the £300 into the company pension scheme its a DC scheme. c) Pay £300 off my mortgage current rate 3%. d) None of the above your…
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Investing advise please
Hi Guys I'm a pretty savvy saver, I'm single, 35 I've paid off my mortgage and have £28k in savings. I plan on being up to £50k savings by December 2019. That pretty much fills the 'high' interest regular savers and current accounts I have plus a very small amount in a P2P Isa (£2k) and I've got £6k in a Stocks and shares…
