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Help to Buy ISA
I'm looking for advice for my daughter, who is employed by the UN as an aid worker in Africa. She moves quite a bit, and her only official address is our address in the UK, where she stays when she's on rest breaks. She is paid in USD but as she has little opportunity to spend, changes her income into GBP and saves most of…
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Nutmeg bonus
Hi all, Last year I set up an investment with Nutmeg through a link on MSE weekly newsletter. The offer was open an account, deposit £800 and monthly payment of £100. I'm pretty sure you only had to invest a total of £1200 to qualify for the bonus but I have continued with the monthly investment. I cannot recall what the…
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Selling (or keeping) shares
Hi My mum passed away recently. I've managed probate and helped my surviving father with the estate. We have grant of probate and most things are sorted now. I found various references to shares with the 'commonwealth bank of australia' in paperwork. My dad assured me these were old holdings and they had been sold some…
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Trust accounts - trustees are adults
So my parents set up what they thought was a Trust Bond with Santander to be told it was just a normal bond and now they won't immediately pay out (as was my father's wishes on his death) without Probate. My question is, my mum also set one up so she wants to move it to a Trust Bond otherwise the same will happen again on…
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TSB advert - 3% on a current account
Hi I've just seen an advert for TSB and Im sure the voiceover lady (sounds like the woman from Boardwalk Empire) said 3% interest on a current account with no monthly fees. I've checked the website and cant find this. Anybody know of this account. I was watching online so Im thinking maybe it was an Irish TV stream. 3%…
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stocks and shares isa vs mortgage overpayments.
Hi, hopfully this is in the right place... I've got a mortgage at 2.24% fixed for 5 years with 30 years left. I can overpay this without any intrest charge. (upto 10% but wont be paying that much). do I overpay £100 a month or set up a stocks and shares isa and put the money in there then in 20 years or so I should have…
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Phenco limited
Has anyone had any dealings with this company? A recently deceased elderly friend was cold called by them about three years ago. She bought £12000 worth of shares! It’s also worth noting she could not read or write. Her solicitor has been told by them it may take years to receive recompense.
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S&S ISA newbie
Hi, First time poster. I'm looking to open a S&S ISA, probably deposit £1000 and drip feed maybe £50 per month into it. Now as someone with limited knowledge, apart from snippets i've read on here and reddit, I was thinking of opening an account with Vanguard and investing in one of their Lifefunds. I'm just looking to see…
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Tax on Savings
Could anyone help me with a tax problem? I am a low earner having recently retired. My total income (pension) is just lower than my personal allowance of 12500, but I do have savings. HMRC have just told me that because I do not pay tax, I do not qualify for my personal savings allowance and therefore I would have to pay…
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Saving for the future
Ive recently paid off my mortgage and have around 10k to put away. Obviously with no longer having a mortgage payment to make im also able to save around £500 per month. Im 46 and work for the home office so have a reasonably good civil service pension. Im looking to put the 10k jnto an S&S isa which i would be looking to…
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NS&I ILSC maturing May 2019
My index-linked NS&I savings certificate matures in May 2019. It was originally 5 years from May 2011, then I renewed for 3 years in May 2016. Doh, I should have renewed for 5 years in May 2016. The 2019 renewal is at CPI inflation, not RPI inflation. If I'd renewed for 5 years in 2016 I would have got an additional 2…
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bonds or REITS?
Hello Sorry if this has been discussed somewhere already. Currently I only hold all world tracker equity and am looking to diversify my portfolio by introducing other asset classes i.e. fixed incomes/properties. I am reading around bonds and REITs and understand that they are useful diversifier with low correlation to…
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Corbyn proof your portfolio.
Article in Trustnet here I was in Artemis many years ago when it topped the tables, but now it underperforms the all share - what's the point, unless you believe those firms will recover quicker than others? RIT I don't argue with, I have it myself as a capital preservation choice. And smaller companies? Surely the last…
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Contacting Icesave
Hi everyone, I'm structuring my financial information and would like to get some details on accounts I've held in the past. I'm trying to get hold of when I opened and closed my Icesave account, and closing balance etc. I opened this account when I was a lot younger and I wasn't very diligent with record keeping at the…
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SIPP for Elderly person
Asking the question on behalf of an elderly person who for the first time in many years has just started paying tax, slightly under £1500 a year. Question is should she open a SIPP to pay into in-order to dissipate that tax liability or is the cost of doing so more than the saving available. Personally I have little…
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Santander Isa Rate just dropped!
I just called Santander's to find out about their easy access ISA and it has just dropped from 1.5% to 1%. Very disappointing but that's why they call it a variable rate.
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Top bank accounts that pay savings interest
First a disclaimer. I am new to the forums, secondly I really only wanted to pose a question to the MSE team, but don't know how to send a message directly. The question is, why is the Santander 123 current account not shown as a "top bank accounts that pay savings interest", since the 1.5% interest on the account applies…
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Expat Investment
Hi, I am 28 and have recently moved to Qatar, I have non resident status in the UK. I would like to start investing my money whilst also overpaying my UK mortgage, I currently owe £282,000 and have 27 years remaining. I plan to significantly reduce this term by making overpayments of 10% per year. My UK home will be rented…
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Doing the right thing?
Hi there, I’m after a bit of advice/validation. Bit about myself...Mid 40’s married with 2 older kids, one working and one may go to Uni in next couple of years. Financially I’ve a mortgage of just under 170K, no cc debt or loans, £100k plus in shares/unit trusts and a couple of pensions, one is a final salary that will…
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Switching money from a CTF to a JISA
Good morning I have decided to switch my daughter's money from her Child Trust Fund to a Junior ISA. She is 10 and we have paid in £10250 and now the fund is worth £12600 and so we are looking for a better return. Is it possible to switch half of it to a Junior Cash ISA and half of it to a Junior Stocks and Shares ISA? I…
