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Childrens Savings that Parents retain control when they turn 18?
Hi, We would like to start a savings account for our son who is now 15 months old, we would like to save money regularly on a monthly basis and also have the option to pay in any lump sums (e.g. if he is gifted any money from relatives for Birthdays and Christmas etc). The main problem we have is that with most accounts…
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Kids Pay Rent We Save it for them?
there isn't really a question here just sharing a thought i had. Growing up I remember when i got my first job and my parents telling me I'd have to pay rent i thought they were joking at first but nooo. Anyway it made me think as a 32 year old we really struggled to save a deposit for our own home and i'd hate for my…
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Interest Calculator Question
Not sure if this is the right forum area for this question, sorry. The answer is likely just a simple maths one but for the moment the solution escapes me. To make it worse I'm 90% sure I've actually seen a calculator online to do it 'this way around' as the calcs I looked at earlier wanted to know the rate% which I do not…
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Lump sum - what to do?
Odd situation and Im trying to see the best way forward, any clever suggestions and recommendations welcome! A few years ago we relocated abroad and are established in our new country. Jobs, income etc good, outgoings bit lower due to changes in circumstances although we are in a high tax/high cost of living country. So…
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Nationwide Flex Regular Online Saver question
Hi, my Nationwide Flex Regular Online Saver is due to mature on 22 September and I got an email saying that the interest rate will go from 5% to much lower IR and the account will be converted to a Flex Online Saver acct. • Your interest rate will change from 5.00% AER/gross p.a. (variable) to an interest rate ranging from…
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Wait until Brexit to invest lump sum?
I know it's not a good idea to time the markets but I have approx £25k to invest for myself and another £20k for step-daughters. I was going to add to existing S&S ISAs which are managed for us but I'm wondering if we're better waiting until any sort of Brexit decision first or not. Thoughts?
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Lifetime ISA
Hi, I am looking at buying a house in the next 8-12 months. My wife opened a LISA in April and we've been filling it up, i opened one in August to get the clock ticking and to fill up once the first one is full. My question is if we were to buy a house in say June mine wouldn't have been open 12 months? I saw on the MSE…
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Trading US stocks from the UK
What is the best way to trade US stocks from the UK? I was going to use Hargreaves Lansdown but their costs are way too high with £11.95 per trade plus you have to lose twice with the FX as they first convert your GBP to USD when you buying US stocks, then back again from USD to GBP when you sell. This adds up to 2% in…
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Investments for father
Hi, My dad is in his 70's and has roughly £30k invested through Fidelity, half of that in an ISA. I have suggested he sells the funds and transfers the ISA element to Iweb as the charges seem high and he wants to hold funds and not trade. We will also transfer some previous years cash ISA money so that approximately the…
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Amigo
Has anyone on here bought shares in Amigo (AMGO) with the sudden drop? Reckon they'll be on the up real soon.
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NS&I Guaranteed Bonds Withdrawn
There's still a renewal page Only six products now advertised
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Is Morningstar down
for anyone else? I can't log in, and my normal link to portfolios doesn't work.
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Ifa
Hi I am trying to find an IFA to advise my mother. She is retired and needs advice about re-investing about £600k. (She is currently invested with HL's money advice service and is not happy with this). She lives in north Surrey. Is any one able to recommend a good adviser or advise what qualifications etc we should look…
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Taking TFLS "because you can..."
Edit - Apologies - this should be in Pensions, not investments...) What are people's opinions of taking TFLS well before retirement....? I'm over 55, in full time work, and anticipate being so for the foreseeable future... I have never had a "proper" company pension, but along the way have regularly saved in several…
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Best saving combination?
Afternoon all, Just after a bit of advise as to what combination of saving accounts would be best in my position. I am wanting to save £800 a month with £200 of that already going into my help to buy ISA.. I am under the impression that I should have;* Help to buy ISA - £200pm * Lifetime ISA - £300pm * General savings…
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Planning for Financial Independence
Hi, I'm currently 26 and I will be making some changes to my financial planning such as utilising a LISA which I only recently found out about and also increasing my pension to £500 per month. After, I'll also be looking to invest in S&S ISA. Realistically, when do people who are financially independent have more than…
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Advice for young saver
Hi, would really appreciate some advice, my 13 daughter has a lump sum of money from an inheritance which she can not access until she is 18, I’ve read about isa’s, which to be fair still baffles me slightly, and trust funds but still really don’t know the best place to invest it for her to accumulate the most interest,…
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IFA Fees
Are there any IFAs prepared to work on a payment by results basis In other words If they say you will get 4% return and you do get this then they get their fee If it underperforms they get less Obviously there would need to be a pre arranged fee arrangement I would even be prepared to share of a higher return than…
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Stocks and shares ISA - selling down funds - do I need to do this through financial adviser?
deleted thanks
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Mortage overpayments vs Savings
I am currently paying off a credit card which is on 0% interest until 1 May 2020. After reading on the MSE forum, I am now paying the minimum payment each month and putting the remaining monthly amount that would be needed to finish payments by April in to a savings account with Tesco earning 1.46% interest, which will…
