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United Trust Bank concerns
I am posting this on behalf of a client who runs a charity. They recently set up a savings account with this bank and transferred a large amount of money to them. It was quite a lengthy procedure to set up this account. Apparently you can only transfer once into it. They were given an account number and sort code and made…
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Holding cash in Stocks and Shares Isa
With the end of the tax year looming I'm looking to move some cash into my S&S Isa. By doing so am I correct in thinking it will be protected as in a cash ISA while I decide how best to invest it? I realise interest rates will be very low but its only a short term measure. Thanks.
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Financial planning when job cut looms ahead
Hello If I have a looming redundancy or furlough or pay-cut, how should I plan so that I am protected financially? <br>Any advice, tips and guidance is highly welcome..
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Bonus Plan Shepherd
I have a Bonus Plan by Shepherds, not much in it as I just throw 25£ a month into for the last few years. Does anyone know the surrender value typical of this if I was to cash it in?
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Which FTSE 100/250 companies are trading at bargain prices and not likely to go bust?
Hi all I think there are some real bargains to be had at the moment. But the question is, which companies!? Im curious to hear what other more knowledgeable folk on these forums have to say. For example, IAG arent likely to go bust are they? Or perhaps theyll get bailed-out if there was a chance theyd go bust? Admittedly,…
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Nat West Savings Builder automatically downgraded to primary savings account
Just discovered my Savings builder seems to have been remotely downgraded to primary savings account with interest rate of 0.1%pa. Contacted bank and looking into it for me but I am very interested to know if this has happened to anyone - I received no notification of this happening so am bemused and angry TIA of replies
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Invest in VLS 20% or 40% or equivalent for the next 6 years until retirement?
Hoping to retire in 6 years time and will exhaust my modest SIPP money over a 5 year period, taking lump sum and personal tax amount until by public service pension kicks in at 60. Have SIPP already with funds of VLS 60% and HSBC balanced, which I have been buying the last few years. With now only approx 6 years left until…
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Is Carpetbagging Dead
I've £100 sat in several Mutual Building Societies. Have the rules changed? The derisory % is irrelevant. Is Carpet-bagging Dead? My list includes: Any suggestions please? Britannia Chelsea Coventry Nationwide Newbury Newcastle Norwich & Pet Stroud & Swindon West Bromwich
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I liquidated my entire portfolio. When will this be over (and what shall I do then)?
Not a strictly accurate title, but I couldn't resist.In February I sold the entire portfolio I inherited, which represents about half our retirement provision. I now have £300k sitting in savings accounts, waiting. Retirement starts this year, so it was amazing luck that things panned out that way. My only input was to…
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Switching Trading Platforms
I have been using Hargreaves Landsdown for a long time but now looking at moving investments to Interactive Investor. If I transfer a holding will the returns on the investment be equivalent? Also, on Interactive Investor are the prices equivalent ie the same as H-L?
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Secure Trust Bank 2yr fixed bond
MSE currently shows this as top product but application even as an existing customer with excellent credit rating is not currently possible? [attached]
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Put money in ISA before EOFY, hold onto cash or make the most of exchange rates?
I had been saving up to make my first contribution to my Lifetime ISA by the end of this financial year to make the most of the 25% government contribution, but given the current situation, I'm wondering if that's a good idea and whether I should perhaps hold onto cash instead. Should I: 1. Deposit the full amount as…
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Trading
I am new to trading and a couple days ago I bought 500 shares in Lloyds and 25 in easyjet what do you guys think?
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Calculating investments loss/gain
I recently started investing only in February and I’m confused how to the Hargreaves Lansdown app calculates %gain/loss. I know they try to explain it in the app but it doesn’t seem to have any bearing on the amount I invested and what’s currently left in the “pot”. Do people calculate this manually themselves usually as…
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RBS CLASS STAIRCLAS
Recently I have found RBS CLASS STAIRCLAS on my statement. Does anyone know what this might be?
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issa or saving account
Hi Hope all are safe and well under the lock down? I wish get some help to weather it better for me to open a iSSa or a saving account as will have 6k to play around as the markets are bit volatile at present thus not want to lose the cash in 1 month or Should I put in my son saving account ? await your respose
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ETF fluctuating spread
I bought a rather niche small ETF last week (SPOG) which is S&P Oil and Gas Commodity Producers and have been keeping a casual eye on the price since. This morning I looked and the spread was 19%. 10 minutes later it was 1.99% and the bid price had gone up by 7%. What is going on behind the scenes to cause such a wide…
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moving money from the post office savers as slashing interest rate
Good morning as the title says the post office are slashing their rates on the savers account down to 0.0,1 now I have 28 days to retrieve my money so not quite sure on my next step, as I would assume other banks will be following suite.Has anybody any suggestions as to where to put my cash next.I have been looking at the…
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Bail in to secure to save the banks
How can I protect my savings? New laws were passed to allow banks to use depositors money to save the banks from collapse, known as bail in. However the FSCS protect savings up to £85k. should the banking institute fail. Well the banking institute wont fail if 'bail in' is implemented as they will take savers money,…
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Saving advice account
Hi, I want to save approximately £500 a month, i don't need to access it...does anyone have the best idea on what i should do? There's so many account types it gets really confusing. Thanks in advance for everyones help.
