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Child's future savings...
Hi, I'm looking for some advice on which savings account is best for my 8 yr old son. I've told my ex partner/my son's father that I don't want the agreed maintenance to be paid to myself, but I want it to be paid into a savings account for my son. I want it to be available to my son at 18 or preferably when he's 21. It…
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Bank closed savings account
The bank I save with (the one that does broadband, records and planes too!) sent me a v apologetic letter last week informing me that my acct was erroneously closed. Called them up and they explained that a customer whose complaint they were handling had received my entire savings, after the bank had closed my acct for 3…
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University fund products
Hi, Im looking to establish a university fund for my two kids. I'd like to invest a £10k lump sum to which I will add £100/month for 10 years. I'm aiming for an average yearly return of around 5%. Is this realistic, and if so, what products would people recommend ? Ideally I'd like something that I can stick in the bottom…
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Transfer skipton LISA to Moneybox ISA
Finally get down to reviewing my finances this year (We are already five months into 2020! geez, such a procrastinator). Skipton LISA offers 0.35% interest pa Moneybox LISA 1.25% pa. Has anyone transferred their skipton LISA to moneybox or nottingham BS yet? Am i missing anything? such a big difference in their interest…
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Could I do any better
Whilst in lockdown I have decided to
get my head around our finances. I am 59 and my wife is 54. I retire next year
and my wife will also go at the same time. Been reading the pages here for a
long time now and feel even if I were to lose money I would not be paying over
£2000 per year. At present we have an IFA who…
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Moneybox savings a/c
The Moneybox notice savings account is now only available as an App, not online.
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Fundsmith Emerging Equities Trust - why hold it?
I’m interested to hear from people who hold FEET to know why
they do so. It seems to continue to stumble in the dark and this
Morningstar article doesn’t breed confidence that it really knows which corner
to turn next. The trust seems almost Woodfordian/Boltonian in Terry Smith not
sticking to what he knows. Finally, if…
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FSCS Compensation
I have a deposit bond with a bank that is rumoured to be in trouble. If it goes bust, I know my capital is protected but can anyone tell me what happens to any accrued interest? The bond matures on 15 July and any interest is paid on maturity. Thank you
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Hargreaves Lansdowne help
Hi all, I deposited funds into my HL account yesterday after noon but i am slightly confused by my balances: Value of stocks: £3000 Capital Account: -£1700 Is this because HL has allowed me to buy the stock even though they haven't received the payment from my debit card? Thanks
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Set up new NS&I saving account
Hi guys, First time here, so hope the question is not to daft :) I was just in the process of opening a NS&I bond saving account, which I was going to move my redundancy money into, then drawn down on it once a month. At the end of the application process, I was asked for my card details and 3 digit security code. Normally…
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Platforms
HI all, can any give ideas on platforms for S&S ISAs, particularly regarding charges. I have always, in the past, used Elson, but direct. Not through one of their two platforms (Aegon and FundsNetwork) I do intend to make use of the full £20k over the year, and want to spread it across funds this year so want to use a…
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Financial Services Compensation Scheme - Net Claim?
Hi all,Sorry if this has been asked before. If I have a over £85,000 in my current/savings account, and an outstanding mortgage balance (or any other debt) with the same bank, is any FSCS claim based on the net position? So for example if I owe the bank £100k on my mortgage but have £90k in savings then in the case the…
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Experience with Fidelity; ordering Vanguard funds
I wonder what you think about this guys, especially if you use Fidelity platform (by the way I use Fidelity via Cavendish online) I placed an order with Fidelity on the 26th of May for Vanguard funds VLS100 I was given the price on the 27th , which is expected , this was clear from transaction history Today I noticed that…
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Vanguard Life Strategy Minimum Investment
Hi, I'm looking to start investing into a Vanguard LifeStrategy fund and I'm just looking to get to the bottom of what the score is with minimum investment amounts. I've seen on their site it says for a single investment it's minimum £500 - is this just when starting off or at all times? And for monthly instalments it's…
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Paragon Notice Account - Interest Rate Drop
Just had an email from Paragon about my 120 Day Notice Account (Issue 4). It's currently paying 1.5% but interest rate will drop to 1.05% on 10th October. Time to find a new home for the funds in there methinks.
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Closing Marcus account and opening NS&I Income Bond - anything to watch out?
I am planning to close Marcus account on Monday and open NS&I Income Bond on the same date. Although I have had Marcus account for just one month. Is there anything I should be aware of, or watch out - for example, if I permanently close Marcus, will I be able to open it again?
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Old Share purchase
Back in 2000 I bought some share in an American computer chip manufacturer trading on the NASDAQ. The value of the shares almost instantly dropped by over 50% and over the last 20 years the share price has been averaging between 5-10% of the original price so I forgot about them. Over the last couple of years there has…
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Al Rayan rate drop & App login problems
Just went to arrange withdrawal from Al Rayan to put in notice account due to rate drop on Monday and for the first time in ages the App isn't working!! Anyone else having trouble logging on?
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Sainsbury's SaveBack
Has anyone ever used their Sainsbury's Saveback card? I just tried for the first time; handed my SaveBack over to the checkout operator along with my Debit card, as instructed on the web site. She'd never heard of Saveback, and had never seen a Saveback card before. She said her till didn't have a Saveback option. She…
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Post Office Have a Time Machine
Post Office Saver have sent me an email stating that the interest on my savings account is due to change on 1 Jan 1900. :smile:
