-
Using own acc for a trust fund payout
Having sold (as trustee) some of the SMT fund within the bare trust I opened for my grandchild, its now as cash within the trust .A portion is destined to go to a BS where the child already holds a CTF which hasnt been funded for years. The trust only releases money to my nominated acc. Can I presume me sending it on from…
-
Exhausted all options? Where to save my money?
Hi EveryoneIn short, I basically want to ensure my money isn't just sitting around losing out to inflation. First of all I'll lay out my personal situation and then further down I will say what current setup I have with money etc. to hopefully make it easier for you to advise. I'm 27. Living with my parents. No plans to…
-
Unit trusts vs bonds
Hi guys - want to keep as brief as possible. One person company director - entered into the scary world of investments a few years ago after suddenly losing my father, selling his property abroad at a loss and going self employed (and as such needing a pension). My money that isnt sat in current accounts is spread across…
-
Password breach warning on HL?
I got a bit of a surprise fro Google Chrome when I logged into my HL account earlier (see image below). When I clicked on the information bubble, the pop-up said that Google checks passwords that have been "published" and found mine ... and it's not as if I use 1234 or 9999 so I'm a bit confused as to how it would have…
-
Including dividends in the returns
The fund I'm invested in at the moment is the Vanguard global all cap which has a "yield as a close 30th April 2020 2.06%" Does this mean from April 30th last year the fund accumulated 2.06% in dividends? So if last year the fund grew by 5%, in reality it grew by 7.06%? When I use a compound interest calculator how can I…
-
Understanding investment gains/losses
Can anyone offer some guidance on understanding investment gains and losses and how they are calculated? I use both HL to invest in funds, and recently the FreeTrade app. to buy individual stocks. From what I've read, FreeTrade calculates the gain/loss based on first in first out the calculation, but HL uses an average…
-
Do growth data adjust for costs?
I feel like this is a naive question, but I'm trying to figure out how to translate growth data obtained from a provider's platform (I'm in a SIPP and ISA with Fidelity, but I guess the question applies to others). I mainly look at three things: (a) growth of a specific fund, to decide whether to…
-
Inheritance to my children from their great nan
My nan passed last year and has left some money for all of her great grandchildren And we are looking at open some sort of account preferably one that they can’t access till a later date. We aren’t in a financial position atm to open anything that requires a minimum payment per month (if there is such a thing) and I also…
-
Looking for some advice :)
Hi all, My current situation is as follows: £3100 on 0% credit card (18months left at this) currently paying £100 a month HSBC mortgage - 1.59% fixed until June 2022. Currently overpaying approx £150 a month I have 2 regular savings HSBC 2.75% and Virgin 2% of which I am maxing out most months. I have also been…
-
FTSE Global All Cap vs Dev. World Ex-UK - UK/EM to blame?
Over the past 5 years, the Global All Cap fund has grown by approx. 30% and the Dev. World Ex-UK fund has grown by just over 63%! (YTD GAC is up 0.7% and Dev. World Ex-UK is up 4%.) What accounts for this massive difference? From what I see on Vanguard, the two funds appear to be relatively similar in terms of their…
-
Halifax Additional Permitted Subscription(s) (APS) ISA(s)
Hi All Not been here for a while. What I want to talk about is a bit difficult as, it is related to my late Wife's 2 x FRISAs with the Halifax. I seem to have hit a problem with the Halifax which I want to share with anyone else who is recently bereaved and their spouse had ISAs with the Halifax. In principle, the 2 FRISAs…
-
Savings for Teenagers
Hi I have two teenagers (16 and 12) and until very recently ive never been in a position to put money away for their future. Something im not very proud of but unfortunatley circumstances dictate etc. Now im financially able I want to set up some sort of savings or investment in the hope they can have a lump sum they can…
-
Saving Advice
Hello Everyone! I am a long time lurker first time poster, I have been thinking I want to get started on saving money whilst I’m young to get me in the habit, can anyone give me some advice on ways to save effectively, something I can stick to. I don’t have many outgoings at the min a couple of bills, credit card, phone…
-
A J Bell Sipp
Hi, Just after some general advice. I have £32,000 in my Sipp with A J Bell waiting to be invested. After doing some reading online and on this forum I have decided to put it into the moderately adventurous fund. I am 58 and might retire in 9 years ( enjoy my job). I have a full state pension and will eventually have a 20…
-
Debit card payments to NS&I not clearing
My daughter thinks a debit card deposit into her national savings and investment income bond took 2 weeks to clear. I made a deposit myself by debit card four days ago into my own NS&I income bond. Although the balance shows very quickly the amount available to withdrawn is still zero. Is this normal? They don't seem to…
-
Cost of S&S ISA on the Vanguard platform versus iWeb
Were I to put £30000 into an S&S ISA by transferring from an existing cash ISA, and to choose just the VLS60 fund (portfolio) and then hold it for maybe 10 - 15 years (or longer if necessary to try to achieve a reasonable return), is it correct that choosing iWeb as the platform would make more sense than using the…
-
Transfering previous tax year allowance
Hello,Hope you could help me. I set up an account with a broker A in 2019. I used full alowance of 20k for previous tax year 2019/20 with broker A The I set up account with broker B in 2020 and used full alowance of 20k for current tax year 2020/2021 with broker BI want to set up account with broker C and tranfer my…
-
Old share certificates
I hope someone could help please. I lost my dad last year, and my mum has now passed too, I’m the sole beneficially (I’m an only child) I’ve started going through the paperwork in house which is a mess as mum had the start of dementia too. I was aware she had some shares which she had inherited many years ago, and I knew…
-
Where to put money
I've been saving for a really long time and have nearly £100k now - I live in London but don't think I could afford something I'd really like as I'm single and don't want ridiculous mortgage payments. I pay a lot for rent which is annoying as I'm throwing money away. I only plan on being in London one more year or so -…
-
Interest Rate on Savings account is going down
Hi, I have had a letter saying the interest rate on my savings accounts are going down. I obviously don't want to do this. Before I call do you know my options I can take. Also is there any other saving accounts away from banks (Secure) That I can use. Thanks
