-
Ns&i
Hi, NS&I income bonds are 1.15% and direct saver is 1%. The name bonds makes me nervous, is it a normal savings account? If so why would anyone select a direct saver over a income bonds account? Thanks Rob
-
S&S ISA for a New Born
Hi All, I have been weighing up what to do with a small pot of money my newborn child has acquired and I think from some recommendations on this forum that the best option is to setup a S&S ISA. I have some queries on this? 1. Is this a sensible option considering it will be over an 18-year tenure? I don't really see the…
-
Savings and investments, when does one declare income to HMRC
Hello, I'm new to this forum and have a really basic question around tax on savings and investments, trust someone can help me here. Suppose I'm a 20% income tax payer and have the following streams of income from savings and investments in a given tax year: 1. Interest from bank accounts/peer to peer lending - 800£ 2.…
-
Changing allocation as you approach 'maturity'
Hi, Looking for advice on how to adjust allocation as you approach needing the money invested. E.g. investing for a house deposit over 10 years. Assuming you start with a 90/10 split, presumably you don't keep the same allocation for the 10 years. I.e. decrease stock/increase bonds as you approach needing the money like…
-
US withholding tax/UK treaty re Publicly Traded Partnerships?
Hello all,I'm looking for some US dividend-related tax advice, please, particularly in relation to Publicly Traded Partnerships (Master Limited Partnerships). I have a SIPP with Hargreaves Lansdown. HL takes care of withholding tax on US sourced stock dividends on my behalf so the 30% rate is reduced to zero due to the…
-
What to do with a share certificate
Just been made redundant and have now received the share certificate for the shares i paid for in the associated Computershare account. They are tax free but there was no option to transfer them to a dealing account, only to have them as a paper certificate. I now want to hold these shares in a electronic/online form so i…
-
£90,000k to invest for regular income
I am 55 years old with no dependants and no mortgage and have inherited £90k. I work part time so would like to increase my monthly income from this figure. I considered buy to let but it seems fraught with issues and very little on the market for £90k where I live. Should I trust a financial advisor with this (bearing in…
-
GDS Consulting
My apologies if this is in the wrong category. A company I have investments in is going into liquidation and I have been contacted by GDS Consulting as they have been appointed by the company to assist in the liquidation. They are offering help with the claim process for a fee. They sound OK, but has anybody had any…
-
Selling Funds Between Ex-Dividend and Payment Date
If you sell an INC fund between Ex-dividend and payment dates do you still get paid the dividend? You should do but I have never done it before. If you google it everything is about shares. It should be the same for funds?
-
Should I move Shares ISA
Myself and partner currently have two shares ISA's with Virgin Money. 1 - Virgin UK FTSE all share fund with £40k - charge 0.6% = £240 per yr & 2 - Virgin global share fund with 12k - Charge 1% = £120 per yr Thinking of swapping to Vanguard 0.15% base cost + fund. Equivalent to No 1= FTSE UK All share index unit trust -…
-
Negative interest rates ....
What would happen to the UK economy - if interest rates went negative ?Would banks pay us to borrow money and what about stocks and share investments ?
-
Monmouthshire BS 2.50% Regular Saver Bond Maturity / 13th payment
My account matures on 24/9/20. Before I cancel my standing order, does anyone know if Monmouthshire will allow a 13th payment? Thanks in advance
-
Is there a middle ground between building society saving and investing in funds/shares
With the current low interest rates being offered by banks and building societies (with their attendent Very low risk of loss)I have been seeking somewhere in the middle of the risk ladder, between banks and shares.I guess this would involve some complicated bonds and related products - could someone give me a clue where…
-
Inheritance for my Children
In short my children have inherited a property of roughly £400K and cash of £150k. They will not recieve or even know about it until they are 25. One is 17 and one is 15. Where do I start? Fyi, if I rent the property it is likely to take £25k to bring it up to rental standard. It's so important to me that this money grows…
-
VM RS 13 query
It seems that when my account matures there will be £3,500 in it (plus the interest) - is that normal? I've only had 13 payments in previous accounts, this will be 14. Regular E-Saver Issue 13 * Interest rate 2.00% Gross 1 * Maturity date 20 December 2020 · Account balance £2,504.80
-
Where should I save money for my 16 year old
I have opened a junior isa for my child and used this years allowance. From Inheritance I have another 14k to invest for him. He does not have access to this this money. Should I put it all in an adult isa as I understand he can have both a junior and adult or elsewhere? He isn't earning and has a santander mini bank…
-
Shawbrook bank log in using 3wifi
Still unable to log in via the 3 network. Spoke to Shawbrook by phone and are aware of problems but say its 3 fault and to contact them re resetting the content filters. Trying to contact 3 is a no hope, 25 minutes hanging on then phone line goes dead. Has any one got a solution to this problem. Would like to hear from you
-
Scottish Widows S&S ISA - Problems ..
Looking for a little help / guidance or clarity if anyone else has had similar issues. In process of tidying up parents investments & the each have a S&S ISA holding investments in a couple of (relatively old) Scottish Widows Strategic Income / Growth funds. As we look to tidy up & look at better investment options the…
-
Have LISA rules changed with paying in money past age 40?
I have a LISA, I'm in my mid-30s.I want to put more money into the LISA with HL. I get redirected to their apply page.It is asking me to confirm I am under 40 to open a NEW Lifetime ISA.I query this with HL using secure message. They come back with: And the apply page says: I'm not sure that's correct. Could anyone please…
-
Savings Account with Daughter
I would like to set up a savings account to which my daughter (23) has access in case something happens to me. I know how long it took us to access my mother's account when she died despite having power or attorney. If she is named on the account could it affect her student loan (which she hasn't yet started paying back)…
