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Yorkshire Building Society reducing interest rates
Yorkshire Building Society reducing interest rates on our Internet Saver Plus & Internet Saver ISA Plus products (Issues 2 through to 7) YBM 11992 Internet Saver Rate Sheet 27 11 20.indd (ybs.co.uk)
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LISA S&S Bonus investment advice
My son has recently opened a S&S LISA with AJ Bell with
4K in HSBC FTSE All World Index Fund Acc C, in part due to the low charges. He
has now received the £1K bonus and is unsure whether to add to the HSBC fund or,
as it is a bonus, whether to invest in a potentially higher return
fund, obviously with higher risk. My only…
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NS&I Guaranteed Growth Bond
I have a 3 year Guaranteed Growth Bond due to mature on 9th Jan 2021. What do you suggest is the best way to withdraw this bond and when? It can't be accessed before the 9th so do I have to sit tight and do nothing until that date then go to the bond online and transfer the money to my nominated account then? If I do a…
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Premium bonds
Invested £14000 of my hard earned cash a week ago and apparently they have no evidence of my payment. Spent hours upon hours on the phone trying to chase it but to no avail. Bank states they have the money so I can’t even dispute it. I have an ARN number and authorisation code from the Halifax which NS &I cannot trace. At…
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When is the best time to sell?
We all know the answer to the question of when is the best time to buy: You don't know when the best time to buy is, so you should drip feed your money in. Does the same apply to selling? I want access to some of my money tied up in Vanguard LS100 for renovations next year, so should I start 'drip-selling'? Or should I go…
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Don't touch NS&I with a barge pole if you think you might want your money back any time soon!
Over the years I have had quite a lot of my savings with NS&I plus Premium Bonds and believed in them as being a safe secure way to save. That is, until the last few weeks when they were unable to pay out my maturing Savings certificate. Despite having an NS&I number to use their online system my Saving Certificates were…
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What Building Societies (and Niche Banks) to hold to for access to member only accounts
I know what most high-street banks offer as existing customer deals but less so the occasional and limited issue deals offered by many Building Societies (and I guess niche Banks). It would great to "crowdsource" which institutions are worth opening an account with in order to access these deals if/when they appear. You…
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Trading212 - why do they cater for ex-pats where nearly every other UK broker will not?
Trying to find a broker for an ex-pat investor who has UK Bank account and an address that can be used but is resident in Hong Kong. They have a lot of money in the UK, mostly in National Savings products that now aren't paying anything worthwhile. I found Degiro but they are Netherlands based and there is no FSCS…
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Should there now be only one £1m prize per month for Premium Bonds with the interest rate cut to 1%?
You will probably all know by now that the Premium Bonds interest rate was cut from 1.4% to 1% on December 1st and the odds of each £1 bond winning a prize have worsened from 24500 to 1 to 34500 to 1. With the new lower interest rate and poorer odds of winning a prize likely to continue for the foreseeable future at best…
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Tesco
"Tesco has announced that it is repaying the £585m worth of business rates relief that it received as support during the coronavirus pandemic."Now that is after they have incurred £735m of extra costs due to the coronavirus pandemic (over half their profits). Do we live in a communist state where all profits have to be…
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Investment Fees and Charges
Hi All, A question for those of you with managed investments - your thoughts would be appreciated. I've been quoted total annual fees for a managed investment of 2.3% - this is for a substantial (to me!) sum which sits outside my Vanguard S&S ISA. It will be invested for 10+ years so fees and inflation over the long term…
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Saving for children who have lost their Mum
Hi, my lovely friend passed away last week leaving 2 sons without parents (their dad isn’t in their lives). I set up a gofundme (for the boys who lost their mum) and it’s climbing nicely. They’re currently with their elderly grandparents who are not very tech savvy, so I’d need to be able to do it myself. I’d like to put…
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NS&I insisting on probate
Hi MSE forums My mother-in-law passed away last year and my father-in-law is sorting out her savings and investments. NS&I are refusing to give him the savings until probate has been carried out. It does say that they can insist upon this but it seems a little harsh that he has to spend £1500 on solicitors in order to get…
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iWeb S&S ISA charges.
I've used my S&S ISA £20k with Youinvest (AJ Bell) this year. Next tax year I was thinking of going with iWeb. With Youinvest, what I did was pay in £2.5k a month over 8 months. £500 per month in 5 funds run by Ballie Gifford. Youinvest would charge a fee of £1.50 for each of my 5 regular payments of £500 each month (so…
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Which platform??
Hi! I have a couple of index trackers with Vanguard but I'd like to hold a handful of individual shares and would appreciate some advice on which platform to choose. I'm interested in small companies doing interesting things in the green economy. They may be based overseas or not and once picked I'd likely hold them for a…
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Everything is Negotiable
Throughout my time working at a New York based Private Equity firm, the angriest my boss (one of the Managing Partners at the firm) ever got at me had nothing to do with my job performance. Instead, he was disappointed with the steep rent price I was paying for my NYC studio. I explained to him it was the cheapest option…
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Buy a house or invest or Lifetime ISA?
Hi everyone, I've just asked a similar question here but realised I didn't phrase it properly... My husband and I live with his mum and we're in a very good position in the way that we like living here and are not planning on moving out to our own property. However, we do have about 900 pounds every month jointly that we…
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NS&I Overwhelmed!
Eight days ago I applied online for a substantial number of Premium Bonds funded by closing my Income Bond account. This has still not been actioned and as it is now December I assume that I will miss out on the January draw. NS&I have my money, but I am not getting the benefit. It appears that the website does not action…
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‘Transaction fee’
Hi all, Considering one of the two following: HSBC FTSE 250 Index Accumulation C Vanguard FTSE 250 UCITS ETF | VMID Just had a a couple of queries re
‘transaction fee’. For the VMID there isn’t any showing (just OGC), but for
HSBC there is. - Is it the case that there will be no
transaction fee for VMID (just OGC)? - What…
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HSBC FTSE 250 Index Accumulation C
Looking at the HSBC FTSE 250 Index Accumulation C Looks as good as any, low charges, to take advantage if the FTSE rallies, does anyone agree/disagree? TIA
