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obsession with nominated accounts
Now i can understand a nominated account for withdrawals that seems quite sensible but what is the point of incoming payments only being allowed from one account, i dont understand the rationale for this For example with the West Brom Web save account you can only put in money from one account why? what does it acheive!
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Request to Purchase IAG shares - Scam?
I've just received a phone call claiming to be from Capital Financial Services LLC (New York based) wanting to buy my IAG shareholding on behalf of a third party who already it claims now holds 48% of the shares. I've never had such an approach before for any of my shareholdings and I am extremely suspicious. Seems like a…
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Do you need ID to pay a cheque in?
Hi there, Has anybody come across this scenario before: I am the executor of a will and have distributed proceeds to beneficiaries. One of the beneficiaries, who has a learning disability asked me to write 2 cheques for him because he doesn’t do internet banking. It was for few thousand but not a massive amount. When he…
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Do any UK citizens on here use Interactive Brokers?
I have used the interactive brokers paper trading account (and API) for the last few years and I enjoy it - it is working out quite well. Albeit I take more risks with it being a paper trading account.Does any UK citizens on here use Interactive Brokers: https://www.interactivebrokers.co.uk/ in a live trading account? I am…
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Closing Dormant Halifax Easycash Account
I have a Halifax Easycash account that I opened probably 15 years ago that hasn't been used for some time. I can still login to the account online but I get a message 'This account has been inactive for over three years and needs to be reactivated'. I've previously tried phoning them and they want me to go into a branch…
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Long term investments
Hi My mum sadly passed away and left 10K to my 12 year old daughter, the money is in my name and my daughter currently knows nothing about it, I have no age in mind as to when she should receive it, so I am asking advice on the best way to invest this sum of money? should I transfer it into my daughter name or keep it in…
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Savings LISA or S&S LISA?
HelloI would like to open a LISA this month ahead of the new tax year starting - but am unsure which to go with - a normal savings LISA or a S&S one. I am already a homeowner so the savings would not be used for a first home purchase. I see these savings as a long haul fund, only taken out once I reach 60. I think I could…
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large sum of money for short amount of time - savings platform?
I inherited a large sum of money about a decade ago and invested it into a property. Since then I have bought, renovated and sold 3 properties (each my primary residence), increasing equity along the way. I have recently sold my home and have not found a property to buy so will be receiving around £1.1m from my solicitor…
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Which interest-saving account is best for my needs?
I have £3,000 saved now and I want to open a savings account that will earn me the highest rate of interest whilst allowing me to deposit around £1,500 per month. Is there such an account? It seems accounts that allow such large monthly deposits only attract 0.01% which isn't worth bothering with. Thank you
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Zopa Bank
On the sites possible safe investment I am having to wait up to 2 weeks to invest? The question is should i open a current account with them with a min. £1000 option?
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Savings
Hi there looking for some help here my sons father passed away and an insurance policy has left my son with £23000 I’m looking to save this for him till he’s 18 he’s only 14 just now where is the best place to go I’ve been to Santander and cause the amount it would need to be put into 3 different accounts I would rather it…
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Asia tracker funds - fees vs returns
I have an s&s ISA through H&L and have been looking to add an additional fund with an Asia focus. After a bit of research I have narrowed down 3 which I'm interested in however there is a bit of variation in the fees but also the short and long terms returns. I'm trying to weigh up the costs of participating in funds vs…
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CGT and Accumulation units
Hi all Quick question for the various brain trusts on the forum. Mrs Danm does not work. Income is from investment and savings only. She does not go over her personal allowance In her GIA she hold a number of broad index funds - accumulation. I had a lightbulb moment that while income tax is not due - it may make sense at…
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S&S ISA alternatives?
Over the last couple of years I have been saving in a variety of funds in an S&S ISA. I have been very lucky and I am about 18% up. I recognize that S&S's are long term and the amount in there could allow me about 18 months off work (living tightly). I now want to keep that money there as a rainy day fund and save in case…
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Trading within a SIPP?
For years I've put £240 a month into funds via a SIPP at HL, and transferred in some former company pensions. At first the funds I choose to pay into were Vanguard Funds, but lately I've changed to paying into Baillie Gifford funds, which I much prefer. My question is, can I transfer some or all the money from the Vanguard…
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delete please
delete please
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Advice on best place to Invest £60k
I have £60k but need something in return monthly. I have no job or any other income. I do not qualify for any state benefit because above amount disqualifies. I am 52yrs with no professional skills and have medical conditions so not looking good on job prospects at present. I have no debts and currently living in family…
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NS&I
From putting money into bonds how long do I need to wait to withdraw? Deposited 31st Jan- still not letting me remove any.
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Shawbrook Bank - Failed Login Attempts
Text message received from Shawbrook Savings team to say that I needed to reset my password after 3 failed login attempts.Password now reset, but I am now wondering whether there is anything else I should be doing?The login attempts all took place today between 17.00 and 17.03 hours.Comforting to know that Shawbrook…
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CTF/JISA
Sorry if this has been answered elsewhere already but I’m trying to open a savings/investment account for my nephew who’s about to turn 1. The problem with JISAs is that the child can control the money from age 16, of course I would hope he grows up to be sensible, but I’d rather play it safe and get an account whereby he…
