-
Cavendish Renewal Commission Service
Has anybody else received a recent letter from Cavendish regarding the above? This is separate to the Fidelity Funds Network transfer which went through at the end of last year. It seems they are now also terminating their RCS business and are unable to offer any other intermediaries who could take their place.
-
Sale of Ratesetter portfolio and loss of Provision Fund at the expense of investors
Investors in Ratesetter have had their interest income halved for the last year to maintain the Provision Fund. Now that the loan portfolio has been sold to their parent company, Metro Bank, investors are going to be repaid their capital whether they like it or not. It now appears that the whole of the money in the…
-
Ratesetter Returning All Loans
This morning I received an email from Ratesetter. This says that Metro Bank has purchased all their loans and will be returning all loans on 2nd April 2021. It seems like the end of their involvement in Peer 2 Peer Lending.
-
Annual v Ongoing Returns
I have calculated the returns on our portfolio using the method and spreadsheet from here https://www.bogleheads.org/wiki/Calculating_personal_returns. I now want to compare this to a benchmark and /or possible fund choices. My calculations give annual rates e.g 3-Years at 4.2%, 5-Years at 8.7% whereas the fund factsheets…
-
Ratesetter returning investments from 2 April
Just had an email from Ratesetter saying investment will be returned to holding account from April 2 and then available for withdrawal.
-
Alternative to NS&I
I have several hundred £k in NS&I. The interest is virtually nil and their systems keep failing making it very difficult to access the funds. What would be a low risk alternative ? I am aware the FCS guarantee only covers 85k of savings elsewhere
-
Switching Pension Funds Fee
Hello! I recently discovered that my pension default plan is performing fairly poorly and wanted to do something about it. I've found 3 new funds that I want to invest in and my work pension (Legal and general) makes it easy. I can apply a sum in the form of a percentage, to any fund they offer. However, when reading their…
-
Moving funds not quite the same
A fund you hold is INC and the new platform you want only offers same fund as ACC . Is that effectively a different fund from the point of view of whether you have to sell and repurchase or have it transferred in specie ?
-
SmartSave
Kostas said:I have opened an account with Smartsave having seen the latest recommendation on martins money tips When I asked my bank to transfer money into the account I was advised that there was an adverse comment on the FCA.org.uk website and they were a clone of another company (otherwise known as Chetwood Financial…
-
Best place to buy silver bullion?
demand seems greater than supply for some time now, many places require you to go on a waiting list to buy silver bullion i know I could buy a paper or digital promise but I don’t trust it if the silver short squeeze happens I want somewhere reliable to buy silver bullion regularly?
-
Some questions about investing platforms and risk tolerance
Hi everyone :) I'm looking to invest around £16k over the course of this year and have been looking at platforms to do this with. I'm currently in a tossup between Trading212's S&S ISA and Vanguard. I am having trouble deciding in some ways. I know 212 is okay for normal trading with small amounts of money, but has anyone…
-
Investing GBP in Canada
Hello I am looking for some advice. I have GBP which I would like to invest . I live in Canada but am being told I can only invest in CAD or USD. I don't want to convert the GBP to CAD as the exchange rate would be a huge loss. Would appreciate anyone who has been dealt with same situation. Your advice would be most…
-
Starting a LISA and SIPP.
Hi everyone, Last May I was on here quite regularly and was researching how to go about first time investment in stocks and shares. Everyone on here was very helpful, and helped me come to the conclusion that a reasonable plan was to open a LISA and SIPP with AJ Bell, followed by a S+S ISA (possibly Vanguard or iWeb). My…
-
Initial Investment Fee - Different Platforms
Guys, I was considering further investment in Trojan X fund (I have a modest amount via a JISA) so I thought I'd look at the difference between iWeb and Fidelity. iWeb https://www.markets.iweb-sharedealing.co.uk/funds-centre/fund-supermarket/detail/GB00BZ6CNS31 Fidelity…
-
Annual Interest vs Montly Interests
I keep forgetting the difference between annual and montly interest. The Aldermore Easy Access saving account has Gross Annual Interest 0.50%, Gross Monthly 0.50% and0.50% AER* Thanks.
-
Best savings
Hi I currently have nationwide cash builder and get hardly anything looking for a good savings account not tied to opening current account and somewhere can go into branch and deposit many thanks live in uk
-
Portfolio review/ advice
Hi all, It's been a while since I've posted but a lot has changed! Situation: 29 homeowner in middle of moving house and expecting first child in 4 months(New mortgage will be manageable and should have £800 free each month after bills, mortgage, food etc etc. OH will have around £12k Mat pay which plan to stretch over a…
-
Tesco illegal shares rip off?
Tesco's new dividend payment due this month and issue of new shares will rip off every household. Example of someone owning 20000 shares. A 50.93p dividend is to be given for each share held, then once the dividend has been paid, Tesco will re-issue only each shareholder only 15 shares per 19 held. The dividend will be…
-
alternative investment markets (AIM) shares
Hi. What do you guys think about investing in AIM shares long term (10+ years or longer)? These specifically: Tissue Regenix Group (TRX) Abcam PLC (ABC)
-
Reclaiming Capital Sum from an Annuity with Rothesay
On behalf of my father. He has an Annuity from Rothesay which pays out just over £200/year which he took out for his wife in the early 90s. He is keen to get back the capital sum to help pay for care home fees for his wife. However, he's now discovered it's 'non-communicable' and that's what he would have signed up to.…
