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Employee Share Incentive Plan... Feeling ripped off, is this Right??
I'm feeling distinctly ripped off after taking part in an employee share purchase scheme, hopefully someone can confirm if the situation is correct. I'll try and keep this as concise as possible with bullet points- - I contributed £23 a week of my pre-tax pay for 18 months to purchase the shares, so approximately £1,800 in…
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NEXO saving
Hi I just wanted to make people aware or see if if anyone else has had any experience using Nexo. I was dubious at first as I couldn't believe the massive interest rates especially if you buy NEXO toxens and become a platinum holder. 10% of NEXO tokens of total investment needed but interest rate is 12% on GBP!! I put in…
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Where to put some money for 6 months
I have £55,000 from re-mortgage for an extension but not ready to use the money. Can anyone suggest where is the best place to keep it with fairly easy access.
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Rebalancing portfolio
I have started looking at my retirement portfolio with a view to 'fixing' it, and getting it ready to provide me with an income for what's left of my life. I simply do not have enough trust in financial advisers to go through the process of choosing another one at random. If an IFA were to come along with a recommendation…
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Child saving accounts
In their own article on this site (see junior isa page, is wont let me post a link) it is suggested that children pay tax on their savings like adults, and can earn a certain amount in interest each year. However most children's accounts (eg Halifax) are set up as trusts as the child is too young to manage an account and…
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making the best of my situation
Hi all, Am embarrassed to even be asking this, as I know our choices to date have been lazy to say the least. I am wondering what the opinions may be on what may be a good choice moving forward. Current position is... 55 years old, self employed. No pension apart from State pension when the time comes. Partner full time…
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Money saved on just one debit card... options to put in savings account/have it in more than 1 place
Hi, Needing a bit of advice, I have saved 10,000 and it is sitting in a normal debit account. I have been advised that its good to have it in more than once place so I was wondering whether to open another debit account or open a savings account? I would be putting the bulk of the money in and using the debit card just for…
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Herald small uk companies v. China Special Situation - zero corelation ?
You'd expect almost zero corelation between these two funds, I bought into both to add diversification to my predominantly global tracker portfolio, and I noticed whenever I looked these two funds appeared track each other. I suppose it's just co-incidence...
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Can someone else buy me premium bonds?
My grandmother died and my mum is due to receive her inheritance this month.y mum would like to gift me 10k, and I will simply buy premium bonds. As I can buy premium bonds using a bank transfer, does anyone know if there is an issue with my mum doing this directly, by doing a bank transfer to nsandi with my bond holder…
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Where should I put my rainy day/emergency fund?
I have some money set a side for rainy day/emergency fund. It’s just sat in a basic savings account. Ideally it could do with gaining interest as well as easy access. Would I be better saving them both rainy day and emergency fund together or as separate pots. I probably won’t need any rainy day money for about 3years.
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First Time Home Buyer Deposit Saving Advice Help
I work for the NHS and as a first time buyer I'm trying to save as much as possible over the next year for a flat. I already have a lifetime ISA. Would I better further saving in another ISA or a savings account? I would need an account that would be available for instant access after a year.
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Should my mum sell her property?
Thanks for reading. My mum is retired, mortgage free and owns two investment properties which provide her a pretty good income (makes up for the small pension). She spends all of her money each month (on things she doesn’t ‘need’) and every now and again panics that she doesn’t have enough money for the bigger expenses…
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Marcus release app for IOS
I have just received an email from Marcus advising that they have released an app, currently only available for IOS but soon to be available for Android. I have just downloaded it and it appears to do what a banking app should. Let us hope that they soon bump the rate up to make it worthwhile. It is though, the best…
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Inheritance - Pay Mortgage or Invest [First World Problem - sorry]
Hello to all, Sadly mother passed away, after long probate process, looks like I will stand to inherit £350k. Incredibly lucky and fortunate. Always thought I would use it to pay off mortgage (remaining c.225k) but reading here has prompted a rethink. Mortgage fixed 2.08% until mid 2024. If I pay off immediately: cost…
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Thousands of Lifetime ISA bonus payments delayed after HMRC technical error
Thousands of Lifetime ISA savers have had their 25% bonus payments delayed by over a week after a HMRC "technical error". It means some first-time buyers looking to purchase a home before the stamp duty holiday ends this month could be left as much as £1,000 out of pocket, MoneySavingExpert.com can reveal... Read the full…
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any ideas for investment for young children that others can contribute to? (small amounts?)
Hi all, I was just wondering if there's a way to save money for 2 young children within the context I will describe? 1) children pre-school age 2) looking to put a (pretty) small amount regularly and hope it builds up over the years 3) Is there a product that meets the above that family members or friends can send gifts…
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Children’s Savings Accounts
Does anyone know if I’m able to open a savings account for my daughter with a cheque in my name? Thank you
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Aldermore 1 year fix at 1%
Please be aware if anyone is thinking of applying for this account: 1. it is the single most convoluted application I have EVER seen 2. Their phone number is an 0845 number which is ordinarily charged at 9p per minute. I first tried to get hold of them earlier this morning and after 10 minutes on hold (and a wasted 90p I…
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Have some Savings, looking to Buy my 1st Home (Advice Needed)
Hi all,Long time viewer, first time poster in these ForumsLooking for some Advice as I'm in a position where I've saved up over the past several years (around £10,000) and looking at options into owning my first Home. I'm 35, work at a good job that pays relatively well, no kids/partners/dependents or any Cars/other…
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banks with no charges for saving money
Hi, a group I am involved with have setup a social fund and its finances are separate from the main core business. It is run by retired members and the treasurer does/will not use online banking (due mainly not being familiar with it and not understanding/relying on technology as I understand it). he currently banks with…
