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100% equity suggestions.
Finding myself with quite a lot of excess money at the minute, I’ve already increasing my pension contributions, boosted the rainy day/ emergency fund. Looking at boosting my LISA and ISA contribution, LISA will be maxing out first won’t be touching the money for over 20 years happy to go 100% equity with a high exposure…
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Bed & ISA and other S&S ISA?
Hi I wonder if anyone can help? I currently contribute monthly to an existing Vanguard S&S ISA which has running for a couple of years. I also hold shares of one particular FTSE 100 company in a X-O nominee share account. As the dividend income is mounting from the shares and I am about to become a HRT payer, I thought to…
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Grand kid bequest
i have a sizeable amount of money set aside in saving bond for my grandchild. I intend to leave my house to be sold and proceeds split between my three children. I spoke to a lawyer regarding a Will and they suggested that I combine savings and house as whole estate then split 4 ways. I prefer not to do that as I would…
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Tax implications on gifted money
Morning all, my parents have spoken about the possibility of gifting me £1000 per month as a sort of advanced inheritance. I am financially independent at 35 and own my own home, so the money isn’t needed to cover bills or mortgage payments. I have reluctantly agreed to accept the money going forward but I’d like to sound…
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Might have messed this up!
So I have a 20k ISA from previous tax year sitting in a low interest account with my current account provider. I know, I know, not great money management but I am trying to improve! Id like to transfer it into a regular 1 year fixed rate saver account but am not sure if I am able to do this? Is that normally fine? What do…
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Fees too high - investment ISA
I have looked at various options for an investment ISA but the fees have sent me running back to my cash ISA currently giving .3%(abismal). Local ifa wanted 3% of initial investment set up plus annual charges . Lloyds/ Shroders want 1.75% plus .65% annual fund fee . Where can I get a low risk fund with reasonable fees,…
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Vanguard S+S ISA
Apologies in advance as the following has probably been asked before. Yesterday I opened a vanguard S+S ISA with a £500 deposit, I understand it takes 24 hours for my money to be able to invest, but after that what do I do? Am I given a choice of what to invest my money in?
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Atom Bank "connected account"?
When Atom Bank say you need to "connect" your existing current account to your account(s) with them, is this just a hand-wavey roundabout way of saying that, like most normal banks, they need your account details to make withdrawals/transfers from your Atom Bank account back into your current account, and to set up a…
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Post Office Savings account - DD setup to multiple CAs?
I need to find my login details for my PO savings account, but could someone remind me if it is possible to setup direct debits to pull from more than one current account?
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Interactive Investor sold some of my shares without my consent
I purchased a small amount of shares with the Share Centre around 12-18 months ago. Since that purchase the business was taken over by Interactive Investor. After 2-3 months I noticed that II were taking £ 9.99 from my account for platform fees (Share Centre didn't charge anything). I had no intention of trading on a…
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Shares Issues - US to UK
My mother lives in the US and has UPS shares, managed by a group called Commonwealth Financial Network. She wants to transfer some to me, but has been told that I, who lives in the UK, need to be registered with them or a similar organisation in order to facilitate the transfer. I don't think they explained it properly,…
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Can I Change Brokers?
Help! I'm absolutely p**sed off with Barclays Smart Investor! Try as I might, I can't get them to fix what should be a straightforward issue: To allow me access to my Smart Investor account. I've asked for, what must be, 6 new pass codes in as many months. I input the new pass code, access my account OK then log out. I try…
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Is a LISA considered closed if I removed all the money from it?
Hi all I opened a LISA on Nov 2019 and then withdrew all of the money from it on Feb 2021. I'm using the Shares LISA from nutmeg and it currently states: Closing Withdrawals: £0 Although you’ve closed your pot, there may still be some dividends and interest applied over the next couple of months. We’ll collect these…
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How to be smart financially with an unexpected cash - pay off debt or invest or something else?!
hi - looking for help... ive recently came into a cash lump sum of substantial amounts, well to me anyway! Ive taken financial advise locally and now ever more confused.. Do i pay off car loan £18,000 to which i would need to pay £10,000 anyway in 3 years time to keep the car which i will! Pay off a kitchen loan of £10,000…
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FT Portfolio - daily change total errors?
Anybody else use FT Portfolio and getting the issue that the Todays Daily Change figures seem to showing as 100x less than they should be (e.g. a change of £24.50 is showing as 0.2450 )even though % change is correct and the Total Gain/loss column seems to be OK? Noticed it first yesterday. Tried logging off and back on…
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Skipton BS members account
I have a Bonus Saver account and on the basis of this was able to open a Members Regular Saver.If I close the Bonus Saver (interest rate dropping), does that impact on the Regular Saver?
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Stuck with kids JISA's
Evening all, So my/kids situation is they (15 year old boys) have around £35,000 in a Halifax cash JISA paying 2%. I attempted last year to transfer £25000 to a S&S JISA but no provider was willing to do a partial transfer, Vanguard etc. I would like to keep £10,000 in a cash ISA so do you think this would work, transfer…
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Savings, investments and pension plan advice in late 30's
Hello money savers! It's ben ages since I logged on here and I'm looking for some input/advice on how I'm doing money wise. Bit of background... late 30's renting from council and living with family member. I work in the public sector and have a LGPS DB pension that I've been paying into for nearly 5 years, I know I…
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Equity Release with no inheritance requirement
I have a hypothetical scenario which would be good to get opinions on. Let's say I retire at age 60 with no mortgage and the following: £500k SIPP (DC) £100k in stock ISAs £80k in cashFull NI contributions for full SP at 67 The investments are 90% equities. My annual living expenses are approx £17k a year. I am single with…
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Inheritance money in Ireland - transferring to UK
I hope you are all well and wondered if you might be able to
help? Sadly, my mother in law passed away in 2018, she lived in Ireland, I and
my OH live in England. Probate has just been issued and we have just had the
distribution of account. There is about 80k euros to be transferred to my other
half, we are also looking…
