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Switching from active to passive funds?
Hi all, I have in the region of 160K accumulated over 30 or so years with my Royal London ISA which comprises of the following 3 actively managed equity funds; RL London UK Growth Trust A, RL Sustainable Leaders Trust A and RL European Growth Trust A - the OCF is 1.26%. I am thinking of transferring this ISA to my Vanguard…
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Finding an indépendant financial advisor for general advice rather than being sold products by them?
How do I find an advisor who will give general advice as to my financial options and some ideas etc. My problem is that I am not sure I can trust an advisor who just really wants to sell me a bunch of products. I am happy to pay for profession financial advice but why would I trust them if they are motivated to sell me…
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How to leave cryptocurrency in your will
I came across this article and thought it might be of interest: How to leave cryptocurrency in your will | The Gazette
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Best savings account for 20k
I have done my research and the highest interest I came across was on up to £3k @3.04% with a well known bank. I cannot find interest on any higher amounts. Any info or guidance where to look would be appreciated. Thank you.
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Family BS Windfall Bond "6 times better winning odds than PBs"
I have just noticed that Family BS are offering a limited number of new Windfall Bonds. They claim "The odds of a Windfall Bond win are nearly six times better than Premium Bonds." I have no interest in this type of account so have not critiqued it.In addition to the prize draw, the bond pays an underlying interest rate…
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What to do with a "Premium Saving Bond" that is 54 years old
Just before our mother died, she presented my sisters who are twins with scrappy slips of paper which have "Premium Savings Bond" printed on them. She explained that there was not much money in the house when they were born but that she wanted them to have a lifetime of luck. The Bonds themselves are only valued at £1 each…
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Overseas bank account transfer
A family member has sold a property, the proceeds are between brother and sister. The property being in Poland. What would be the best way to transfer the share into the UK
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Repeated rejections in funding Atom fixed savings account
I have now tried to fund my Atom 1yr fixed account 4 times, from 2 different bank accounts. Each time the payment failed to arrive in Atom and the next day there is a return of the money to the donor current account. Is this a common problem before I bother to spend time chasing an app-based bank?
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How do we protect our parents savings?
My parents have around £90000 in savings and are worried that if one of them has to go in a home all of this will be used up fundi6their care. Resulting in the other one having nothing at all. Is there anyway of protecting some of the money?
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Removing wife from bank account
A friend is going through a messy divorce and her soon to be ex husband has removed her from a joint bank account with Barclays without her permission and is diverting assets. Barclays state they only keep records for 6 months which I find hard to believe, is this correct or does she go the FCA or demand the document from…
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How to invest $640,000
Hello, I'm a long-time lurker but it's my first time posting anything so please be kind. I also am not sure if this is the right place for this query but here goes... I (F/36) started my own business a decade ago and after a few hard years, it started to earn more than I needed to live. So I managed to save a lot. I didn't…
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Invest more or pay off mortgage?
Hi all, after some advice to be thrown my way if possible please! I currently have a mortgage of £134K fixed at 1.84% for 4 years (11 years left altogether), interest is around £205 a month give or take. I also have 65K in savings some of this invested in a S&S ISA. I’ve never made an overpayment but have been thinking…
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Investment Trusts / REITS for retirement income.
Evening all, I've been scoping out both Investment Trusts such as City and London and UK REITS as a source of passive dividend income for when I retire in about seven years time. I am hoping to achieve a dividend yield of around 5% with some capital growth with funds to be held in an ISA. The bulk of my savings are…
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Yorkshire Building Society and cash machines use?
Hi everyone. Just got a bizarre email from YBS saying, I quote --------------------------- At Yorkshire Building Society, we regularly review the types of savings accounts we offer and after careful consideration, have decided to simplify our products by removing some payment functionality. Important changes for you We’re…
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Receiving dividends when transferring out to another provider.
If you hold funds that are not accumulating, but pay a dividend e.g VUSA, what happens to your dividends if they are paid whilst your funds are sitting in the holding (custodian) part? I thought no transactions/activities are supposed to take part during this process?
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Starting a new job and need ISA and SIPP recommendations
Hi Guys, I have just secured a role and I've been informed I can do it through my LTD company. I want to set up tax free wrappers and I've would like to set up a SIPP and as well as an ISA. I would love recommendations on Stocks and Shares ISA (I already have an trading account), cash ISA and some SIPP recommendations.
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Freeing up equity
Hi, I own 3 properties outright and they are all in long term tenancy, however, I would like to free up some capital for home improvements, what is the most effective and viable way to do this..?
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Skipton Online Existing Member Regular Saver
Regular Saver account offers members (joined on or before 16/8/21) 3.5% fixed for 12 months. Pay in up to £250 per month. No withdrawals but closure allowed. Great rate in the current climate!
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Sort code mistakes
I know that in the past, banks didn't check if an account number and sort code matched the name on the account, but do all banks check for this kind of mistake now? So if you gave someone your name, account number and a slightly wrong sort code to make a payment to you, would it definitely be picked up and bounced back?
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vanguard FSC compensation scheme
I have an index fund with Vanguard. All of the money is invested in shares within an ISA. I am unclear how relevant the FSC compensation scheme is when it comes to shares. If Vanguard were to becomes insolvent, would I lose my shares? In which case it would be important for no investment to be larger than £85000. Or is…
