-
Bank account dilemas
Hi, I'm going to transfer some money from abroad to the UK (aprox £90,000). Don't know what type of account to open. Only know would need it to be easy access but want to get a good interest for my money. Don't want to be transfering monthly deposits, just leave it until i need it. Any thoughts would be appreciated. Thanks
-
Can you not open a second sole 1-Year Fixed Saver with Marcus?
Does Marcus UK block customers from opening a second 1 Year Fixed Rate Saver in their own name? The official PDF terms and conditions state that the £250,000 limit is "per account," which makes it sound like you can open multiple single-name accounts to ladder your savings. However, when going through the actual…
-
Melton fixed savings problems
anyone sucessfully opened the melton 4.8% fixed rate acc. been through the application and had it approved, got email telling me to log on and activate but just get error saying data incorrect. phone help been hanging on 25 minutes now cut off after saying try later,
-
Stock markets are too high and set to fall?
Unusual intervention/comment - why?
-
Scottish Widows Share Dealing Platform Trade Times
Dear Forum, I've just transferred my holdings from Hargreaves Lansdown to Scottish Widows to save money on fees. When buying/selling UK gilts on HL you get a real time price and the deal is completed more or less instantly. I've just tried to sell some gilt units via my Scottish Widows account and received a message that…
-
Taxation and trust registration for discretionary trust
A parent had a life insurance claim paid out. It was placed in a discretionary trust when the policy was taken out. The claim money was sent to a trustee and subsequently paid out to 2 beneficiaries (one trustee and another non-trustee). There was interest added when Aviva paid the claim money due to accrued interest from…
-
Crypto.com withdraw problems
Hi all, My wife invested £250 into crypto.com about 7 years ago and forgot about it until recently. She contacted them and got a call back yesterday. The guy who she spoke to named Oscar spent 3 hours trying to help her but there wasn't a way to create a link from the crypto account to her English bank account because the…
-
Child Savings
My wife set up some accounts in our childrens names, utililising money from her savings into these accounts. the accounts enable her to put money in and take money out without issues. We now want to use this money for a property deposit, if we take the money out there is also approximately £5000 in interest accrued, do we…
-
Impax Environmental Markets Investment Trust
I would welcome any thoughts on what action I should take on the proposed tendering of shares in Impax Environmental Markets IT in order to thwart a takeover by activist investor Saba. There appears to be a chance to profit from a NAV discount of around 7% by accepting the tender offer. Does it matter which way I vote?
-
Pru with profit bond
Advice please We have a pru with profit bond which was taken out in Dec 2001. Initial investment 41k current value 147k I am currently pay @ 20% tax however only have 6k headroom, this year, before paying higher rate tax. My wife pays 20% total pensions etc approx 16k I have today applied to take out the initial investment…
-
Notice Accounts
I can't see any dedicated thread for Notice Accounts, so here we go. My question for all knowledgeable people in this forum is whether anyone has any experience with Allica Bank, I currently have a Zopa smart saver account and, so far, can't fault them really, but Allica are offering 2% for 95 days notice compared to…
-
Zopa problems logging into accounts
Anyone else is having problems not receiving the verification codes to log into their Zopa accounts? Worked absolutely fine till yesterday then suddenly it stopped (my phone's fine and am receiving the verification codes from other banks without problems). Zopa app is working fine, thou, but you need access to the account…
-
Tax on personal savings
I am wondering what my tax free allowance for savings interest is. I have state pension of £220 per week and an additional private pension of approx £80 per month so that equals about £12400 per year. Does this mean if I have no other income that I can earn a total of £6000 per year interest without any tax liability? Just…
-
Need an overview on £200k investment options
I've been squireling away for quite a while and have amassed about £200k, I am quite risk averse so the money has mostly been sitting in ISA's until now. I have no private pension and the amount is getting to the point it seems insane to just let it barely match inflation when it could be generating some decent passive…
-
Can You Sense Check This - Optimising Tax on Pension and Savings
I would appreciate some feedback on this plan, to understand if it is a good approach to minimising tax. I have recently come into a cash windfall due to a DB PCLS and generous redundancy package. With a bit of additional personal savings this all adds up to £450k in cash and is sitting outside of any tax wrapper. As I am…
-
Saga Savings can't withdraw
I have a Saga Savings Easy Access account set up in 2023 so with Goldman Sachs. I can log on and navigate round but when I try to transfer money to my current account it gives a message that it can't do that. I have contacted Saga who have raised a formal complaint but refused either spoken or in email to explain why or…
-
Aldermore Bank
Been trying to log-in to Aldermore Bank to enter maturity instructions, but website address not recognised. Anyone know of planned maintenance? TIA
-
"Santander £100 Amazon voucher without switching" crashing
Anyone tried this "Santander £100 Amazon voucher without switching" as shown on MSE webpage under switching? I have tried twice now applying for the Everyday account, following the correct link but right at the end when I click submit, I get an error reporting "Page Not Found". Very annoying...... Anyone else, got the same…
-
Interest for 17 yr old on £35,000
A children's account was moved on his 17th birthday to a Virgin account paying about 1%. What could he do with this to at least protect against inflation
-
New to ii Platform
I have recently transferred from HL to ii, which saves me quite a lot in fees per year. Obviously changing from one platform to another is a bit frustrating as you try to get used to the new system. I remember changing from Windows to Mac and initially regretting it until I got used to the changes. However one of the…
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
21.9K discussions
168.2K comments
Most recent: Cash ISAs: The Best Currently… by Alicon88
5 July at 3:00PM
