Savings & investments

hi, asking for a friend - a pal of mine wants to start S&S investing through an ISA - i recommended interactive investor having recently moved there myself but didn't think about him only starting with £0 and paying in £100/month their flat fee of £6/month would be punitive I previously used charles stanley but they have a…

I've just opened a Zopa Biscuit account, after MSE recommendation, and have had massive problems from the word go, including inability to access the money we've transferred in and now they have closed their telephone helpline due to 'technical issues'. This means that we currently have no access to significant amounts of…

I've just opened a Biscuit account in order to get access to the 7.1% regular saver. On the Zopa app home page I've tapped on "hit your savings goals sooner with up to 7.1%" and then "open an account now". It then prompts me to "start application" but it's talking about Smart Saver. I don't understand how you apply for the…

I thought this might be a useful list to publish. I've recently had to generate statements from multiple banks/building societies as part of a property purchase. Some were easier to generate statements for than others, please find below a list of the ones I generated statements for with my remarks. Note this list is…

My parents (76, stage 3 ca; 74, mobility problems) have asked me to manage/look after their savings. They will be arranging financial POA, but still currently have capacity. They just want a trusted person to take the responsibility off their hands. The savings largely originate from my late brother and they want to be…

Hi. I have three JISAs for my children, which wer invested with the Woodward Equity Income fund, suspended in 2019. As I could not contribute any more funds, I opened a further three with AJ Bell in 2019. I now realise I shouldn’t have more than one set of them, but in seven years have never been contacted by HMRC. Should…

Hi, Just came across this promotion and having read the T&C's I am not fully clear. https://www.ig.com/uk/bonus-shares-promotion-oct-25 1. Open the account e.g. S&S ISA or GIA and pay at least £50 in 2. Buy some shares and use up the full £50 in one transaction, ideally you make 2 small extra trades (higher pay in…

My Community Bank savings account has recently matured and its automatically transferred to a Castle Community Bank account. I am trying to withdraw the money from this new account as the interest rate is much lower, but for the life of me I can’t find a way to withdraw my money! There are no options. I’m being thick but…

Hi, carefully followed all the criteria for the advertised offer back in February to gain up to £200 cash back but can’t see anything in my account yet. Has anyone had this ?

I have found references within MSE and AI on google to the effect that a UK non tax payer would have up to £12,570 total income + capital Gains before having to pay any CGT over and above their £3k personal CG allowance. i.e. if my pension is £6kpa and my capital gains from selling shares is £4k, both MSE and Google AI say…

Hello All, Hopefully this is the right forum for this question. I’m looking for advice on whether to take the postgraduate student loan in the UK or not. Some context - I’m as working professional in London looking to study a part-time masters which costs £8,500. On average (outside of the pandemic) I can manage to save…

Never too late to learn I suppose. I always avoided standing orders to fund regular savers as I understood that the payment if paid on the weekend did not arrive until the next bank working day usually Monday. Whereas if I manually made a FP or internal transfer on a weekend it arrived in the destination account that day…

Hi, I was hoping to hear some experiences from anybody who has inherited an HPB please. A family member wants to add me as an additional life assured person, and I've been sent a form to fill in with my details - including medical details which I find a little bizarre, but guessing this is a standard part of life…

I am 66 years old, wife is 64 years old, we are both retired I am on full state pension, and have a small private pension Wife won't qualify for state pension until 2029 She also has small private pension. We have joint savings of around £200,000 I plan to draw £15,000 from the above savings over next 2 years to supplement…

Just wondering if anyone has had the same issue as I have with the new 4.5% Saga savings account. I opened the account on 16th July, linked my Lloyds current account and attempted to transfer funds into the new Saga account. The shutters came straight down at Lloyds who stopped the payment and asked that I contact their…

I'm not sure if its just me, but I am being inundated with so called offers for my Sunlife shares. The deal is so bad-about 40% less than their value. I realise that I can just throw these in the bin, but it almost seems like theft that someone will sign up to this. Its the fourth letter I've had now. I assume as there's…

I've held Fundsmith for many years and it did very well for me. I sold out of the ISA a some years ago for better options because no sell liabilities, and have slowly brought down the GIA amount in CGT exemption steps. In the days of 12.3k exemptions this was pretty easy, but now with 3k it is more difficult. I've never…

I have a very small amount of money with InvestEngine having taken up a MSE-recommended special offer, and now I want to take it out. In order to get into my portfolio it asks me to confirm my information is correct, and then it asks me to retake a questionnaire to check if my needs are still being met. Whatever answers I…

My wife makes around £35 interest on savings right now but it’s quite low. I make as little as 10 pound. Is it right the best way is to open a fixed rate for my ten and pay interest monthly. With my wife is it okay she opens a 20k isa and puts rest in a fixed account? Again interest paid monthly so she can transfer it out?…

NS&I has launched new fixed-rate savings accounts that let you lock in good rates for one to five years with total safety, as NS&I is backed by the Treasury. They're worth looking at if you're keen to save with a big name and won't need access to your savings – though you can earn a bit more from the top payers elsewhere……