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Saving for family
Hi my aunt is looking to set up some sort of savings for my to boys 15 & 18. She wants it to be given after she dies , she's fit and well so wont be for a while. She tried to open bank accounts but was told she can't due to there age. What is her best option?? Thanks in advance
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Cynergy Bank - Internal Transfers
Yesterday I transferred some funds into a joint account at Cynergy from my linked account with the intention of transferring them on into a sole account in my name with them. On attempting this transfer I was met with a message informing me that this account was ineligible for internal transfers. On contacting customer…
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KRBS Fixed rate bond
KRBS have launched a new 18month Fixed rate bond, only available on the new platform at the moment. Pays 4.03%.
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MOVING STOCKS & SHARES PROVIDER
Hello, I have had a SS ISA with H&L for many years, some shares with Carnival (used to do a few cruises) also Royal Mail (which I just see have been sold. Probably my fault because I rarely check my emails). I also invested £100 recently in iShares physical Gold (self managed) I am looking to put them all into one (I also…
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Zopa Rainy Day Saver - interest received seems lower than advertised
Hello. I opened a Zopa account in January. My primary motivation in doing so was to allow to me to open the linked Rainy Day Saver, which advertises a market-leading 7.1% interest rate. I deposited the maximum £300 allowed on the day I opened the account. After a month, I received only £1.68 in interest. This seems lower…
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Marriage Allowance and Starter Rate
I have applied for marriage allowance for the first time this year, as I retired from work a few months ago and have only two very small pensions. For this current tax year my work / pension income will be around £10,000. I do however have savings interest in excess of £1000 and have benefitted from the "starter rate" in…
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AI “play” - active or passive?
A family member (whom I help with SIPP admin, etc) has asked me for my thoughts on an “AI” play. Although on a personal level, I’d probably prefer to stick with what I know, I do want to give whatever help I can. We’re definitely not talking about individual company shares here and so I’m thinking something like an ETF…
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impact of savings interest on student loan
Hi in very fortunate position that due to an inheritance have earned about £3k of savings interest last year (not in an ISA) But am i right in saying this will be counted as unearned income for student loan purposes ? Do i have to do a self assessment or will this automatically be covered through my student loan deductions…
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Reducing HMRC Payments on Account
A quick bit of background: Having filed my Self-Assessment Tax Return for TY24/25 last May, I am faced with a Self Assessment 'Payment Due' of approx £3000, of which £2000 is income tax for TY24/25 and the remaining £1000 being the first payment on account for TY25/26. A further £1000 'payment on account' is due by 31 Jul…
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How to choose a savings account
In 3 months time I will be coming to the end of my DMP (Very proud to have paid off 34k of debt) As I have become used to paying nearly 700 a month to my DMP. I don't want to just blow this money each month once I have finished my DMP. I have never had a savings account really. I think I might like like to distribute my…
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Long lost shares
I need help in tracing some shares i bought with a company i worked for way back in the early 1990's They were called Franklin Quest back then and more recently Franklin Covey according to companies house. Originally the company was from Salt lake city USA and had a small branch here in the UK i worked for. I have no…
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Looking for savings advice.
Hi all, new to the forum so please be gentle. My wife and I both receive the new state pension and our financial situation has changed recently due to inheritance. Currently, we own our own house, no mortage and no debt of any kind. We have a second home through the inheritance which is up for sale. Intention is to sell…
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US Markets Risk
Morningstar articles about investing tend to be informative rather than fluff pieces, many are an excellent trove of information. Below is an article that attempts to quantify the risk in US markets currently, supported by understandable metrics. (see the graphic entitled, Market Themometer). "I like this chart because it…
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UBL UK bank
Anyone got an account with this bank and can comment on your experience? They are in the top 12 months fixed rate savings account on the savings section.
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Trading 212 funds - Updated with portfolio thoughts
I am considering transferring a (currently managed) S&S ISA to Trading 212 as they don’t seem to have any charges and I have a cash ISA with them, however I am struggling to find a list of ETFs they offer to decide if they are right for me. Does anyone have a link or some insight they can offer? I am primarily looking for…
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Top slicing relief on Investment bond
Can anyone advise on the tax due on a £60k chargeable event gain from an international investment bond (tax not paid) that's been held for 22 full years. No other income in the tax year. I understood that starting rate for savings and personal savings allowance are recalculated based on the sliced gain so should still be…
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Best way to maximise interest on £10k savings
Hi, I have £10,000 that I'm happy to lock away for 2 years but I don't know which type of account is the best way to do this. I am a higher rate tax payer so need to be careful not to go over the threshold of £500 interest. I know some pay interest annually and some pay on maturity so this is vital not to go over. I won't…
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Euro Savings Account
Does anyone have any knowledge of €uro accounts that actually pay any interest, any as in more than 1%. I opened one sometime ago with Lloyds International the original interest being 2.65% it has since plummeted to 0.25% hardly worth it. Makes me wonder whether it might make more sense to transfer into £ pay whatever…
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Santander Edge 6.00% Saver
I have just received a secure message in my Santander online and app as follows. The interest rate on your Santander Edge Saver will go down to 3.50% AER /3.45% gross (variable) after the first 12 months on 5 January 2026. I know that the underlying rate of 4.00% is variable and that the bonus rate lasts for 12 months.…
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best place to put £100 per month
My son pays rent of £100 per month to me as he now works. I;d like to put this into a savings account for him but without his knowledge so that it can help with a deposit when he moves out. Where would be the best place for me to put the money?
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