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Savings/investment sense check
I have £25k in cash savings, the plan is to keep adding £200 a month to stop devaluation incase of job loss or other problem. Then start a S&S ISA from scratch adding £750 a month to global index tracking ETFs to hopefully achieve circa 7% growth PA and be left with £500-600k in 25 years. Seems simple, makes me think I'm…
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Shawbrook IPO
I've been relatively satisfied with Shawbrooks interest rates over a few years now. But does that make it a good investment for an IPO ?
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What and when is the HMRC told about savings interest.
This might be a tricky one but I know you guys are super clever and will give me some help here. This is situation one. My wife has a fixed 3 year savings account which is due to mature in December 2025. The account will pay out all the interest earned at this time. Nothing has been touched or withdrawn. She has had no…
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Large sum savings accounts
Any recommendations for a bank account to hold proceeds of a house sale for 6 months providing easy access.
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Was the call I received from a mempool 'Database Officer' genuine?
Hello. Advice please! I have never, to the best of my knowledge, had any dealings with crypto currencies. But I was called out of the blue by someone describing himself as a mempool 'Database Officer' who knew my name and some other details as well as my mobile number. He subsequently sent emails from an account at…
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Past performance...
Past performance is not a guide to future performance. Nick Train: "Thank God for that." LT's four OEICs are down to about £5,500m AUM, including a paltry £39m in the North American fund. This can surely no longer be seen as a run of bad luck or quality being out of fashion given that quality factor ETFs have performed…
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Zopa Easy Access Acc
I recently opened an easy access account with Zopa and made a nominal deposit as my first transaction which after a prolonged period was finally acknowledged by Zopa. However my second transaction/transfer which was more substantial was returned 24 hours later as Zopa claimed they were unable to recognise my nominated bank…
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Royal Mail Share Offer - I missed the deadline! PLEASE HELP
Hi All, Just logged into my Hargreaves Lansdown trading account to see my Royal Mail shares are now shared in International Distribution services. I tried to see them and was unable. I called Hargreaves Lansdown and was advised that the decline was last week, I had missed it and lost all my money. Is this correct? Can they…
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Investing for a Trust
Hi all, One of my family has just received a large Personal Injury award (read as several millions) and it is in the form of a trust. I am one of the trustees and whilst fairly savvy with finances I'm totally new to trusts. The trust does not earn any interest and we are wanting to put the money to work for the beneficiary…
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30 days rule
Hi forum, I just need some clarification on the 30 days rule in a trading account. Is it any 30 days or is it 30 working days? I sold an investment who's dealing date was 01/10/25 for capital gains tax purposes, and now I wish to purchase the same investment on the 05/11/25. Would this be okay or fall foul of the 30 days…
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Bank of Scotland Savings Acc with ATM Cards
I was doing some googling after receiving my new BoS Current Acc debit card with the forth road bridge on it ,replacing the one I had with the standing stones. I noticed a few different designs ,some of which had Savings written on them. I was wondering which account this was for and how do you get them as I couldnt find…
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What is the best way to invest inheritance?
I am soon to receive a large amount of inheritance from a family member and want to try and be as smart as possible with it. I currently have a mortgaged home which although could do with a bit of an update I don't think this will increase its value so would rather not put money in to this home if the value wouldn't…
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Basket of ITs
I basically have three chunks of share-type investments. An AJ Bell SIPP (Gilts & value ETFs), a Vanguard SIPP (LS75) both deliberately dull. The "racier" chunk is going to be an II ISA that I want to setup as a basket of decently yielding ITs with a regular investment into all of them that's approx the value of 1/12th the…
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Reasons for having to do self assessment.
I am currently not submitting a self assessment to HMRC and would rather not have to, as I believe once you start you have to do it every year. My question is, what are the reasons for having to do one? There seem to be a few grey areas. Obviously if you are above the £3k CGT allowance you will need to file one. I had…
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Ulster Savings
Hi, I have opened an account with them as they offer 4.5%. I've just gone for a savings account and not a current account. Since then, I've been reading a few horror stories online, such as being unable to close the account, interest not being paid, unable to transfer funds to a non Ulster account. Does Ulster just work…
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Best savings account with POA
I have power of attorney over my Mum's accounts. I have £85,000 in the Coventry and Nationwide high interest accounts respectively which have come to an end. I need to transfer to other savings accounts which accept power of attorney. Any recommendations gratefully received!
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5-10 Year Recommendation
What are people's recommendations for a provider and fund for a S&S ISA that has low fees and only needs to try and match inflation over a 5-10 Yr Period. Thanks
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Silver - anyone investing currently? Advice welcome.
I started to buy some Gold Britannias last year, more as a fall back store of wealth if my mainly ISA cash savings collapsed or got majorly hammered due to fiat currency issues, inflationary issues, etc. At the moment these represent maybe 5% of my total 'savings'. While each gold coin has markedly improved in value (or is…
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Cahoot Sunny Day Saver/Simple Saver/Fixed Rate Bonds - Upgrade Available
When I logged into Cahoot the other day, I noticed an upgrade link on my accounts page which I've not seen before. My Sunny Day Saver (interest rate 4.75%) was due to end on the 31st and I was able to upgrade to the latest issue which is 5% so it's possible it's not there all the time, maybe just when an account…
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Selling silver - capital gains tax when no idea about "purchase costs"?
I have some silver bars that have been held for many generations and simply kept in the loft as it is passed down the generations. I plan to sell it soon but I am wondering how the tax for the capital gains is handled in situaitons like mine where its simply been passed down, no original purchase price is known at all etc?
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
