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income generating fund 4%
Hello, is there an etf fund that can provide a 4% income per year and is mid to low risk currently? Preferably with monthly income.
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Marcus Goldman. What to do?
Hi. I have just opened a 1 year fixed-rate account with the above bank. I intend to pay in £85k. Yesterday i rang Santander, where my current account is, to transfer the money They said their system couldn’t verify the payee details and they advise me not to do the transfer. I tried myself online, just planning to transfer…
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Sporadic saving rate increases
In contrast with the recent trend of a slow drift downwards in savings rates, there are several recent instances which buck the trend. I see Hodge have just increased their easy access rate up to 4.21 after dropping from 4.4 to 4.15 last month. Oak North have just upped the rate on their 95 day tracker from 4.51to 4.54.…
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T35V Gilt
If I buy say £10k of this in my Sipp and hold until maturity, what will I have in October 2035? Is it as simple as £4750 in coupons + the £10k back, ignoring any interest on the saved coupons ?
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Tax on Savings Interest
Hi, I'd like to understand how HMRC charge tax on savings interest, with regard to the example attached. I've read this https://www.gov.uk/apply-tax-free-interest-on-savings and see that low earners can get the starting rate for savers plus the personal savings allowance. The example is for my wife who is earning…
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Top Easy Access acs Ranked: Top of The Pots - **No Chat**
I've had a few suggestions/requests to start a separate 'No Chat' thread, as the ToTP list gets drowned in 'chat' in the 'Top Easy Access discussion' thread. The aim is to maintain an easy-to-find ranked list of the c.Top 10, available to open & manage online, Easy Access accounts, with links. The purpose of this thread is…
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Global ETF vs Global Index Fund/OEIC
Sorry if the title isn't very clear as I'm new to investing. I am looking to invest a sum of money into the global stock market. I have started to watch "Damien Talks Money" on YouTube, and he said that if he was getting into investing again he would start out by putting money into the Vanguard FTSE All-World ETF…
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Scottish Friendly fund transfer nightmare: my six‑month ordeal
Hi all, I wanted to share my recent experience with Scottish Friendly in case anyone else is considering investing with them. Earlier this year I requested a transfer of funds from a Scottish Friendly account to a OneFamily account. What should have been a simple and straightforward request turned into a six-month saga.…
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Moneda Capital Warning
There have been a few threads in the past about Moneda Capital that seem to have disappeared . The bank they claimed to be working with has confirmed that they have no contractual relationship with them but interestingly Moneda Capital has now amended their advertising. Although they are still targeting social media…
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HSBC £100k Investment £1k cashback offer (Premier Account)
An interesting email from HSBC. Firstly inviting me to apply to upgrade to HSBC Premier (from Advance) but also if I invest £100k between 15th Oct & 15th Dec then can earn £1k cashback on 31st January 2026. https://www.hsbc.co.uk/content/dam/hsbc/gb/pdf/accounts/hsbc-uk-premier-cashback-offer.pdf The sting in the tail is…
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CGT bands
Does
the 25% tax free cash taken from a SIPP count towards the threshold for 18% /
24% CGT bands?
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Chase Boosted Saver
I have been banking with Chase for some time now, have a current account, credit card and a boosted savings account of 4.3%. The boost on the savings account is due to expire in around 6 weeks time. They currently still have the offer available for existing customers in the app to open a new boosted saver for a six month…
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Starter Rate for Savings Calculated on Gross Salary or Salary Less Employee Pension Contributions?
Hi all, Apologies if this has been asked before, I searched and couldn't find a specific answer. Id like to know for sure how the starter rate for savings is calculated with respect to employee PAYE pension contributions (deductions). Lets say my gross was £18,000 and employee pension contribution (net pay arrangement,…
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The Top Fixed Interest Savings Discussion Area
I'm interested in people's thoughts and recommendations for the best fixed interest accounts. With BOE interests rates recently starting to increase we have to consider the desirability of long term fixed interest savings. Since withdrawals are usually not permitted before the end of the fixed period, such general interest…
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General Discussion and Whimsical Banter
It was only a matter of time. Personally I've never minded the off-topic comments in the main threads to discuss top easy access and regular savings accounts, but I can see it's becoming a greater problem given that there just isn't a whole lot going on in the top end of the savings accounts market right now and possibly…
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United Trust Bank link on MSE site
I used the above link to open a 4.3% Savings account. The account is up and running but I am unable to access it online. I'm waiting for them to send me a Username and password. It's now 2 days since I applied. The account will close if I don't deposit anything within 28 days so I think I'm going to put my money elsewhere…
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Averaging up to decrease CGT liability?
Newbie question, any advice or experiences welcome. Let's say I bought some US shares, in a trading account 5-6 years ago, adding a few more here and there over the years. If one tech company has done really well in this time that would mean a large profit on paper, liable for CGT. If I wanted to empty out this trading…
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Inheritance money, help!
I have nobody to ask and the few I could ask are a little resentful of my situation so please be kind if you reply. My mum died last year. She owned her London home. I am the executor and myself and a sibling are beneficiaries. The house has got sale agreed and fingers crossed the sale will go through and I will do my duty…
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Is Martin Wrong about Savings Allowance Tax?
Martin has posted on Facebook with an example of tax paid for someone earning just over the higher rate threshold with the claim that earning more means it's better to earn less interest. I'm not sure if his calculations are wrong. Example 1 Earnings £49300, interest earned £1000. Total income £50300 (£30 above HR) so…
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Slow vs Fast easy access savings
I have noticed considerable differences between savings accounts and the speed at which they perform transactions. Slow ones can take days to transfer payments whereas others are instantaneous. I never see this mentioned when comparing easy access accounts, but it can be significant, e.g. to prevent overdraft charges. Fast…
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