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Equalisation for funds generating interest?
I have some funds in a GIA which I want to put into a money market fund (Royal London short term). The Inc. version pays interest twice a year. How is this treated for tax purposes? Is the first payment divided into taxable income for the period since purchase and non-taxable equalisation for the period before purchase,…
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Trading212 keep telling me I've logged in from a new device
This is probably a bit of a tech question but I'm asking here as there'll probably be more readers with experience of Trading212 here I only access T212 on my desktop PC or my Android phone via their app but every time I do, I get an email saying Login From New Device. I've looked under Devices in the settings part of the…
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Tembo Cash Isa
I was about to transfer my Cash Isa to Tembo. Having checked the FSCS website. I was alarmed to see that Tembo are not covered by the compensation scheme when using the FSCS? See screen shot below Why are Tembo being recommended if they are not backed by the FSCS compensation scheme? It's left me worried about trusting any…
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Nationwide Members bond 5% 18 months up to £10K
In case anyone is interested and a member of Nationwide, they are offering a 5% 18 month member bond where you can put up to £10K in - has to be funded within 14 days of opening. Seemed quite attractive to me so I have applied to open one up. I guess you have to put all the money in at the start.
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Selling Shares
I have shares in my name, they were transferred to me with intention that they would be for children when older. Children now old enough and want to sell From what I can gather the shares are listed on the New York Stock exchange what is the best way of selling these? What fees will I likely need to pay? Will I be liable…
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Premium Bonds repayments
Hi all - has anyone else had an issue like this? We requested a PBs withdrawal online; filling in the application form, entering the account number we want the repayment to go into. BUT instead of paying the PBs withdrawal into the requested account, NS&I completely ignored the requested account number and instead paid it…
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Should I sell Royal Mail shares now?
As an employee, my husband was given Royal Mail shares. Now the takeover has been agreed, colleagues have been panic selling their shares. Should my hubby sell now or hold off for a wee while?
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Thoughts on "Snoop" Easy Access Savings account (4.6%)?
Hi all, I've had a look around the forums and the website to see if anyone else has seen the new interest rate on the Snoop app easy access savings account. It offers 4.6% Interest on an easy access savings account through Vanquis Banking Group. It's reasonable high in terms of the interest rate, but I don't see anyone…
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NSandI's 2-factor authentication does not work
Four fruitless hours today trying to log in to NSandI. Their 2-factor authentication system asks you to press the star key (*) to listen to the one time passcode, but doesn't recognise the tone when you do. "Please press the star key to listen to your OTP." - presses star key * - silence "Please press the star key to…
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St James’s Place and SS&C Technologies
A Gemma Z is working for both companies as a Senior Manager. She refuses to explain the exact nature of this relationship or whether she is an employee or consultant! In fact I suspect it was in error that her out of office reply to my email to her SJP address came from her email in SS&C! Why all the secrecy and is this…
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Exceeding PSA with new pay rise - what to do?
Receive a pay rise this month that takes me into the higher tax rate. Nice surprise but that means the total interest from my saving will take me over the PSA for this financial year. I have the following accounts and expected interest this FY: NatWest saver - approx £276 Club Lloyds saver - £150, matures in Oct TSB fixed…
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Advice on what to do with the rest of my savings after ISA
I currently have £20k in an easy access ISA which I set up last month so my understanding is that i can't add to that, or start another ISA until April 2026? I also have £35k in my regular Monzo savings account and am being told by lots of people that's not the best place for it? I am trying to sell my flat and buy a new…
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Savings accounts paying higher interest rates
Hello - brand new to the forum here. I’ve been looking at savings accounts on the MSE webpage and a couple of weeks or so West Bromwich building society figured as one of the recommendations. With a rate (variable) of 4.65 for an easy access account it was (and still is on their website) a good comparable rate. But it has…
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Concerned about growing government debt - what effects could this have?
I seem to be hearing more and more warnings about growing levels of public debt, both here and in the USA. If this does turn into a full on crisis, what would happen? Bond yields will rise I assume (prices falling), and the stock market will fall? Will inflation increase? What could I do to protect my investments?
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Interest on non-working days
I've had a couple of regular savers mature (Principality and Saffron), and the money has been credited today (on a Sunday). Which of my savings accounts can I put in in so that it will earn interest today, rather than leave in in a non-interest accruing current account? I will then send the money to its intended…
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Is this normal? (Conister Bank savings account)
Hi, I opened a fixed rate savings account with Conister Bank. I also recently opened one with Skipton International. Compared to Skipton, Conister was quite a different process after opening. With Skipton i was able to set up online facilities so could see where my money was after depositing etc.…
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Can I sue my finacial advisor, and or company
Gave my FA instructions in Mid Feb 2020 to make a drawndown in that tax year. Had retirred earlier that year (slightly early) and wanted to utilise £2,250 tax free amount remaining from my personal allowance that year. Also instructed him to instigate a drawndown at the beginning of the next finacial year for £10.500,…
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NS&I Website Login not working?
Anyone else having problems logging in this evening? I am typing my correct NS&I Number, Surname and Password but it isn't going to 2FA, just circles back to the same login page without any error messages. Have tried on two different devices with different browsers.
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Money from offshore trust
Hi, just looking for some advice. I've recently been informed that I'm due to inherit some money from an offshore trust, legally this distribution isn't classed as inheritance - I believe it will be a combination of income or capital gains. As it's coming from the channel islands to the UK I'm assuming there's going to be…
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Place to park money from house purchase pending new house
We will have a large sum of money £700K plus for about 2-3 months in between houses. The money will initially be paid into a Lloyds bank savings account. I am looking for a good place to park this money pending the purchase of the new house. Is there a standard rule across banks for how much you can transfer in and out - I…
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Most recent: Tembo to Paragon transfer issue by stulaunch
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