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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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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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Money Market Fund (MMF) type ETFs - CSH2, XSTR and now GBPO & GONS
There appears to be a couple of new accumulating SONIA tracking ETFs launched in the last year from UBS and Invesco according to JustETF. UBS GBP Overnight Rate SF UCITS ETF GBP acc, IE000WNEYKM1, GBPO, TER 0.05% Invesco GBP Overnight Return Swap UCITS ETF Acc, IE0006N7AK90, GONS, TER 0.1% In common with CSH2 they appear…
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My Community Bank savings question
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…
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letter from unknown wealth manager
Not sure if I can share names, so haven't … I have today received a letter from a wealth manager regarding their change in ownership. I have no idea who these people are. I'm assuming it's related to a stocks and shares ISA opened a long time ago. I thought I had previously removed a fee earning agent from this ISA.…
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General Investment account - Do I NEED to use the full CGT allowance?
I'm due to be inheriting some money soon and I have been researching GIAs, as the ISA and SIPP will have already been filled to the maximum allowed for the current tax year. I have found that to utilise my full CGT tax-free allowance, I would have to sell £39,000 worth of shares to realise a gain of £3,000 for the…
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Frightened of Unusual Banks recommended on mse? Are they safe?
Good Morning I look at mse best buys regularly. I want a 5 year fixed rate and hampshire trust bank comes up on the site. I know it is fscs authorised. However in the past, i opened up a Marcus account, but half way through found myself terrified and didnt end up funding it, in case it was not ‘the real Marcus’, or incase…
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Moving savings between a non financially linked couple
Hi Been saving for a mortgage (forever) with partner and we have a decent amount of savings. Partner had pay increase that’s pushed him into higher tax bracket. I’m a basic tax payer. 90% of savings are in his name, just because we’ve always used his for savings and mine for spending. In hindsight, this was not the best…
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Freetrade customer service response time?
So I opened a Freetrade account last week with the intention of moving my s&s ISA and SIPP over from ii, to receive the 1% cashback. Before committing, I wanted to ask them a few questions, so I emailed them last Thursday, and then messaged them on the chat on Monday. Yet to receive a response from either. Are they…
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Buying fixed term annuity from Savings, is it even possible?
Or family is in a situation where some cash may be being distributed. One family member has little to nothing in the way of pensions, but A.I. (don't trust it) has lead me to believe there's a possibility of buying a Purchased Life Annuity from savings, not from a pension pot. The suggestions it gives are that the income…
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Old tab shares
hi all my grandad sadly passed away recently and part of his estate that is being passed to my nan was 708 tsb shares. Now we know tsb was taken over by Lloyds but does that mean the shares automatically became Lloyds shares and are currently valued as per the current Lloyds share price? Any help would be greatly…
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Transferring Tesco Shares
Wife worked in Tesco and paye into Tesco shares, is now retired and still receives free shares twice a year. She has the paper certificates up to date (over 20,000 shares )but they are held with equiniti shareview. With the shares doing well they are worth a 6 figure sum. Whats the best plan of action regarding…
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II interactive investment S&S ISA transfer
hi just heads up recently initiated the in specie transfer of my S&S ISA from charles stanley direct to II - really impressed took 10mins to set up my II account and transfer instruction. The transfer completed seamlessly in less than a week. II functionality seems great so far really easy to set up monthly investing And…
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S&S ISA Transfer - Scottish Widows to AJ Bell
Hello, Can anyone who's done this give me an idea of how long it took? AJ Bell are offering a £500 Amazon voucher to do this. I'm currently getting about £22 a day in my ISA in a MMF with Scottish Widows and would lose this during the transfer process. Thanks
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Most recent: Cash ISAs: The Best Currently… by Alicon88
5 July at 3:00PM
