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Do I hold onto USD or convert them know into GBP before it drops further?
I am holding 35k in USD in my bank account. I am concerned the rate against GBP is again going to continue to fall. Do I take the hit now or will the rate come about in the next 6 months.
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What is regular investing?
I'm trying to compare SIPP provider costs and the only table I've found is on This is Money. https://www.thisismoney.co.uk/money/pensions/article-14647325/best-sipp-provider.html The table has fund dealing costs, standard share, ETF and trust costs and regular investing costs - what is regular investing in this case?
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Another Santander Edge question
I already have a Santander 123 account (I am happy with it and wish to keep it open, the cash back from my direct debits is more than the 4 pound charge, and I have a monthly saver that I pay into). Can I ALSO open a Santander Edge Current account (for a Santander Edge Saver) or will they attempt to "upgrade" my 123…
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ISA or Pension Pot
Hi All, Newby here, I'm looking for advice, I have a sum of money sitting in an Aviva ISA and wondered if it might work better for me to start a pension pot? I am 66yrs old and am currently drawing my state pension. I work part time as well. My spouse has a very large pension pot in their name only ( although I am the…
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General Investment Account and Capital Gains Tax Question
I am aware that growth on a General Investment Account is subject to capital gains tax and that currently £3,000 growth in tax free. However, if you withdraw all your growth and pay the necessary CGT can you then reinvest the balance in another GIA? ……and can you have £3,000 growth tax free on both GIAs? Sorry if this is…
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DoorDash to buy Deliveroo
Yet another British company absorbed into the singularity of the American juggernaut economy. And along with it comes another British company stripped from the FTSE index. I'm actually surprised the US hasn't just bought every company in the UK by now. But then I guess we don't really have many companies that are actually…
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Moving share account, but when to do it?
I've currently got a share account with BoS, but I'm going to close it and transfer the shares to another provider. I'm due to pay the annual fee to BoS on 15th May. Should I transfer the shares before, or after, paying the fee? I'm concerned that the payment might be in advance for 12 months, so if I leave it until after…
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How many Santander Edge joint current accounts can you hold?
There’s a max of 2 accounts allowed in total per customer, but I’m not clear whether you can have 2 joint accounts or not?
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NS&I Premium Bonds Alternatives?
I'm looking for some advice on what would be a better return on my investment than NS&I Premium Bonds. I currently have around £30,000 in Premium Bonds, but with the win rates being cut drastically, I'm starting to question if they're still the best option. I know Premium Bonds are secure, but their returns are unreliable…
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Common Gripes Opening Accounts
I currently have fixed rate savings and cash ISA accounts across nine banks and open around two new accounts per year. Here are the common gripes I have when opening accounts with banks for the first time: 1) It's often never clear if I can send a test payment (of say £10) to satisfy myself that the payee details are…
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Inheritance money
So they managed to sell house it now been sold 3 weeks. The money is going to both daughters but they are sharing it with there daughters. Will they send the money to my partner or does a solicitor? Just wondering if there’s any more delays after the move in date to get the inheritance money?
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Pension - Notification of Reduced Annual Allowance ??
I am retired and dont have an income other that money that I take from two private pensions (one is defined contribution and one is defined benefit). I have just taken my first payment from defined contribution scheme and started taking payments form the defined benefit scheme late last calendar year. I have received a…
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Inheritance money
So it’s been around 5 months and the house isn’t on market yet will it take much longer? We are due some inheritance money but sadly the house isn’t on market yet some people say it takes years now some say less time any ideas?
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Sanctuary Bond from Equfund (IPS) Ltd.
I purchased this bond in 2020 and it was due to mature October 23. I received the first two year's interest payments on time but not the final year's interest or capital, despite many phone messages, emails & letters. The organisation purports to provide affordable housing and are still issuing application forms for…
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Help - Property Investment Partnership
Has anyone had any dealings with this company. We are thinking of investing some of our tax free pensions into this company who offer a good % on fixed terms they are not FSCS registered but are the sister company of Insight Financial Advisors TIA
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Royal Mail Shares now IDS
I have received some post today about these shares using their new name. I am being asked to vote/agree to something but it's as clear as mud what that is. Has anyone else had this? If so, can you tell me please :- Am I being asked to agree to the transfer of my shares to the new company? OR Are they asking me to sell my…
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COOP Regular Saver
I've mistakenly paid too much into my COOP Reg Saver this month. Will the whole payment bounce back or just the amount over the limit? How long is that likely to take does someone know? Thanks
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AJ Bell or Hargreaves Lansdown (or elsewhere)?
I'm very much a set it and forget it with the investing. Every so often I'll have a look - am I paying over the odds, should I invest in anything else/instead of etc. My Lifetime ISA is with AJ Bell. I can't remember exactly why I went with them years ago but it must've been to do with cost & availability. I could invest…
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Should I move money out of T212 to Plum? And what to do with extra cash?
Hi everyone, I currently have about £75K in my T212 ISA and I'm getting 4.35% AER I can also put in £26K for this tax year as it's a flexible ISA and I withdrew some recently. I also have about £80K available which I haven't put into savings yet. Right now in my T212 account it's all cash, but I like the option of being…
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What happens to my bank account savings if I die?
Sorry if this is a bit morbid. I'm curious to know what will happen to all my savings in my various bank accounts if I die. I have my savings in cash, Premium Bonds and Royal Mint DigiGold. Most of the cash is in banking app accounts such as Chase, Revolut, Raisin, Moneybox, etc., that only I know about, on my phone, which…
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
