-
FSCS Protection - investment via savings marketplace
In top fixed terms savings at MSE there is an option to invest with Aldermore for 6m via Savings Marketplace account Prosper. "Prosper is a 'savings marketplace', which means that it does special deals with banks to offer savings accounts – often at higher rates than are available direct with that bank. The Aldermore 4.63%…
-
Vanguard £90 a share?
Hi Vanguard is showing as £90 and some pence, it doesn't say if this is 1 share or all that one can buy?
-
Investing in funds - INC or ACC
I have a lump sum to invest in funds for at least 10 years. And I have maxed out my ISA allowance but plan to move this to S&S ISA until they are all within the tax wrapper. As I am not touching this money till at least it is all within the tax wrapper. Would it make CGT reporting easier to invest in INC rather than…
-
Savings account set up by my father
Good Afternoon, I received a savings cash book from my father who I no longer have contact with. The booklet has his name on it and clearly states “on behalf of” then my name. I went to nationwide to try and access this money but they wouldn’t allow it. They wouldn’t give me any advice on how I can access this account…
-
More problems with Raisin UK & limits of the Financial Ombudsman Service.
The Financial Ombudsman Service covers banks, building societies and payment services but NOT deposit aggregators such as Raisin UK and others. I know this after complaining to the FOS about Raisin UK, waiting for 2 months and then getting the investigator's reply: we have no powers over a deposit aggregator. I emailed MSE…
-
1p savings challenge
Started the 1p savings challenge today in two accounts but wondered if anyone knew how much one would save in a year by doubling up each day , ie. 1p,2p,4p,8p and so on.
-
Need to track my Expenses - Where Should I Start?
I have realized that I’m spending more than I thought each month, and I really want to get a handle on my personal finances. I’m looking for simple platform to track my expenses, or plan budgetingand identify spending patterns, and build better habits.
-
I have some money, what will Lloyds offer me?
Just sold a house, Lloyds bank offered to have their team meet me next week (online) with options for £200k. Their savings rates are pisspoor compared to other places, will they pull something out of the bag? In the meantime, I've opened an ISA with Tembo, and a '5% for a year' savings account with Chase
-
Does anyone here use an IFA?
Appreciate this is mostly a forum of DIY investors but as I get older, and whilst I don't think it's necessary right now, I've not ruled out the idea of getting professional advice at some point. If you live reasonably frugally and have built up a decent pot - and if you have an ongoing relationship with an advisor v…
-
Children’s Ethical Savings Lump Sum/Regular Saver
I have 2 children aged 14 & 11 and a Halifax monthly saver account for each, into which I save £100 per month. The total is transferred annually to the kids saver which is currently getting a pitiful 1.04%. They have around £13.5k & £10k each in them respectively. I need to find a new long term savings account for this…
-
NS&I Guaranteed Growth Bonds
Just had maturity options letter for my NS&I GGB 1 year due to mature on 3 September. The default option (do nothing) is a rollover to another one year bond at 4.18% fixed. Old rate from last year is/was 5.15% Interested to know what others will be doing.
-
'Standard practice' IFA Fees
I have too much money sat in banks so contacted a financial adviser to ask what I should do with it that would be more sensible. He produced a plan. When I asked about fees I was told the "ongoing advice charges" would be 0.75% p.a. When I asked if this was a percentage of the profits [if any] made from my capital or a…
-
Interest calculations check
Someone recently suggested that I should work out whether it would be better value to spend a given amount of money on a 12 month regular saver, a 12 month fixed account, or paying that amount off the mortgage. Sample interest rates and values used. For Reg Saver - funds start completely in the current account at month…
-
Reporting of interest to HMRC - is it done as a whole per institution or per account?
Hi everyone I’m trying to find if interest gets reported as a whole per institution or if they send the detail of every account. So for instance, would it be: Customer X National insurance number Barclays: total gross interest £100 or Customer X National insurance number Barclays Account 1 £20 Barclays Account 2 £30…
-
Savings instant access
Looking at other posts it seems the West Brom BS Four Access Saver Issue 3 now has the best rates for instant access? Currently have savings with Chase but looking to move. I like chase as the customer service is good but need to try and get better savings rates. Is there any known problems with West Brom like poor…
-
Sector performance data
Can I
please check something about graphs showing sector performance compared to
index funds. Is the sector (eg IA Global) the performance of all funds – or maybe
just actively managed funds? – in the sector? And if so, does the gap between
the sector and an index fund show the underperformance of actively managed
funds…
-
iWeb are moving to Scottish Widows
As the title says, the iWeb system will be moving to Scottish Widows later this year. The S&S ISA and Share Dealing Account will still be free of account charges and have a £5 dealing commission. There will be an option for free regular investing. There will also be an app! It all seems like good news. More details…
-
HMRC SA and transfer of MArried Allowance
Hi, I don't think this is necessarily the right forum for this, but wasnt sure where would be better as I know many on here are very knowledgibla. My wife has transferred 10% of her zero rated tax allowance (Married Allowance). This was set up a year or two ago and has worked so far (with a but of help from HMRC). I did my…
-
Zopa Pots 7-day boosted rate
I keep some small bits and bobs of money in Zopa's 7-day boosted pots. I'm not sure when they've changed the rates, but I'd have to say now, boosted from what? Given that the Primary easy access account is 3.5%, the 7 day boosted rate is 3.33%.
-
Flexi ISA vs savings
Currently my Flexi cash ISA (£1000) pays 3.9% and a savings account pays 5% I am a basic tax payer, would it be better to move the Flexi ISA to the 5% savings account ? Is one of the ways to work it out: 5 % - 3.9 % = 1.1% 1.1% x £1000 Flexi ISA = Interest earned Interest earned - (Interest earned x 20% tax) then choose…
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
21.4K discussions
162.2K comments
Most recent: HL Active Savings Cash ISA by gt94sss2
Today at 6:37PM
