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Savings & investments

Discuss premium bonds, regular savings accounts, autosaving apps, shares and much more.

Homeserve and Severn Trent Water
I had a letter from Severn Trent promoting Homeserve's plumbing and drainage insurance. If I take out this offer and I have a plumbing emergency which needs Severn Trent to do something before the Homeserve plumber can do his/her job (eg turning off an external stop tap) would Severn Trent respond more quickly and easily…
Opening new/keeping accounts when living abroad
Hi, I used to live in the UK for many years until I decided to move to Spain a couple of years ago. I have kept a few UK accounts (easy savings, notice accounts and stocks) but most of them are no longer very interesting for my savings. Besides, I still earn my salary in GBP and most of my money is in the UK. I am…
Check Santander Edge Saver 12 month bonus has come to an end
Many will have opened a Santander Edge Saver (SES) just over 12 months ago @7%, 2.5% of which was a 12 month bonus. The 12 months is up which means your bonus will end and your interest will drop to 4.5%.The available SES has an interest rate of 6% including a 12 month bonus of 1.5%.To achieve another 12 months of 1.5%…
Save for retirement
Hi Everyone I recently came into an inheritance and have managed to pay off my mortgage 11 years early and now I am thinking about my retirement. I am currently 52 years young and would like to be able to retire well before the current 67 years old and I was wondering what would be best to earn enough money to retire…
CGT on Investment Funds (it's that time of year)
I have a Hargreaves Lansdown account and over the years have been transfering £20k a year into an ISA. Now the CGT allowances have been slashed I am having to do far more calculations each year when submitting my self assessment. Last year i just used the current price of the unit at time of sale when working out my gain…
Sorting savings for son turning 18
After general advice thoughts and musings on setting up savings for my son who turns 18 this week. He is currently doing a levels and will likely go uni. Our intention is to fund his uni through him getting the standard loans and us supporting with day-to-day expenses so none of his savings are intended for uni At the…
Reduce tax paid by putting to pension
Hi guys Asking for a friend - they are a higher tax payer - circa £90k pa. Is there a type of pension that they could pay the maximum into - that will reduce the tax on their pay packet, and not affect the take home pay too much? Ie - pay £2k a month into a pension and pay £2k a month less in tax? Thanks in advance
move funds from trading account to sipp, or wait until ISA allowance renewal date
Bogged down with choices from inheritance investments etc.I inhearited funds and topped up my wife and my ISA. i still have £45k with HL in a trading account, £40k in savings between both our names.And £20k in a AJ bell trading account, both have ISA accounts and I have a sipp, few 100k between my sipp and ISA. and 1…
Urgent help needed - investing in a private (unlisted company)
Asking for a friend who has been given the opportunity to make an equity investment in their employer - it's a large-ish company with a number of real offices in the UK, accounts up to date etc... but it's not publicly listed. So immediately high risk just on the basis of liquidity alone, but is there any specific process…
What to do with my money? Please help!
Hi all, As the title says really, I have some money saved up and I am unsure as to what to do with it. I am 28, live alone and have achieved this with no help from family etc by working hard and struggling along the way. I have a mortgage with £48,500 left on it. I am overpaying the maximum I can on this but avoiding the…
US Shares
I need help please, I have a some company shares held by Morgan Stanley, the shares are in the US, I'm a UK employee and I'd like to know how to cash them in, Morgan Stanley require a UK Brokerage account. Can anyone advise why this is required? about 14 years ago i had some shares and when I cashed them in they sent me a…
More than £10k in interest - self assessment form
Hi All - apologies if this has been asked before. I'm likely to hit £10k in savings interest this financial year. It will be a one off - we sold our house in March, and won't be buying for a few months - and are hence sitting on quite a lot of cash. Have already maxed out Cash ISA and PBs -so can't really move money around…
Standing Order - Cancelling?
When should (can) I cancel a Standing Order? I have an SO for Nationwide Monthly Flex Regular Saver Issue 2 savings account, one year. I have been trying to get my savings in order and preparing for this years savings. My last £200 (1st of the month) has been taken from the current SO and the account matures on 31st…
New money, the future
Hi I was after some help/advice if at all possible. This year will be the first year that my family has what I'd call a substantial amount of disposable income. We're looking at around having £4,000 after all bills and outgoings a month, the question I have is what would be the best/smartest thing to do with this money…
Significant amount from property sale - what to do with the money
Hi Genuinely asking for a friend, a relative in fact. He has sold a property abroad and is dealing with all the Capital gains tax implications in that country. Also transferring the money at the best Xg rate. He is a single father, on a low income, home owner mortgage-free, no savings, no pension, no other investments, one…
Advice for holding house sale proceeds for care home fees?
Hello savings people We're in the process of selling my partner's father's (FIL) home to fund his care fees. He's lost the mental capacity to deal with anything and been in care for a couple of years now. We hold power of attorney and have a deferred funding arrangement for ongoing fees in place with the council. His…
Saving VS Paying Debt
New to the forum, so huge apologies if this is a subject that has been discussed to death, however I have been thinking a lot lately about being more involved in the finances at home. For context my partner looks after them, and does a good job, but we disagree on a few aspects and I would be keen to understand what other…
HSBC Premier Banking and Wealth.
*if this should be in budgeting/bank accounts feel free to move it. I do the odd mystery shop, some of which involve banking tasks, last week I carried out a few on HSBC involving Premier Banking and Wealth (which incorporates savings and investments). Question I have is this - I find that if/when I do ever speak to…
Capital losses for asset ACQUIRED abroad but SOLD in UK?
Moved to the UK in April 2022. In 2023 I sold some crypto assets at a loss that were acquired in 2021. Now can I use these losses against 2025 capital gains? Many thanks.
ISA Management charges
I have an ISA with a reputable firm but after the inital 12 months i an now paying £5 per month in management fees. Do all ISA firms charge fees to look after (do !!!!!! all with) your ISA? Are there any ISA firms that will just be happy to looking after my ISA investment without charging fees?

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MSE News

NatWest to complete takeover of Sainsbury's Bank this week – here's what it means for savers and borrowers
Sainsbury's Bank's savings, credit cards and loans will be taken over by NatWest from 1 May. For most, this means little change for now as the Sainsbury’s brand will remain, though it's expected to be phased out towards the end of this year. However, if you've over £85,000 saved across both banks, you'll need to move any excess elsewhere to ensure your cash remains protected.
NatWest to complete takeover of Sainsbury's Bank this week – here's what it means for savers and borrowers
From Thursday 1 May, Sainsbury's Bank credit cards, loans and savings accounts will be run by NatWest as part of a deal between the two banks. You'll be moved to NatWest in the future, likely towards the end of this year, but for now the Sainsbury's Bank brand will remain and you can continue to use its products and services as before.
Martin Lewis: Is the £20,000 cash ISA limit about to be killed off? What you need to know
Plans to cut the £20,000 cash ISA limit later this year are being considered by the Government. In his latest video, MoneySavingExpert.com founder Martin Lewis explains what's likely to happen, what the changes would mean for savers and what you should be doing now.
Warning: 'WASPI' women affected by State Pension age rise should watch out for 'steep rise' in scams
If you're a woman born in the 1950s affected by changes to your State Pension age, be on high alert for scams offering compensation for this. Campaign group Women Against State Pension Inequality (WASPI) and charity Independent Age have warned so-called 'WASPI' women to be extremely careful, as there's been a reported "steep rise" in the number of scams targeting this group.
Martin Lewis: 'WASPI' women affected by State Pension age rise should beware 'steep rise' in scams
If you're a woman born in the 1950s, be on high alert for scams offering compensation for those affected by changes to their State Pension age. MoneySavingExpert.com (MSE) founder Martin Lewis has warned so-called 'WASPI' women to be extremely careful, as there's been a reported "steep rise" in the number of scams targeting this group – with some even using Martin's name.
Small pension pots to be automatically combined in future under Government plans – here's what it could mean for you
If you have a number of small pension pots you've built up over years of changing jobs, they may be automatically combined in future under new Government plans. This could make it easier to stay on top of your pension savings and reduce costs – but it's still very early days, and we don't yet know exactly how the scheme will work in practice.
Martin Lewis: Aged 20 to 25? Trick to get a FREE four-year railcard worth £100 from Santander
If you're aged 20 to 25, there's a trick right now that can get you a free four-year railcard worth £100 via the bank Santander. MoneySavingExpert.com founder Martin Lewis takes you through it.
Went to an employment tribunal between 2013 and 2017? Can you reclaim £100s?
Tens of thousands who overpaid employment tribunal fees are now due a share of £13 million, which could be worth £100s. But refunds aren't automatic, so you need to act to get your money back. Here's what you need to know.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.

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