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Oh Martin...
Anyone notice that when trying to explain student loans now he has a graphic suggesting income tax at 45% only starts at £150k+?
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Virgin Money 10.38% regular monthly saver
Hi, just wanted to say that it took me just a few pain free minutes to easily open a brand new Virgin Money M Plus account so that I could subsequently open up and pay straight into its 10.38% regular saver account. It's a maximum of £250 per month and maturity date is 31st July 2025 so that was £162 for about 8 minutes…
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investing life insurance payout
I have recently been widowed very suddenly at 54 .. my husband and I were not high earners and I only have a small pension pot built up (I am a nurse), but we had good life insurance which has left me with 250k after all my debts and mortgage have been paid off. I need this to work for me to replace his income. I have…
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Manchester Building Society Nominated Account
Hi people have said they can view their nominated account details online. Where is this as I cannot see mine? Thanks
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HMRC and savings interest
I am a basic rate tax payer and this year 23/24 will use all of my £5000 allowance & the £1000 sorry can’t remember their proper names and will need to pay some income tax. On my latest tax code notice 24/25 HMRC have put an amount of £396 for untaxed interest. First I should not have to pay any tax on interest for 22/23…
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GBP or Euro or something safer
Relying on income from GBP interest in UK bank as I live cheaply overseas. Worry that my income will be affected if the GBP crashes with the possible near future political chaos in the UK ....or do I just read too much news!? Anyway what would be a safer alternative to keeping gbp in the ISAs in UK bank. If I change it to…
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Are Midcounties Co-op development Bonds a good investment ?
I am thinking of buying some of these bonds as the rates are much higher than savings accounts. I realise my capital is at risk but is this a fairly safe investment for some of my savings ?
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Investment advice for 75-year old
Hello I’m looking for some investment guidance/signposting on behalf of my 75-year-old
mother. She currently owns four properties. One is her home, and the other three she rents out. Her current income
is the rental receipts from her three investment properties and her state
pension (she has no private pension provision).…
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Problem taking money out of InvestEngine
I have a very small amount of money with InvestEngine having taken up a MSE-recommended special offer, and now I want to take it out. In order to get into my portfolio it asks me to confirm my information is correct, and then it asks me to retake a questionnaire to check if my needs are still being met. Whatever answers I…
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Retiring/Tax Fee Shares
Hi All - I am Newbie looking for some advice please:) Have just retired. I have SIP Shares with the company and classed a 'good leaver' I have already maxed out ISA for this year and have savings. Options I have are: Cash in all shares tax free Cash in some and retain some Retain the shares - they will transfer to a CSN -…
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What is the point of the Marcus bonus rate?
I had some money with Marcus when it was competitive. I've moved it now but kept the account open. I just got emailed about the bonus rate. I can just login and apply the bonus and get this higher rate for another year. What is the point of this exercise?
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Snoop Savings
Hi, I've seen Snoop Easy Savings are giving 4.35% which would be good as my Chase boosted rate will end next month. Is Snoop just as good/safe? There doesn't seem to be any restrictions on withdrawing. Thanks
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Interest paid into joint account - tax help!
Hi everyone, thanks in advance for your help. This is the first time my husband and I have enough saved to be at risk of hitting more than £500 interest in one tax year. We're both higher rate tax payers. I have a 1 year fixed term savings account in my name only which will pay us around £600 interest next financial year.…
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Scam alert - Chase/Metro fixed savers and ISAs
Hi All Received this through the post yesterday. Rates looked too good to be true, so I checked with Chase and it’s definitely a scam. Pretty convincing though. Hope this helps someone.
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Personal finance modelling (pensions, shares, redundancy)
Hi all I am being made redundant and am looking at my finances to project the next 10 years before I retire. I have been speaking to some financial investment firms and they offer scenario planning using some software but want to charge me £1,500! Can anyone recommend some free software or their own excel which will help…
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Higher Rate Tax Payer interest rate difference
I know this has been asked lots of times before but a search wouldn't find an answer, hopefully this thread title will aid people in the future! What's the calculation to work out if a taxed rate savings account for a Higher Rate Tax Payer who's over their £500 allowance is better than a tax free rate?
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Moving Money from Santander Help2Buy into Plum LISA
Hi all, First post! Looking for some clarification about a move I'm looking to make. I have £11,600 in a help to buy ISA, and plan to move it all over to a Plum LISA over the next three tax years. Plum do not support transfers from Santander Help2Buy ISAs, and so here are my questions: - Could I not manually make a payment…
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NS&I login problems
For years now, I have had trouble logging in to NS&I. They suspend my logging in, so I have to go online and change my password. Problem is, that does not work. I am asked to enter a Hash Key, which never works. Every time I change my password, it stops working the next time I need to enter money into my saving account. It…
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Moved: Pension Query
This discussion has been moved.
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Which Vanguard Fund
Looking to invest some money for my 2 kids and debating between VG LS100 or VG Global All Cap (VAFTGAG). Will be invested for at least 10-15 years. Thoughts appreciated.
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