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What to do??
Since get divorced last year and having 50k in equity now I was looking to buy a house. But since renting a lovely place and area Im in too minds of buying. But still want my money to make money which is not in in a Marcus sacs account which is only now 0.5%I have no experience investing in shares but I don’t mind putting…
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Best savings
Hi I currently have nationwide cash builder and get hardly anything looking for a good savings account not tied to opening current account and somewhere can go into branch and deposit many thanks live in uk
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Do we use our £100K to pay off our mortgage or is there a better use for it?
Hello, I'm looking for opinions on what to do with £100K i've inherited. I'm 46 & my husband is 50. I work part time earning £18k pa and have had an occupational pension for 20 years that I pay the maximum amount into. My husband earns £42K, his pension pot is currently £515K. My husband is likely to be made redundant…
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Reclaiming Capital Sum from an Annuity with Rothesay
On behalf of my father. He has an Annuity from Rothesay which pays out just over £200/year which he took out for his wife in the early 90s. He is keen to get back the capital sum to help pay for care home fees for his wife. However, he's now discovered it's 'non-communicable' and that's what he would have signed up to.…
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FTSE & DOW slide because of Reddit users!
My S&S ISA has indeed taken a hit today. And thats before FTSE has been affected. Gamers on Reddit have shorted the market. Check your balances!
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Whether to cash in life assurance policies
My parents took out multiple life assurance policies decades ago when it was probably a good way to save as well as have an insurance element. My father passed and my mother is in her 90's with enough other assets to cover any possible costs of care. The insurance element is not required and the savings are not required,…
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Please comment/advise/critique on our portfolio.
Hi, I am a new member of the forum and would appreciate any comments/advice/critique on our current portfolio. Some background: 52 years of age, married, semi retired living off property income, no mortgage or other debts, small db pension (c6k) from age 65. Our liquid portfolio is in 1x sipp, 2x isas and 2x gias (600k)…
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What is the Trustee of a Trust required to do ?
Please be gentle with me and if possible explain things to me in Laymans Terms.A relative of mine passed away a while ago and amongst other things, left a sum to be kept in Trust, with my Mum being allowed to take any interest/income from it (if she wants to), with me being named as Trustee.When my Mum passes on, the Trust…
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Is now a good time to buy bonds?
Hi guys,I have some cash in my S&S ISA. Is now a good time to buy bonds? For example, Im looking at what Vanguard offer, something like: https://www.vanguardinvestor.co.uk/investments/vanguard-usd-corporate-bond-ucits-etf-usd-distributing?intcmpgn=fixedincomeusa_usdcorporatebonducitsetf_fund_link If you click on the…
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UK broker dealing with US OTC shares
Does anyone know of a UK broker that permits transfer in (from Computershare) and selling of US OTC shares please?
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EIS Claims
Morning all, I'm not sure if this is the best place to put this, but wanted to gather thoughts. I have received a couple of EIS certificates, and rather than send them away by post, thought this year it would be better if I did an online tax return. I'm now thinking that might mean I need to do an online tax return each…
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What to do with £140k?
Hi all. I’m coming into some inheritance and after a few options. I’m currently unemployed due to disability, so will lose some, but not all, of my money when this money hits my account, so could do with investing it somehow to give me an income. I’m mortgage free and have no debts. I already have a S&S ISA with a small…
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stocks and shares ISA - platform: Fidelity vs Barclays Smart Investor
Hello. Can you please help me compare Fidelity fees to Barclays Smart Investor, for ETFs and shares? Unless I am totally misreading it, Barclays Smart Investor (0.1% on ETFs and shares and £6 for dealing) seems to be cheaper than Fidelity (0.35% on ETFs and shares and £10 for dealing). I'm thinking of opening a stocks and…
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Withdraw from ISA to savings?
Hi all. I have about 20k in Savings - 12.5k in a Nationwide ISA earning a paltry 0.03% and 7.5k in Atom bank earning 0.5%. I'm 34, a higher rate tax payer, no debt other than the mortgage, good pension scheme. Given the terrible ISA interest rate, should I withdraw the 12.5k and put it in the Atom savings? Or stick all 20k…
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Question about transferring 20K from new cash ISA from current tax year to new investment ISA
Hi, my friend opened just one cash ISA this tax year and has already put 20K in to it. He is now thinking about opening an investment ISA with Vanguard. Should he be able to transfer the savings from the cash ISA into it and if so, does it have to be the full amount or can it be partial? I thought the latter but Vanguard…
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Capital Gains Tax
Hi, my question can be silly but I would be grateful if you can explain it to me. Let's say I have full time job, earning more than £12,500 which is tax-free allowance in UK. Now I am buying shares (Revolut platform for example) and have 100 pounds profit after selling them later. Do I have to Pay 20% Capital Gains Tax? If…
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£100k to invest
Hi, i have £100k to invest and would appreciate advice. Already own house outright, have 1 investment property, age 45, have max premium bonds and ISA allowance. Looking for a better interest rate than a bank savings account but with moderate risk. About 15 years to retirement. Thanks
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S104 Holding Shares Self Assessment Computation
I am ok working this out, I see that you have to include an attachment or add information to the additional information of your computation My query is what information is needed to be provided for this computation? Are there certain values they are expecting to see? Thanks
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Critical Illness Payout - What to do?
Hi all, Long story short, I've had a critical illness payout. We've decided to pay off our mortgage, although I'm open to ideas as to whether or not that is a good idea (bearing in mind my prognosis is very good, but you just don't know). This will leave us with roughly £80k in savings, I've initially maxed out my Premium…
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Stocks and Shares Account App
I have my pension set aside but recently had a £5k tax rebate so I am thinking of opening my own personal shares account. This is new to me so I need relative simplicity. Is there an App suitable for Android/Chrome which will let me open an account and then buy/sell shares?