-
Raisin UK.
I should have a little bit of free cash next month, possibly up to 10k, which I may put some or all of into a bond. Excuse my naivety but how good are Raisin UK and how does it work? Looking on their site they almost seem to be a 'broker' type company. Normally I go with 'trusted' building societies (Atom is my one…
-
Money From Selling House, Where to invest
Hi, I’m trying to find somewhere to invest my money after the recent sale of my house due to my divorce. The house i was trying to buy fell through last minuet, so I’m struggling. I’m currently trying to rent and wanted to rent for a year, to look for somewhere to invest my money with not paying large amounts of tax or…
-
FSCS Limits
My wife and I both have an individual ISA account along with a joint online savings account (3 accounts in total) with a single institution. What is the amount covered by the FSCS? Is it £85k each for the ISAs and a further £170k for the joint account? Or is it, as I suspect, £170k for the total amount in all the accounts…
-
Chargeable Event Gain
I am thinking of cashing in a in a Halifax PIP plan and understand i will receive a Chargeable event gain certificate. Not quite sure what this is. I am a basic rate taxpayer in Scotland. Initial investment lump sum of £50k Nothing else invested, held for 17 years And gain would be approx £73000 Do I have to pay tax on…
-
Moved: Interest from ISA?
This discussion has been moved.
-
Can Capital Gains Tax rate increase mid tax year?
As Labour refused to deny that it would increase CGT and assuming the worst come the first Labour Budget.. Could they increase the rate applicable with immediate effect straight after the budget and if so would the rate then be different for sales pre and post rise? This will be the first year I'll need to do a tax return…
-
Investing in something like Vanguard Life Strategy when resident in France?
Hi all, my sister is an EU national resident and working in France. I live in UK, and am so far very happy with my small investment in the Vanguard LS funds. She would like to make a similar investment through regular contributions - does anyone have factual information how these funds (or something very similar) can be…
-
Help to Save scheme closing in August 2024?
Joined the scheme and paid the max 50 each month..my 4th year of saving ends 27 July..but still got the reminder to pay in this month today...however after logging in, screen says I cannot but i can again in August..Am totally confused..anyone else experienced this?
-
Quilter CIA advice
I'll try to keep this brief. My wife and I took over from my late parents as Trustees of a Collective Investment Account with Quilter held in trust for my 15 year old daughter. We want to top up the account with some money left by my parents. Quilter form asks whether I want the top up added proportionally to existing…
-
Ford money regular saver.
Hello. FORD MONEY 4.75% FIXED for 12 months £25min -£200max I've just came across the regular saving account do you think it's worth putting £25 per month into it? Thanks.
-
Cashing in Specific Premium Bonds
I want to cash in specific bonds (rather than the oldest ones first which is the default option for NS&I). I have tried to fill in the on-line form and ask for the money to be sent to my NS&I Direct Saver. However the system doesn’t like the information I’ve supplied. I suspect I may need to put in Sort code/account number…
-
How should I go about saving? I really don't know the differences or where to start.
Hi, I've been extremely poor at financial planning my whole life, but luckily have never really been impacted by it, but I need to start saving and planning ahead before it really is too late, and I simply don't know where to start with understanding why you would save in one way versus another. I recently switched banks…
-
Children’s savings
I don’t have any children of my own but would like to be able to save for my best friends children on a regular basis so they have something from me when they’re 18. I don’t believe I can open a children’s saving account as I’m not their parent, but are there any other tax-efficient options I can access which locks the…
-
Vanguard UK app - tester sign up
https://www.vanguardinvestor.co.uk/app/testapp Vanguard is bringing out its app: "Test our new appSign up to test our new app on your mobile phone. Tell us what you love and how we could improve things for you.'
-
Advice please on platform and investment for family member please.
A family member aged 37 has never had any investments apart from a savings account with his bank, he now wishes to start a stocks and shares investment. The amount that he could afford each month would be comparatively small, perhaps about £50- per month with a initial opening of about 3 to 500 pounds. I would think a…
-
NSI Index Linked Savings Certificates
I inherited some of these a few years ago and they've done pretty well, especially when inflation was over 10%. However, now that CPI is 2.0% I'm wondering if it's worth cashing these in when they expire later in the year. A 3 year fix elsewhere generally pays around 4.8% which after tax is 3.8%. Are interest rates…
-
Where to invest 25k
Hello all, I wondered if anyone could give me a few ideas? I am about to get a 25k payment for a small pension. I and my husband currently have an ISA, so we cannot add to this as its a fixed rate one. My husband is retired but i still work full time & pay tax @ 20%. with savings rates currently reasonably high, 25k into…
-
Oxbury Bank - Months of Apparent Inadequacy
This post is a combination of a bit of a rant and a warning prompted by what I consider a bizarre systemic inadequacy on the part of a financial institution tasked with safeguarding money.Since the end of the 2023/24 tax year in early April, I've been waiting for a Certificate of Interest from Oxbury Bank for my savings…
-
Preferred approach to dealing with a correction/crash
Hi, Having begun to learn the ropes of investing over the last 4 years with a relatively small amount of cash, I'm now nearing the point where I will be investing a sizable inheritance. My question is what is your preferred approach to maintaining a sufficient income when there's a market correction/period of poor…
-
Moved: Move LISA to SIPP?
This discussion has been moved.
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
20K discussions
149K comments
Most recent: Cash ISAs: The Best Currently Available List by subjecttocontract
Today at 7:25PM