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technophobe granny savings account
My wife and I are both approaching our 'sell by' date ... I deal with all finances and have a couple of different accounts that all require smart phone ot computer , which is simple for me ... I want to plan for the eventuality of me going first , in which case my wife would have big trouble managing our money.... She…
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Sovereign Gold Bond
Anyone invested in these? Imagine would have done well over the past few years. Besides the link to gold pay an annual 2.5% interest too
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Investing money in Trust
My father passed away last August and left his house in Trust to myself and my brother, but has given his partner the benefit of Life Tenancy. She wishes to sell the house and buy somewhere else (which she has the right to do) and any residual money from the sale has to go into Trust for myself and my brother but has to…
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Bare Trust - Multiple beneficiaries?
Hi, I'm investigating the process of setting up a bare trust. The intent is to put assets in trust on behalf of two minors (the beneficiaries). What's not clear from my internet research is whether it is better (or indeed even possible) to create a single bare trust with both minors named as beneficiaries, or whether a…
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Savings account to send a fixed monthly value to a current account
A family members has asked my help in setting up some kind of account that will drip feed them a small amount of money each month (to top up their salary) without them having the ability to access the capital (to avoid temptation / aid financial prudence). They would be happy to give me the lump sum, but not sure that is…
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Abbey National shares
Can anyone tell me how to sell my Abbey national shares. I have already been to Santander Bank and asked them, but they were not able to help me. All they did was to give me a phone number which I did try but no one pick it up.
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Drip feeding
After reading advise given on MSE I set about the process of opening an Easy Access savings account with the intention of depositing a lump sum say just for example £5,000 and using the Easy Access account to drip feed my Regular saver account .I bank with the Co-operative bank and can get 7% interest with their Regular…
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Direct Payment Schemes for Inheritance Tax (IHT423) - Stocks and Shares
As HMRC have recently (late 2024) changed the rules to enable stocks and shares to be sold before probate is granted so that Inheritance Tax can be paid from the deceased's assets, under their "Direct Payment Schemes for Inheritance Tax (IHT423)", I've been trying to find any provider that has opted into this. I'm…
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moving shares
I'm a complete novice with shares, so apologies in advance! I have a few Lloyds Bank shares (from the Margaret Thatcher era) that I want to sell, to simplify things for those dealing with my affairs when I die. They are held by Equiniti Shareview, and I can see them in an online account. They are the only shares held…
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Leeds BS online banking broken today?
Yesterday I made a withdrawal from a Leeds savings account with no problems. When I tried the same thing today, I got as far as the system sending a 2FA confirmation code.After displaying a rotating 'busy' icon for some time, a message appeared indicating the code had been sent to my email address.However, no code arrived.…
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Saving acc no interest
I want to save an amount every month but I dont want any interest.Do I just get a current account? Or are there any saving accounts out there that reward you differently without interest coming into it?
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Paying tax on interest
I am employed and self employed. As I understand it , you need to declare what interests you have earned on savings in your self employment tax return and then pay the tax due. But also if you are employed it will come out of your pay as HMRC will change your tax code accordingly to collect it in the next financial year…
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Global tracker or diversify?
If global trackers hold approx 60-70% US stocks, in proportion to global market weighting, some commentators have concerns that this means being over exposed to US and the days of US exceptional out performance may be coming to an end. Some therefore advocate reducing holdings in pure global trackers and allocating more to…
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Need Help On Selling Canadian shares
I am a lifelong UK resident & a shareholder in
Great-West Lifeco having acquired my shares when they took over the UK life
assurance business of Canada Life (whose shares I had post-demutualisation). The shares are in certificated form and are listed on the Toronto stock exchange (TSX). I wish to sell my shares but I can…
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Savings account - life interest in the income
An elderly relative is the beneficiary of a life interest in the income of a discretionary trust. The trust amount is not large and has been in a bank fixed rate account for many years. The bank has traditionally paid out the interest directly to the relative, but now is refusing to do so and says it must be paid to the…
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UK asset allocation
Just wondering what people's thoughts are on the proportion of UK equities to hold in an investment portfolio. Not with a view to trying to guess the future, but from a general long term investing perspective.
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Changing strategy & reacting to the dip in the market?
I understand the whole timing the market, lack of a crystal ball thing & as such I just pay in my monthly payments & pay little to no attention to what's going on in the world. When Covid landed, I did consider throwing extra cash in to my SIPP but I took time to decide whether I was going to or not & by that time I just…
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Capital gains tax.
Hi. I’m after some advice, I have a house which I lived in for nearly 4 years, I then moved in with my partner in his house and rent out my house. I know if I sell my house in the future I will have to pay capital gains tax on money I make when it was rented out but I have decided to leave the house to my daughters in my…
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Transferring money to a Financial Institution
I have recently opened a savings account with the Post Office - via a link in the savings advice page on this website/site. When I tried to set up a payment into the PO account from my Nat West account, it told me the the account payee name is unconfirmed. As I had use the the link from MSE and I knew I had the correct…
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Trading 212: impossible to log on with facial recognition
Just wondering if I'm the only Trading 212 customer who can't log into my Cash ISA account using facial recognition? It doesn't work on either of my Android phones or on my laptop. I keep getting a message saying "Sorry, we need to restart the recording". It's been like this for a couple of weeks and I've tried every…
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