-
Correct overall allocation
As I only have some basic information about investing, hence, I have chosen a global index tracker, as it 'mirrors' the market weighting . However, it includes some home bias. I am aware there are trackers which excl the UK but then it does not reflect the market allocation. How do others deal with this (including non…
-
Is this allowed or is it considered an abuse of the system?
I recently came to learn that if I open a SIPP and deposited the money I have in my S&S ISA into it, the government will give me an additional 20% on top. Here's what I currently have. Company pension that matches my contribution up to 7.5%, which I'm maxing each month. Then I have my S&S ISA which I invest into each month…
-
Charter Savings Bank - deposits & withdrawals questions
I've just opened a savings account online, and have sent a test £1 deposit, which I'm waiting to see in the account before I transfer more. I was wondering whether existing customers could answer a couple of questions: 1. How quickly do deposits (via bank transfers) typically appear in the account? 2. How easy and quick is…
-
Secure Trust Bank logon problems today
Has anyone else experienced problems when attempting to logon to Secure Trust Bank Internet Banking? I use a bookmarked URL and usually get asked for user ID, password and then 2 characters of my memorable word. However, today I was also asked for my email and DoB, which then failed, despite being correct and now stating…
-
When is tax to be paid?
Hi, I have several savings accounts opened in April and May 2024. One of them pays monthly interest into my bank account, I know when to declare that to HMRC.Another shows interest accrued monthly on the statement but the interest is only available when the account matures. The last doesn't show any interest that's accrued…
-
Starting pension advice please
Hi I am 34, I am fortunate to own my own house worth approx £250000 but I have very little knowledge of pensions and realise I need to start somewhere. I am about to go freelance so my salary will be approx £30000.. I am looking at whether to open SIPP or S&S isa any advice would be much appreciated.
-
Problem with NSandI site
I keep getting booted off the site, for no apparent reason. Is anyone else having trouble with the site today?
-
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…
-
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
-
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…
-
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…
-
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…
-
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.
-
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…
-
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…
-
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…
-
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.…
-
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?
-
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…
-
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…
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
21.2K discussions
160.3K comments
Most recent: Reeves' ISA review by pecunianonolet
26 October at 10:37PM
