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Government Bonds - Gilts
I understand that investments and possible gains on government bonds-gilts are CGT free. Does this apply to; 1 - Buy a dated 2035 bond at say 80 per unit in 2005 - matures expiry in 2035 paying 100 per unit - profit 20 per unit CGT free. 2 - Buy a dated 2035 bond at say 80 per unit in 2005 - sell at 110 per unit in 2015 -…
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Saving/investing income - in a lucky position with no idea where to start
Hi all. I'm in the very fortunate position of being mortgage
free in my 30s. I own a house that myself and my partner live in (unmarried at
the moment, this is likely to change at some point when we get ourselves
organised). We earn a decent amount a year (approx £100k pre-tax) and now that
the mortgage is paid off we…
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one off share sale
I have a few shares that I've held for years and now want to sell. I actually have the paper certificate, they're not electronic. What is the cheapest and easiest way to sell them?
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Sipp or savings
Hi All, Wasn’t sure what area to put this in as covers pensions and savings so feel free to move if needed. I have some disposable income most months (varies between (200 to 500) and I don’t know if to put into more regular savers or set up a SIPP. Personal situation 40 years old, wife and 1 child who is 7 ( unlikely to…
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300k and don’t know what to do for the best
I have POA for my 89 year dad. We have sold his house so he now has £300k to invest and grow . Where is the best place for this? . He does not need access to the cash. He also has £175k to add to the £300 next year . Suggestions welcome
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ETF and OEIC gilt variance
IGLT opened today over 2% down and drifted slightly lower, ending 2.34% down. My Fidelity gilt index fund, valued at midday, was up 0.13%. How does that happen, given they measure a similar index?
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Teenager savings/investment
My 17 year old son will receive somewhere in the region of £35-40k from a compensation claim. He may well be 18 before he actually gets the money but either way I am looking for advice because it’s a rather large sum. I’ve never had enough money to look into investment and am a bit risk averse anyway, so guess I’m asking…
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ISA advice
Hi, I have 10k in savings and wish to put it in an ISA however I am in the process of buying a new house and although I may not need the money out again there is a chance. So I don't think an ISA that is fixed for 1 year is suitable. What is the best way to handle this 10k that I may or may not need access to before the…
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Systemic incompetence - Aegon
We're having a torrid time trying to cash in Aegon investments into an annuity. The process has been ongoing since October, with an IFA charged to handle the transaction. Multiple documents submitted, multiple calls with 40 minute pickup times, multiple "confirmations" that Aegon has received all the necessary paperwork…
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Vida Savings
I see Vida Savings, established in Dec 24, are topping the fixed 1 yr bond rates just now. Anyone heard of them? Interested to hear your thoughts.
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Legal and general included a visual chart in the pension app.
It's not that important really but it's quite nice to see the visual impact of your contributions besides a simple percentage number. Here's what it looks like The only thing I would have liked to see changed is little dots on the chart marking where your contributions are, and a line showing your average cost.
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Depositing funds into NS&I Guaranteed Growth Bond
Hello all, this is my first post after just joning. I will shortly receive a lump sum to invest and was looking at the new rate with NS&I - 4.2% one-year Guaranteed Growth Bond. As I couldn't find the relevant information on their website nor a number to phone, I used their chat function yesterday. My questions were * How…
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40% tax bracket 1st timer
Hi Everyone I've recently had a job promotion and will end up paying into the 40% tax bracket. I'm struggling to understand what my take home would be in the months I go over. So I earn 60K with bonus included so I understand that its only about 10K that gets taxed 40%, normally take home 3200 so minus 40%= 1920. Would…
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23yo - £100 pm - ISA vs Pension vs Sharesave
DS is starting to get established in job and has received an offer to join M&S Sharesave Assuming £100pm investment which of the above 3 would you put it in ?
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Tax on savings
We are about to sell our house put the funds of 485k into my wife’s bank account which is Ulster Bank and 4.5% interest; think we will put 20k each into an isa too; but, my question is, we will earn around £1830/month in interest. My wife is shortly going to start working as a PAYE earning around £1250/month, so how will…
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Faster buy/sell than Vanguard?
Hi. I have a pension/savings strategy that uses Vanguard which was an appropriate company to use for my previous circumstances, where I had a steady income and only ever wanted to regularly buy and not sell and their fees were low. My circumstances have now changed and a few times a year I’ll have to sell and the delay…
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Ford Savings
Hi I have multiple saving accounts with Ford savings which I top up monthly with various amounts to help me budget. The interest rate is constantly getting reduced and I have tried to find an alternative bank that "allows" you to have multiple accounts with them with a better interest rate I know about chase but I wont be…
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Melton Building Society - Migrating Computer Systems
Hi everyone Just adding this info for anyone reading the thread now the new system has launched: Pointing out info that may help: 1. Ensure you drop the first 0 from your mobile number 2. For your account number, omit the 3 letters at the beginning and the end of your account number and add a 0 in front. For instance, for…
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Freelancer. Where to put the money I save for my tax payments
Hi Everyone, I am looking for a sensible place to save the money I put aside for my tax payments. I am a freelancer earning about £1,900 NET per week - working about 40 weeks in the year. I normally put £1k aside each week I work or close to that. Anything left over after my tax bill I move to longer term savings eg. ISA.…
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FirstBank - any good?
Hi I'm considering a FirstBank 2 year fixed rate bond. They are in the MSE 'What We'd Go For' recommendations (and FSE protected) but the Trustpilot reviews for this bank are poor and their website has a distinctly amateurish look about it! Anyone got any direct experience of a bond with this company? Or tips to impart?…
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