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Loughborough Super Saver Account
Sent email on Tuesday with scanned application form and ID documents. Heard nothing, so rang them today. Apparently can take 5 working says to open account even if details sent by email so goodness knows how long if apply by snail mail. Not very impressed and having second thoughts if I will fund it. Shame because good…
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How are individuals officially nominated as candidates for corporate board seats?
Does this occur prior to the next annual general meeting (AGM)? I believe some companies have a nominations committee, typically comprising the board chair, vice-chair, board members etc. Do institutional investors with enough voting influence proffer names, does the nominations committee hire an outside company to present…
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Advice for son just starting out
Hello, I am looking for some help with how best to advise my son regarding money. He’s 22 and lives at home, bringing home around £2100 per month. He has a student loan and runs a car which is paid for. I’d like to help advise how best to save money and make it work for him, hopefully to install some good habits for the…
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How to compare portfolio performance?
Is there a relatively easy way to compare the performances of several portfolios? My colleague at work has put roughly the same amount into his pension as I have, but his has quadrupled and mine has only almost doubled*. He's convinced that it's because he has 25% of his portfolio in AV MyM Blackrock Aq Connect US equity…
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Calculating gain on a General Investment Account
I am thinking of opening a General Investment Account and know that I could withdraw £3k annually without paying capital gains tax but I am not clear on how to calculate the gain as I have never bought stocks and shares before. If I invest it £20k in a lump sum and it grows to £24k, I can see that the gain is £4k, so I…
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Capital Gains on Company Shares
Hi, I recently sold company shares which have matured after purchase in 2020. The shares have a capital gain of approximately £6,200 and i was hoping that, as my wife contributed to the purchase with me, we could utilise both of our CGT allowance for this tax year. I have however been told that because the shares are only…
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What time of day are Interactive Investor 'same day/urgent' withdrawals credited to bank?
Does anyone have experience of what time of day Interactive Investor same day/urgent cash withdrawals are credited to banks (Nationwide, if that affects the answer)? I am talking about the pre-2pm/£15 service out of a Trading account. The only answer ii could give me over the phone was "by midnight". Thanks.
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Savingshub/Monedacapital
Hi Savers. While trying to find a decent interest rate now that they have been cut by the bank of England I came across Savings Hub which I signed up to but instead of being taken to a webpage with options, I was telephoned by an agent later the same day and then emailed a link where one of their accounts offered 4.75%…
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Melton Mowbray Building Society
Kept on getting phone calls from a 0800 number over the last few weeks so googled it and lots of people saying it's a scam from someone pretending they are Santander so didn't answer. I called the number on the back of my debit card instead and they just wanted to update my email address and promised I should not be…
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Investing in -iShares core UK Gilts ETF- is this a good investment?
Hi, I am seeing the IGLT chart and think: WOW that looks like a longterm opportunity. It is ca 50% away from the high and pays dividends too. I don't 100% understand bonds that good. Am i falling foul? Our situation is that we are selling now our flat in London. We would then sit with 600k in cash which 200k are locked in…
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PAYING TAX ON INTEREST FROM SAVINGS
I have just retired. My scenario is simple in that I have only one source of pension - from the local government pension scheme. My pension alone uses up all my personal allowance. The annual interest from my savings is likely to well exceed the Personal Savings Allowance though will be nowhere near the £10,000 that is…
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Capital Gains Tax on National Grid Rights issue
I sold my nil-paid rights in NG last year. Can anyone tell me how I establish the base cost for the rights? Thanks for any help!
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Help with maximising my savings
Hello. Im looking to save a deposit for a shared ownership home. Ive given myself a 2 year target and a aim of £8k its going to be tight for multiple reasons so i need to try and maximise my savings. Sadly i cant have a lisa and im now just list in a sea of savings accounts currently putting £50 in a help to save account…
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Opening first SIPP
Very new and to all this and have been trying to learn... I want to take advantage of the govt tax relief on pensions... Thinking of opening a SIPP and depositing £2880 as a lump sum. In terms of an investment strategy, I was thinking of putting 100% into Fidelity Index World Acc. Using Fidelity as the platform... Somebody…
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Maths Q on how many shares to sell.
I wonder if anyone can help me out with a 'formula' please .Not being blessed at all with a mathematical mind, I'm floundering with trying to work out how many SMT shares to sell without going over the yrs CGT allowance. Basically I made a 5k purchase in each of 2014, 2016 ,2019 at an average price of 737.65 per share for…
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Property Investment Question ETF REIT Investing
Hi All! I want to invest into the property market, in a specific area in the UK, as I know it very well and the property prices in that specific area. Problem I am having, is beyond purchasing a physical property there, if I want to invest via a platform, either an ETF or REIT, it seems to be a general UK offering, rather…
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Inheritence money
We are due to get this as the house is sold the solicitor asked for bank details by post and a statement but it says it could take months is this right given the house sale is tied up and money in there bank? It’s a 4 way split so I know everybody has to send there form back but could it take months and they try and drag…
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Notice Accounts
I can't see any dedicated thread for Notice Accounts, so here we go. My question for all knowledgeable people in this forum is whether anyone has any experience with Allica Bank, I currently have a Zopa smart saver account and, so far, can't fault them really, but Allica are offering 2% for 95 days notice compared to…
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Where would you put £30k, aside from regular savings/ISA?
is there any other more lucrative options, besides regular savings account/fix accounts/ISA but saying that I don’t want anything extremely risky like investing in the stock market but are there any other options? if you had 20k to invest/ where would you put it? i’ve always just used a one or two year fixed savings…
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General Discussion and Whimsical Banter
It was only a matter of time. Personally I've never minded the off-topic comments in the main threads to discuss top easy access and regular savings accounts, but I can see it's becoming a greater problem given that there just isn't a whole lot going on in the top end of the savings accounts market right now and possibly…