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Inheritance
Hi, I have recently inherited £120.000. I live with my partner, not married, and we have 2 children early 20’s. I would like to be able to gift them some money ready for when they buy a house, around £10,000 each, they have also inherited some money too of £10,000 so they will have £20,000. With the rest of the money I…
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IG Promotion - Invest £50 or more and get between £40 to £200 in bonus shares
Hi, Just came across this promotion and having read the T&C's I am not fully clear. https://www.ig.com/uk/bonus-shares-promotion-oct-25 1. Open the account e.g. S&S ISA or GIA and pay at least £50 in 2. Buy some shares and use up the full £50 in one transaction, ideally you make 2 small extra trades (higher pay in…
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Employer Shares & Leaving
Morning everyone Wonder if you can help with my issue - later this year I’ll leave my job where I have previously purchased shares (this is not currently a listed company but has partial employee ownership due to size). The shares were purchased in their 2023 ISO. I’m told that these cannot be retained as I’ll no longer be…
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German trading platform
I use Hargreaves Lansdowne to trade as it is safe so I know my money is safe with them. They offer a large choice of funds to invest in and to trade, particularly ETF. My cousin says she want to invest in ETF as well but she lives in Germany so on the off chance, does anyone know of a similar platform to Hargreaves…
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Metro Trust Bank Account
I am a Trustee for a Trust which my late uncle set up to benefit my cousins upon the death of my aunt, who is now 91. Earlier this year, when my aunt moved to a care home, we had to set up a bank account in something of a hurry to receive the proceeds of the sale of her home (around £200,000). In the end we established the…
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Moving abroad (currently using AJBell)
Hi everyone I am planning to move abroad (I'm not a British Citizen, in case that makes any difference). I've been using AJ bell ISA as my pension/investment pot for the last few years, but I've realised that, once I'll move abroad, I won't be able to contribute in any way to my savings. So, I was thinking of moving my ISA…
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Principality Log on?
Hi I can't log into Principality at the moment. Anyone else having problems, or is it just me?
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To use regular savers or not
Confused and can't get my head around whether regular savers accounts are an option for me... I have savings - over £30k What i can't understand is whether i am better having this in an easy access account paying a decent rate, or moving some into regular savers accounts? Surely a decent amount is better altogether earning…
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Great British Invest off or Passive V Active Updates
For those who are curious to compare their Passive or Active investment strategies I'm starting a new thread today with monthly updates (Bottom lines only in £). For details see https://forums.moneysavingexpert.com/discussion/5719517/great-british-invest-off-or-passive-v-active-discussion Monthly updates on portfolio…
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Unit trust transfer to grandchildren
I have 4 grandchildren (ages 9,17,19,21) and I’d like to transfer ownership of these Unit trusts to my grandchildren- this I can do for the 19 and 21 year old but not the other two. Should I transfer the Unit Trusts to my daughter (high tax payer) or find some other way to pass the money to my other two grandchildren?
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Reporting Savings interest to HMRC
We have savings interest more than the £1K allowance (20% marginal taxpayer) and we need to report this to HMRC (or at least make sure they have the information). Is there any way to do this online or if not how do we do this? (we don't do self assessement forms normally).
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PCLS and Cancellation Rights
The FCA has aligned itself with HMRC's view that cancellation rights do not apply to a Pension Commencement Lump Sum. Thus anyone who plans to take the lump sum in anticipation of its reduction or removal in the next budget then return it under a 30-day cooling off period are forewarned that they can't.…
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Free shares from a building society.
A long time ago I was given 400 free non cumulative preference shares from a building society and then they merged with Lloyds and they became Lloyds non cumulative preference shares. I was sent a notice of redemption last year and received £412.95 from the redemption. Do I need to declare any of this for capital gains tax…
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Unable to obtain BBSI figures from HMRC
I have many savings accounts. I frequently open and close accounts and move cash around to obtain the best interest rates. That makes it very difficult to keep track of the interest despite using an Excel spreadsheet. I need to complete a Self Assessment return for 2024/25. I wrote to HMRC at the beginning of September…
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Spring from Paragon
Hi all, strange one, a few days ago I chose Spring ( from Paragon Bank) to start a savings account , chosen based on rate (4.3% easy access) , access, and a good app, I got it from MSE , however just checking what else is out there and searching today I cannot find it anywhere, or indeed on other sites, any ideas? thanks
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Need to move funds
Hi, I have 3 weeks left until the chase boosted rate ends. I need to move the funds into another high interest account for a month whilst I hope chase send me another boosted offer. Any recommendations please? I did try Chip but then found out it's just 3 withdrawals per year. Thanks
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Buying and selling on T212 without limit
I've recently sold about £40k worth of Amundi Global Tracker on T212 and set a limit slightly above current sell price. It is selling in dribs and drabs, about 30k sold in 24hrs, in about 14 chunks of differing amounts..... I also bought 40k worth of VHYL at best which went through immediately in two chunks of slightly…
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Investment Bond Captial Gains Tax query
I urgently need advice on capital gains tax for my joint share of a £130,000 Pru investment bond, which needs to be liquidated after my house sale now I am divorced. I'm a low earner (£25k/year) with two children, and this money is crucial for my new home, as agreed in my divorce. I also have an IVA of £30k which I am…
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Kent Reliance Isa transfer to Zopa
The letter from KR advising maturity instructions took over 6 days to arrive after being sent on 15 September, and I only opened it after we got home from holiday on Sunday. It matured yesterday into another 2 year fix, at 4%. I'm thinking the easiest place to shift it would be Zopa as I have a smart save account and an…
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Ford Money Flexible Saver Recent Interest Rates
Received an email notification that the interest rate on my Ford Money Flexible Saver will reduce from 4.18% to 4.04% wef 14:10:25. Although it shows as 4.18% online, my records show the last change as reducing from 4.35% to 4.27% wef 11:08:25 (the same date when the ISA did indeed reduce to 4.18%). Fired off a secure…
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