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my dad bought shares in my name over 30 years ago - is there a way to find them
He didn't do it out of the goodness of his heart and it wasn't for my benefit. He's long gone now, but I'm just wondering if there's some kind of database for share ownership? I've got a vague idea some were in Lloyd's Bank and BT but, ah me, it was such a long time ago
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Tax and Profits
I have posted about how to make my money (all within ISA) work best for me - thank you for all the helpful replies, that was more straight forward for me as it was all tax free. However, as I have now used up my ISA allowance and I do not have 'partner/ spouse' to split the allowance'. I need to rethink of my options. As I…
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The rule of 70 explained
What Is the Rule of 70? The Rule of 70 is a simple formula used to estimate the time it takes for an investment to double in size based on its growth rate, taking into account compounding interest over the years. By dividing 70 by the growth rate percentage, you can quickly determine the doubling time. How Do You Calculate…
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Children's savings limits
My daughter is turning 16 and various financial institutions are contacting us both re changes to her accounts, permissions, providing ID etc when that happens. She currently has the following; High Street bank savings account £10k 2.05% Credit union account £2.5k 1.75% ISA (child trust fund) £2.5k 3.5% Building society…
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Tax Implications of buying an annuity
I would appreciate advice please. I consolidated various small pensions into two drawdown pots, with Pensionbee and Moneyfarm. I'm now considering buying an annuity with the capital in the pots. A financial advisor told me that I would be liable for tax on the capital amount when moved, as well as the income from an…
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Premium Bond
Please do not buy premium bonds( NSI and sandi) for children under 18, my son turned 18 in February and having no returns on them I have told him to cash out, Well that was beginning of February everything has to be done via download paperwork, which we have submitted countless times, and many phone calls, here we are end…
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More than one withdrawal daily from Chase Saver?
Hi, I've got a Chase Saver currently paying a boosted 4.55%. I thought I read somewhere that if you make more than one withdrawal per day you're penalised in some way but I'm not sure if I've made that up. Does anyone know if that's right? Thanks
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Birmingham Bank?
Hi, does anyone have any experience of Birmingham Bank? I am looking to lock away some savings in a fixed rate 3-5 year account and these guys seem to be offering the highest rate at the moment. I'd never heard of them before they were recommended here.
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Capital Gain offset gilts v equity
This maybe a daft question, can you use a negative CG (loss) on gilts against a positive CG on shares...
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I need assistance calculating a drip feed structure that optimises interest earned.
Good morning, I hope everyone's weekend went well. I'm new to the forum. this thread being my first post! I'm wanting to drip feed a lump sum of £8000 into 3 separate regular savings accounts, but I'm struggling to work out the structure/split that optimises my return based on the varying interests. The details are as…
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What else can I invest in
Hi All, Looking for some suggestions I am in my late 30's. I have * Investments: £190,465 (S&P 500 index fund) £132,000 in ISA. * Cash & Savings: £179,804 (Chip, Tandem) * Premium Bonds: £50,000 I have about £106,000 in my pension currently and have increased my contribtuion to £2696 per month. I am a higher rate tax…
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Savings advice required
Hi Posting on behalf of a friend. My friend has circa £600K to invest. At this stage they want to invest it into a savings account / platform. Appreciate this may not be the most lucrative, however, for various reasons, that is what they want right now. If beneficial, they can lock the funds away for a higher rate. From…
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Bad Alerts from Kent Reliance
This is only my second post here. Again not sure if this is the right place for it. Having problems with Kent Reliance regarding advance alerts. First problem is I am now getting late notice of rate reductions and with long notice this can cost me money. They often send me post of this and one notice arrived over a month…
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Edge Saver Closure - What happens to the outstanding interest due?
I wish to close my Edge Saver as it is coming to end of bonus rate and then reopen another one but what happens to my outstanding interest due? Thanks
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What saving account is ideal for my savings? (£7,968)
Hi, I posted this elsewhere but its worth posting here. I've only just explored savings accounts, regrettably I wish I did this much sooner but was so confused by all the jargon. I now have more of an understanding to maximise interest rates but I'm still confused what to do exactly. Apparently Plum has the best interest…
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Fixed Rate Offers Declining
With a high probability of a further rate cut next week many of the best offers are quickly disappearing. It seems possible to delay funding some by up to 30 days at the moment, giving a chance to buy now with no downstream commitment But I remember shortly after the last rate cut there was a rate rebound so you would have…
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Problem with transfer to Skipton
I transferred money from my Nationwide current account to my Skipton regular saver at 10 minutes past midnight on Friday morning (1st August). This had neither been credited nor bounced back to my current account by Saturday morning. I used the webchat function to query this and the advisor said there had been a problem…
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Receiving inheritance
Hi All My dad has passed away and I will be receiving approximately £100,000 within the next month or so. I am a 44 year old woman that works just above minimum wage. I have a partner who also works at just above minimum wage. I have two children at 14 and 18. I have never had much spare cash after all bills paid and food…
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Cahoot Online Banking Login Issues – Anyone Else Affected Today?
Hi all, Just wondering if anyone else is experiencing issues with Cahoot online banking today? I’ve been trying to log in via multiple platforms—Chrome, Edge, and my Android phone—but after entering my details and the text code, I keep getting redirected back to the login page. It’s a loop with no error message, just no…
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XO to II Mess and can't sell/close account
I closed my II account after being dissatisfied 18 month ago. I have an account with XO. Now it has migrated from XO, II say I've got an existing II account and when I'm logged into my migrated account I can see all my old account (I asked them to remove 18 months ago) and it's now live and a fee is due again this month. I…
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