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Tesco Bank to be bought by Barclays
This could be interesting.... https://www.bbc.co.uk/news/business-68249167
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Why this strange daily movement in UK smallcap unit trust prices
Is anyone familiar with the pricing of smallcap unit trusts and how they relate to their underlying market? Over the past month there's been some minor divergence between these funds and the smallcap index, however today they have moved particularly violently upwards ~3% without any substantial movement in the underlying…
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What's the current thinking on premium bonds?
I'm trying to work out the best place to keep my savings, with the stipulation that I might need to access it with short notice so don't want to lock it away. I have maxed by ISA allowance this year and have a little over 40k in a high interest savings account. I'm aware I will pay tax on this interest so I'm wondering…
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Bonds v bond funds
Over the years I've picked up little bits of information about bonds, but they still remain a mystery to me.This now seems to be a problem as the advice is to transition from stocks to bonds as you get older, and I wouldn't know where to start in buying bonds.Buying bond funds seems to be a way of getting around this,…
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Nationwide Force Closing Easy Access Saver (Book) Shares if changed to a Bank
Has anyone received a letter advising that from Feb 2025 Nationwide will close their old savings account and change the terms and conditions, so that if Nationwide ever convert to a bank they won't now have to issue shares to their members?
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When will any changes in Capital Gains Tax take effect?
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Thomson Reuters return of capital
I'm holding a small amount of TRI stock which last year distributed a "return of capital". For each share there's a distribution of around $4 per share and a reverse stock buyback. As a result each share was replaced by $4 cash distribution and a fraction of a new shares. After the distribution the portfolio value didn't…
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How do I know if an IFA is good?
Hi my query has 2 parts - I am looking to move a pension from Prudential (1) I think I am looking for the equivalent of Tripadvisor for Financial Advisors - does this exist? I am looking for an IFA but need to know if I can trust them and the advise they give is good. I have had some recommendations from an FA that…
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Virgin regular saver - missed month
Hi All Just wanting to check if my understanding of the T&Cs is correct. I opened the account in September and paid in the max for that month (£250). I wasn't well organised in October, and didn't make a payment in that month. Made a payment of £250 earlier today (November). The T&Cs say: * You can pay in up to the maximum…
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Capital Gains Allowance
I just want to confirm my understanding of capital gains tax free allowance. Considering a hypothetical situation where I have two investments A and B and let's say, I crystallise a gain on investment A of £5k and a loss on investment B of £3k which sum up to an overall gain of £2k. This is well within the tax free…
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Mothers Life Assurance Bond
My Mother has a life assurance bond with Royal London, with a cash in value of £118KMy mother would like me to have the money now before she dies as she has Altzheimers and getting worse, im worried about tax.I have a joint bank account with her, If I get it paid into that instead of my own solo account would some of the…
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Quick capital gain tax question
Hello, Most of my investments are in a S&S ISA. However, I had in the past (10years ago) also had some funds outside the ISA on the same investment platform. Last year, I decided to "transfer" these from the normal investment account to my ISA account. However, this involved selling them, transfer the money between…
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Nationwide BS Flex Regular Saver Issue 3 - 6.50% gross
I couldn't find anything already mentioning this (but there's a lot of threads/posts, so if this needs moving mods feel free!) If you're an existing customer, the Regular Saver Issue 3 is available with Nationwide, offering 6.50% AER for a year, with 3 penalty free withdrawals, max deposit £200 per month…
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Tax-free sum ... hedging my bets
I have quite a substantial sum in my SIPP. I also have "2012 Protection" which means that as things stand today I could take out up to £450,000 tax free. Concerned as I am about Ms Reeves' intentions in next week's budget I have applied to take the full tax-free sum that I can now. Obviously if she doesn't lower or abolish…
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Wedding abroad - Euros Savings account?
Hey I’m getting married in Italy next year so all the services are going to
have to be paid in euros. I wanted to know if there are any euro saving
accounts? If so do they offer any interest? or am i better keeping my money in pounds for now?
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Christmas Savings Accounts
Painful as it is to start thinking about next Christmas, I had a Yorkshire Bank Xmas Saver in 2023 and would like to open another this year. However, I see no sign of it today on the YBS website. Any other suggestions? Does not seem to be much on offer and I would prefer to avoid Park Xmas as they give you a voucher.
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Moneybox Cash ISA - 5.15%
Hello Forumites I watched the MSE money show this week & I currently have a maxed-out Cash ISA (20K) with Moneybox receiving 5.19% till 11-Feb-2025 with a 0.94% bonus (then 4.25% thereafter; 20K paid in during Apr-2023) They are currently offering 5.15% on their cash ISA (including a bonus of 0.45%) which is higher than…
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RCI maturity options
I have 2 fixed-rate bonds that will mature in the coming weeks. The first is a NS&I guaranteed income bond (approx £12k) that matures next week. I also have a 2 year RCI bond (approx £10k) that will mature at the end of November. One of these I will reinvest into another fix, but the other I will put into easy access or a…
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Next crash?
Is the UK stock market under/over valued at the moment? This website says over valued, never seen this site before, lots of people on here with a lot of knowledge, but someone needs to ask the question. https://worldperatio.com/area/united-kingdom/
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
