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Aviva shares - cancellation / tender of preference shares
Hi there, Newbie here. My elderly relative has a few shares in Aviva. They've asked me what this letter means. I *think* I know, but I admit I find the letter impenetrable, and would like to be confident when I explain it to them. Can anyone help translate the attached into layman's terms please? Many thanks.
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Scottish Widow Pension
I have a Scottish Widows (SW) work place pension which myself and my previous employer had made two years contribution. I have started making a £2880 'non-earning contribution' since April 2024. I plan to change and reduce the number of funds, and considering transferring out but SW needs me to sell down as cash before the…
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confused about what I can pay into my personal pension
Hi there I can't quite get my head around what I'm allowed to pay into my personal pension. I have just consolidated two previous employer pensions into one self-managed one with Vanguard. This current tax year, I earned a total of just over £5k which I paid directly into my employer pension scheme at the time, which…
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Moved: Part of a house in a trust
This discussion has been moved.
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Woodford compensation and No Win No Fee fees
I joined the class action with Harcus Parker for redress from the Woodford catastrophe which to cut a long story short was not heard in court and instead redress was made via FCA. I received the compensation which was a small fraction of what was lost and was very surprised to receive a bill from Harcus Parker for almost…
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Tax implication of selling stock to invest in pension or ISA
Hi there I have an equity investment that I bought in a year when I had already maxed out my stocks and shares ISA allowance and didn't have a pension product I could pay it in to. Now I would like to sell them and put some in my pension and some in next year's ISA allowance. The company (Vanguard) says the process is that…
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Child savings
hi, my son (16) has £29k in a savings acc which he does not know about. This has been made up of child benefit, bday, Xmas etc. The acc has been changed to an adult acc giving only 3.05%. I am unsure how to invest to get the best return for him ?
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Savings interest and tax
Hi am I understanding correctly what Martin said in his program tonight that even though my wife and I are earning over £1000 each in interest, we won't be paying tax because there is an extra £5000 each we can earn? We are both pensioners 80 years old. I have been putting money into ISA's so that our interest from our…
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Trading 212 - MSE40 Code
Hi. Per today's newsletter about setting up an above Stocks and Shares account, with a £1 minimum for approx £40 of shares... Can anybody advise where/how in the process of setting up the account do we add the MSE40 code in? Thanks
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GB Bank - The Good? The Bad? The Ugly?
I'm looking for an easy access savings account, and GB Bank currently seem to have a fairly enticing offer at 4.6% AER with a reasonable minimum opening balance and unlimited withdrawals, but I just don't seem to be able to find much information about them (apart from their own website). Does anybody have any personal…
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Fortrade CFD vs ETF
So I opened an account with them under the impression that I could buy ETFs from Fortraders But now they tell me they sell a mirror image of ETFs in the names of CFD Anyone know what they are please?
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Direct Payment Schemes for Inheritance Tax (IHT423) - Stocks and Shares
As HMRC have recently (late 2024) changed the rules to enable stocks and shares to be sold before probate is granted so that Inheritance Tax can be paid from the deceased's assets, under their "Direct Payment Schemes for Inheritance Tax (IHT423)", I've been trying to find any provider that has opted into this. I'm…
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Zopa Bank current account plus savings at 7.5%
My partner has just received an email from Zopa offering him a current account with linked savings at 7.5%. Has anyone had any experience with Zopa as a current and savings account customer? We are saving for a holiday to Australia and so want to get as much help as we can with interest but when I searched Zopa on here…
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Regular Savers accepting deposits by debit card
I think there was a thread about this or similar before, but i can't find it.Which Regular savers accept deposits by debit card?I believe Skipton and YBS do
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Fixed year bond that only pays interest at Maturity
I want to move my savings into a 3 year bond. At that point I expect to retire. However, my preference is to have the interest at maturity,not annually. Is there such an account. Everyone I have called and tried all say the interest is paid annually. thanks
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Gatehouse EA (NLA) is there a minimum amount to keep account open?
Moving my money elsewhere as rate goes down to 4.27% from tomorrow 19/3. The documents I have regarding the account don't state a minimum deposit/amount to be held to keep the account open. I'd rather keep it open if I can rather than close, but not if it's a high minimum. Can't find anything on their website, not to say…
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Junior ISA & Junior Stock and share savings
I have never done this before and need advice regarding opening a junior isa and stock & share account with the 8k to invest. what proportion should I consider and with who. Thanks
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No progress from Chip 4 days later. How should I proceed?
After failing to be able to access my Chip cash isa using their app on Friday after several attempts it has now locked me out. I have discovered that there was an update to the app a few days earlier so wonder if that is part of the problem. Having provided suitable ID I am still no further forward to accessing my money…
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Accumulation vs Income (S&S ISA)
My current platform has a high platform fee but no charge to sell and buy funds. , So I am looking to switch funds before transferring out. The new platform has a fee of £5 per transactions. From year 3, I hope to get some income from this S&S ISA fund and would it make sense to go with an INC as the tax free income will…
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What to do after selling flat and with salary. . .
Situation as follows for my current partner Salary: £105,000 Just exchanged on selling a property so will have approx £150k left after settling all credit cards and loans and a holiday etc. Own a main house and mortgage is just over £2.5k pm. She has £19k in a pension at the moment so is paying 40% tax. Seems better to put…
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