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Now NS&I Guaranteed Growth Bonds withdrawn Alternatives that are available
Min deposit same as the NS&I Bonds £500 Beehive 1 yr 6.1% Ford Money 1yr 6.05% Ford Money 18 months 6.05% Ford Money 2 yrs 6.05% Worth noting Ford Money also offers monthly interest option (5.89% mthly) which may be useful to some people. Also monthly and annual interest can be paid away. 21 days to make unlimited deposits…
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Yorkshire Building Society website messaging problems?
Is the Yorkshire Building Society website having problems with its messaging systems? I recently applied to open a new account, but even as an existing member it asked me to supply identitification documents (sigh). I needed to message them to get clarification as to whether you need only 1 name + 1 address document or 1…
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Opinions on a possible perfect storm
My take FWIW, interested to hear what other's think. All opinions welcome good bad or ugly. I think almost everything is in a bubble. Bonds in a bubble. US shares (which tend to drive all other share markets IMO) in a bubble. Property in a neverending bubble. Crypto nothing but a bubble. Commodities in a bubble. Even the…
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Transferring from Vanguard to IWeb
I have an ISA with Vanguard with around £180K in it that I'm considering moving to IWeb. Does anyone know if Vanguard close your account completely if you only have an ISA and transfer it away from them please? Do I need to open a General account or something just to keep a few quid with them?
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ISA transfer rules in CURRENT tax year
I have already subscribed to a stocks and shares ISA this tax year and would like to move all my Cash ISA holdings from CURRENT tax year to it - is this allowed? Also, if after moving, I want to add funds to a cash ISA later this tax year to max out the £20k, is that allowed? HMRC website only says: "You can transfer your…
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Where to store your virtual documents
Admin , apologises didnt know where to put this thread but as its about banking etc I put it here. Please move it if there is a better place Hello, so having moved to paper free bank statements etc etc a long time ago I am now wondering where the best and safest place is to store things. store on laptop only - what happens…
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Transfer shares from non-ISA to ISA sharedealing account
With the changes in dividend allowance in mind (down to £1k this year, £500 next year as I recollect) I'd ideally like to transfer shares from my non-ISA sharedealing account to my Stocks and Shares ISA (Both with the same share dealing service).However the rules are that I can't do this, I have to sell from the one, then…
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NS&I Guaranteed Income Bonds withdrawn
From the NS&I announcement: "Postal applications received for a reasonable period will be honoured." Any idea what they might mean by that? What is a reasonable period? Postal application they received today, Friday? Next Monday? Next week? Two weeks?
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INRG
Dear all, Just wondered what members' thoughts were on the future of INRG. I got caught out by the hype a couple of years back and put some money in near the peak. Am currently about 45% down. Time to pull the plug, so to speak, or are there any more sector knowledgeable members who see this as being one to ride out in the…
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Where to save £20,000 for one or 2 years
I will soon be getting £20,000 from a share scheme at work and want to save it for one, possibly 2 years for maximum growth. I haven't used my ISA allowance for a couple of years so am assuming an ISA is the way forward, what ISA's are offering the highest return please for one or 2 year savings?
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Savings
Hello, I hope you can offer some advice. I have received a windfall of 50K that I want to put into a savings account. Having read the MSE guide to savings, I am set on putting them into an NS&I Bond fixed for 1 year at 6.2%. Now there are two types of Bonds: Guaranteed Growth Bond Guaranteed Income Bond. I understand that…
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Selling Australian SharesMy
My husband has some Australian Shares. He has been contacted by a claims company based in Australia who have offered to sell these for him for 30% of their value. What is the most cost effective way of selling them?. They are worth £20,000.
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Tax on interest whilst working in Switzerland for 3 years
What's the current thinking on paying tax, in the UK, earned from UK savings interest whilst working abroad. My daughter who is working in Switzerland is sending money home and wishes to open a savings account. Trouble is she will earn more than the PSA (£1000). Or is this £5000 if she is not working here? As this will…
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Coventry First Home Saver (1st Edition)
I want to start making withdrawals from my account. The terms are: 6. Withdrawals/closure 6.1 You can make withdrawals or close this account without notice, charge or loss of interest. 6.2 Withdrawals or closure can be made by: (a) internal transfer to an account with us; or (b) one-off electronic payment to your Named…
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Sad demise of Money Dashboard app
For those forum members with multiple bank accounts, savings accounts and active credit cards, the Money Dashboard app (MD) was a great way to list and track your running balances, using the open banking architecture to pull bank data into the app for ease of reference. From my point of a view it was a great way to…
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Daft to switch?
In the last couple of months I moved my savings from Virgin Money to a Kroo savings account as it had a far better interest rate at 4.35%. I saw on MSE that Natwest Group's Ulster Bank is offering 5.2%. It is worthwhile moving? I can see me having to create and apply for loads of savings accounts to chase the highest rate…
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When a fund manager closes your fund...
So I've been invested in BNY Mellon Equity Income Booster for over 10 years now, over that period of time it has paid out many thousands in income and I've been quite happy with the yield, but the performance of the units inside the fund itself has not been great, I've suffered about 30% capital depreciation, probably more…
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Where to save money I put aside for tax?
Hi all, I am a seafarer and typically qualify for SED (Seafarer's Earnings Deduction) giving me tax relief as I spend over half the year at sea. That being said, I always put aside the required % of tax for the year until I know I have definitely met the requirements for this (just in case, for any reason, I was not able…
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Ulster Bank loyalty saver
Tried opening an Ulster Loyalty savings account as it stated that you can live in England to apply but the application process then states that you have to visit a branch to apply. Confused!!
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Wife account and taxes
Hi, I and my wife have separate accounts but fundamentally share all the money, we have no problems about it, been doing forever. I was about to open a new saving account on my wife name for taxes purposes, but then I started to wonder about this sentence in the agreement: "the sole beneficial owner of all of the money to…