The Top Regular Savers Discussion Thread

ToastLady

https://forums.moneysavingexpert.com/discussion/comment/82022201#Comment_82022201

Mine all went through and credited to my accounts on Monday, no problem.

KneadtheDough

https://forums.moneysavingexpert.com/discussion/comment/82022214#Comment_82022214

Principality

Same here.

KneadtheDough

https://forums.moneysavingexpert.com/discussion/comment/82022210#Comment_82022210

Yes. A few months ago I did start a spreadsheet with information on the ridiculous number of savings accounts (and don't even start on the many different ways I fund them!), but it didn't get finished and it's mostly out of date now, due to the nature of most of the RS accounts. My other spreadsheet, which I used to monitor and maintain said accounts wouldn't make sense — not even to me most days.

And now I'm feeling even more worried (and guilty of causing potential stress at a very stressful time)!

snookerloopy96

https://forums.moneysavingexpert.com/discussion/comment/82022210#Comment_82022210

Yep, thats why I give an updated list every so often to my solicitors.

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82022198#Comment_82022198

https://forums.moneysavingexpert.com/discussion/comment/82022201#Comment_82022201

Principality

No issues for me. All mine went through as usual.

poblomov

https://forums.moneysavingexpert.com/discussion/comment/82022201#Comment_82022201

Haven't tried funding mine this month yet - you reminded me. However they seem to be experiencing their OTP issue again - not receiving one so can't login - or some other IT issue

Bob2000

https://forums.moneysavingexpert.com/discussion/comment/82022201#Comment_82022201

I just checked, and there is no issues for me.Two different banks and three separate PBS accounts.

Hattie627

I will be leaving a large Estate to a sole beneficiary, my niece who is currently 27 years of age. She is very mature, competent and well-organised in her financial administration, and she will more than cope when the time comes. She is also my Executor. I have discussed with her over several meetings the nature and extent of my Estate, and she understands what is involved. She is herself a client of the firm of solicitors who are custodians of my Will, and she will instruct that firm to act as legal agent for her (as Executor) in winding-up the Estate on my death. While I am alive I "share" with her an online document (prepared by me) listing all my assets and other vital information (for example, I have a rented-out property and the information includes the name and contact person in the letting agency which manages it for me; my niece will become landlord by inheritance under Scottish residential letting law and can either sell the property in her capacity as Executor subject to the tenancy, or recover possession to sell with vacant possession; she will take legal and financial advice on this after my death assuming I still own the property). With regard to savings and bank accounts, the document lists these with the name of the institution and account number(s) only (no details of balances etc). As accounts mature or are otherwise closed, I simply delete them from the list. It is very easy to keep the document up-to-date (just part of the routine now when I open and close accounts). I add new accounts as and when opened. I do not list the types of account (other than whether "savings" or "current") and I do not put addresses for the institutions (these change over time and the solicitor, or more likely paralegal, can quickly find Head Office addresses or other contact details online when handling the winding-up). Passbooks etc are not required after death (I have fairly recently wound up an Estate myself as Executor without using a solicitor, and was never asked for a passbook or similar). I do not give out passwords/online access information to my niece (not because I don't trust her with this information, but it is arguably a breach of the conditions of the various accounts and she has no need of this information either before or after my death). Because I keep the list document meticulously up-to-date, my niece won't have the laborious and depressing task of sifting through paperwork after my death (and some accounts nowadays don't have paperwork anyway). I have explained it all to my niece. She will hand the up-to-date list to the solicitors after my death and let them get on with it. They will write to the various institutions for date of death balances/valuations of account, and prepare the inventory of Estate for IHT and Confirmation (probate) purposes. Yes, a multiplicity of accounts/institutions may result in higher legal fees for the winding-up but this won't be a huge factor in the overall scheme of things. I want a good return on my cash savings while I am alive and this (of necessity) involves a multiplicity of accounts/institutions.

Dizzycap

@poblomov @ ToastLady @ Bob2000 @ allegro120 - Thank you for your replies regarding Principality. Phone call to them tomorrow it seems 🙁. I sometimes wonder if glitches / issues occur so that you have to make a phone call to keep someone else busy 😅. Although I certainly don't envy Teachers BS with the amount of calls they must be receiving whilst working with a backlog of RS applications 😯.

dcs34

It seems my quest last week to open "missing" accounts with Building Societies has backfired with my application for the Teachers BS regular saver disappearing into the ether. No entry of the application when I log into the online account. However reassuring that it seems other existing customers have the same issue.

For newbies to TBS you can make the payment once you get the "temporary" opening deposit reference number; but it won't be valid for CoP checks until the next day, so up to you if you want to do it early or wait for fewer warning messages.