-
"The Save £12k in 2024" challenge
This is the new Challenge thread for savers in 2024. The challenge starts on 1 January 2024 and finishes on 31 December 2024. Please report monthly and I will record totals on a spreadsheet. Link below. https://docs.google.com/spreadsheets/d/1-frtVz3nhAXAKlcjM5zqNyiLfSopVsc_tPK9Y_r7jPM/edit?usp=sharing You can save £12k or…
-
The Savings & Investments Sticky
FCA Unauthorised Firms and Individuals List The Top Instant Access Savings Discussion Area How much can you save? Share Dealing Discussion Area Regular Savings Accounts: The Best Currently Available List! Top Child Trust Funds Article Discussion Area >
-
HSBC Global Strategy Fee Increase?
Not sure if this has already been mentioned, but someone on another forum posted that the fees for the HSBC Global Strategy range of funds were to increase from 28th March. The below linked pdf document from January would seem to confirms this, though they would also seem to be implementing a discount structure based on…
-
Trading 212 pies - record keeping
Hi all, can anyone spread light on how they do record keeping on “pies” whilst using Trading 212 ? Some pies can be quite big (upto 50 different companies) .. so if held in a GIA, and gains are made, how does anyone go about listing / calculating the elements within to get the calculations done?
-
General Discussion and Whimsical Banter
It was only a matter of time. Personally I've never minded the off-topic comments in the main threads to discuss top easy access and regular savings accounts, but I can see it's becoming a greater problem given that there just isn't a whole lot going on in the top end of the savings accounts market right now and possibly…
-
Best way to save for kids uni costs?!
Please can I have some guidance. Got 3 kids between ages of 3 and 8 so I have 10 years approx before they start going off to uni. I suppose they will get loans for the fees and maintenance loans, but according to Martin I will have to give them about £5k per year each to live off. What's the best way to raise this money?!…
-
ONE BIG RUSH
Happy Easter Thank you for any comments / advice in advance. I do not have any ISA’s and have not for several years. I am very new to
the current process. I feel that I must fulfill this current tax year 23/24 ISA
allowance to its potential for tax purposes. I have £15,000 to place into cash ISA immediately. More to being…
-
VOTE now! Proposed take over of Virgin Money - Nationwide members should be given a vote
I'm really unhappy about Nationwide management running roughshod over their members (we the customers own the building society as it's a mutual), trying to push through a deal to buy Virgin Money. My quick take: * Nationwide management have proposed a takeover of Virgin Money * Terms of the deal have been agreed, but it is…
-
FinaMetrica Risk Profiling
Has anyone used FinaMetrica to do a risk profile? Everything I can find online for free puts me pretty much in 60/40. Wondering if it's worth the £30 to do one of these as it may be a cheap lesson on my real appetite for risk. Though I suppose none of these profilers are a substitute for seeing actual money drop off a…
-
Regular Savings Accounts: The Best Currently Available List!
1. Introduction Welcome to this thread. I continually edit the first few posts of this thread to keep it up-to-date. This thread is meant to complement Martin Lewis' article which you can read here: Regular Savings Accounts and the accompanying discussion thread Regularly Beat the Best Savings Account Rates Discussion Area…
-
Helping Mum plan to reduce exposure to Tax on Savings Interest - thoughts invited
Hi, this is my first post here. It is primarily to do with savings and tax on interest, although there are also elements of inheritance and mortgage about it too, so I hope I’ve posted it in the correct place. Also, sorry for such a long post. I appreciate it covers a lot of ground and I’m sure it looks a bit “amateur…
-
MBNA 1 year fixed rate savings account
So, just opened myself one of these at 5.27% for one year and was a bit surprised to see the account can only be managed by phone. No way of seeing your balance online and for some reason I'm reluctant to use it now. Seems irrational as the balance won't change until the interest is added after the 12 months but there is…
-
Which 1 year fixed savings account would you open TODAY?
With the rates being offered seemingly having peaked, and many offers becoming NLA, I think I need to lock away some savings in a 1 year fix. But which one? I'll be maxing my ISA contributions as soon as we go into the go into the new tax year, and I am already making overpayments into my pension, so really just looking…
-
Saffron Nominated Account Issue?
I applied for a 12 Month Members Regular Saver account with Saffron over the weekend, heard nothing from them. Rang them earlier today, not much said to me tbh, apparently they can't verify my Virgin Money account which I find strange because I've already got two savings accounts ( esaver & members month regular) with them…
-
£60,000 annual pensions contributions allowance and end of tax year.
Hi Everyone… I am looking to top up my pension contribution of the current tax year before the end of the tax year on 5 April. My question is when are the tax rebates considered credited by HMRC. I pay higher rate tax and the 20% is automatically credited by my provider but is it considered credited on the date of…
-
Investment
Hi I’m 23 years old and I’m looking to get into long term investing, I have about £5000 so far to invest then want to add to that every month. I’ve looked at investing into a few funds like vanguard etc.
-
Best savings account
I'm a santander customer. I'm saving up to do further renovations (new CH, upgrading electrics, kitchen etc.) - the money isn't earning much interest. Their cash isa doesn't give a high interest and I don't want to get a fixed rate bond etc, in case I need quick access to the money. The amount is around 30k split between 3…
-
Nominated account and Paragon Bank problem
I have successfully opened an account with Paragon Bank but seem to have hit a problem. My nominated account only allows me to pay into an account with my name but when I received my paying in details my name was not included. Paragon Bank was listed as the payee and there was a reference number, but not my name. Has…
-
Why are Building Societies so rigid on KYC
I applied for a YBS account a few months ago but although I have several open accounts with them that I was depositing to monthly and had had some closed accounts with them and have been in my current home for 50+ years and can easily check my position on TransUnion and Experian via apps with banks and credit cards that I…
-
Implications of withdrawing from a Lifetime ISA
I opened a Lifetime ISA when I was 39 (in 2021). I bought my house in 2014 so I am using the ISA to save for my pension. I spoke to Hargreaves Lansdowne today (the ISA provider) and I am confused about the implications of withdrawing from a LISA for invalid reasons i.e. before I am of pension age. To explain, let's assume…
-
Top Easy Access acs Ranked: Top of The Pots - **No Chat**
I've had a few suggestions/requests to start a separate 'No Chat' thread, as the ToTP list gets drowned in 'chat' in the 'Top EA discussion' thread. The aim is to maintain an easy-to-find ranked list of the c.Top 10 available to open & manage online Easy Access accounts, with links. The purpose of this thread is to ONLY…
-
The Top Easy Access Savings Discussion Area
This thread is specifically to discuss the Easy Access Savings article Which includes the new free Savings Calculator tool. To discuss or ask a question about this article: click reply