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Anyone dumping Fundsmith?
For a global tracker? Or something else. I'm 50:50 on whether they will outperform again now with rates coming down, or will a drop in charges to one of my trackers pay off for the next few years. Opinions welcome.
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S975 Certificate - Wrong figure quoted for Gross Interest
I recently requested from NW an S975 (2023-24) for a loyalty
savings account that I have held with them for a number of years. This arrived in good time but the Gross
Interest figure quoted was exactly double that which NW paid into the account
in December 2023. No other interest was
credited to this account during the tax…
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Skipton Member Bonus Saver
Has anyone closed their existing account and reopened the Bonus Saver to extend the bonus date on the account? Thanks
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Co-op and Coventry and YBS regular savers closure and reopen?
Hi all. I opened these 3 regular savers in March with the idea that on maturity they could go into next years ISA. However I am slightly concerned that if I fund them to the max, it will push me into paying tax on savings for this year. I'm wondering if any of these [Cov and YBS are the loyalty ones paying 6.75% and 7%]…
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Welcome news for current NS&I growth bond holders that are maturing soon
Welcome news for current NS&I growth bond holders maturing soon. According to the article below, there's talk of a 5.4% renewal rate at maturity. I have a 4% one maturing in February. https://www.thisismoney.co.uk/money/saving/article-12881981/The-hidden-5-4-fixed-bond-thats-available-NS-account.html
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HSBC Regular Saver Maturity
Hi, Wondering how I can tell if my HSBC Regular Saver has matured and completed the 5 day process please? The rate has changed to 2%, but the product name is still shown as REG SAVER-1 rather than Flexible Saver. Does this change please? Also 5% isn't a rate that is competitive for me anymore. Do you think I should just…
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Gross interest anniversary
Hello, One of my savings account has 4.25 % gross interest rate to be paid on the 15th April. It currently has a £1 but if I transfer £1,500 into it today will I get interest on this or not? The anniversary date is 15th April. Just wanted to see if I could earn some money by swapping money over to it for a few days until…
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Tax on fixed rate bond interest when bond holder dies
Scenario: 3 year fixed rate bond taken out in Nov 2022 where interest is paid into the account annually but cannot be accessed until the fixed rate period ends. Interest is reported to HMRC annually by the bank. Bond holder dies April 5th 2024 with one interest payment having been made into the account in Nov 2023. Account…
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Zopa Certificate of Interest - excludes ISA interest?
Hi, Can anyone by any chance confirm that Zopa's certificate of interest includes only taxable interest and not interest from ISA pots in the same account?
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NS&I Direct Saver
I've opened an account (4/4/24) and am finding it impossible to log in. I'm due to have an inheritance and thought an NS&I account would be a good idea. I'm looking for opinions on NS&I and login issues. It seems crazy that in this day and age that I can't even log into the account - or is it just me? Thanks in advance M
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Ulster Bank - Premier Customers
Do you automatically become a "Premier customer" if eligibility criteria is met or do you need to apply? "To qualify for Premier, you will normally need a sole annual income of at least £75,000 paid into your Ulster Bank account (£100,000 in the case of a joint application), or savings and investments of at least £100,000…
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What to do ?
Hi all I recently had a bereavement and have found myself in a situation where I will shortly have around £300k in the bank. I have absolutely no idea what do do with it. I’m risk averse ( picked that one up in the last week ) so whatever I do I want it to be safe. I’m 56 and would love to retire early if it was at all…
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Stocks and shares SIPP question
My question is about fine detail of possible SIPP transfer. I’ve held a stocks and shares SIPP for many years with various positions held with the shares of a few different companies. If I were to transfer this SIPP to another provider, do all the various positions get moved over with their respective gains / losses /…
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Dumping IFA portfolio to go DIY
I have casually lurked on this forum for quite a while but never felt I had a need to ask anything..but now I think I have. Been with an IFA for 7 years and in that time a largely Dimensional fund dominated pf on the Nucleus platform has evolved into what I’ll post below. All our equity pf is now within ISA wrappers and…
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Mortgage Overpayment vs Pension
hi, I was hoping someone can check the math for me. I am retiring in 16 years and there are 14 years left on the mortgage. I have an £500 gross pay to either pay into the mortgage or the pension. Lets work with 15 years Pension: so £500pm month into a pension at 6% comes out to £145,409.36 Mortgage: £500-40% = £300 into…
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Too old at 73?
I'm considering a S&S ISA for the upcoming new tax year as it's not something I do compared to 'cash' savings. I have maximum in PB's, Cash ISAs in excess of £100k, Regular Savings accounts, Fixed Rate savings spanning from 12-18months. Instant access funds which are more than sufficient in an emergency. A pension plan…
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regular saving accounts
Are regular savings account worth it? the interest % are good but can only put £150- £400 per month max. As they pay annual interest, i assume you lose out on compounding interest. So are you better off just putting in the best % interest account? Had money in an isa which was paying rubbish% so trying to maximise (10K)
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Bitcoin for beginners
I feel like I am late to the bitcoin party. Whenever I look at forum discussions and articles about bitcoin, a certain basic knowledge seems to be assumed. It is like unravelling a ball of wool and never coming to the beginning. Or unravelling a ball of wool only to find that what I want to know is in another ball entirely…
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Beehive Money 2 year fixed
Looking at this account....it says interest is paid annually but also that you can't make any withdrawals. Does that include the 1st years interest ?
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Global Tracker costs.....
For hisorical reasons, and maybe through error I have several different flavours of global tracker in my SIPP HMWO was my prefered and was the cheapest at the time (currently charges .15% ) SWLD current prefered (charges .12%) but I also have a fair wack of SWDA (charge .2%) Just doing the maths it would seem wise to sell…