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"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…
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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 >
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Confirmation of Payee - Santander refusing to send ISA sub to Virgin Money
Help! Santander said - "I have looked and it appears that the account you are attempting to send the payment to is not registered with confirmation of Payee so we were unable to verify that the payment was going into an account in your name. It appears this is the reason the transaction failed." It now looks as if I am…
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Seemingly great savings rates - but watch the "Issue" trick
I first saw Al Rayan playing this game 2 years ago and we had to keep moving to a new account.....- a bank offers a great savings rate but then it either reduces or doesn't keep pace with the best and they close that "issue" and bring out a new "issue" with a great savings rate ..... repeat... repeat. Well now it seems…
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SIPP Contributions as sole trader
I have earnt £65k as sole trader income. I've been using an online tax calculator to put aside my tax and NI amount. According to listentotaxman.com this comes in at £18058. If I pay £15k into my SIPP will this mean I pay the same amount of tax as if I earned £50k? = £12014. I currently have £20k in a cash ISA designated…
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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…
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adding to a SIPP
After lots of research here I finally managed to get 15k into a SIPP with ii.- hsbc global strategy balanced. im considering either another lump sum in the new tax year or investing a regular amount. Question is should i keep adding to the same fund or look at other investments. I did think about investing into the hsbc…
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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
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SSP for SIPP salary cap?
A quickie, I think. When calculating salary cap for SIPP contributions, does statutory sick pay count as salary income?
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Premium Bond Question.
Can anyone cast any light on this? Back at the beginning of March, I received notification from NS and I, that I had won £100 on my premium bond holdings. £100 subsequently appeared in my current account. All fine. Today, I log on to on-line banking to pay a bill and notice that yesterday ie. 25/3/2024, a random £50 has…
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Help with investing £100k
Hi, I have a large sum of money that I need to invest, I'm risk adverse but would obviously like to make as much interest as possible. I went into my bank and spoke with a member of staff but came out more confused than I went in. I struggle to process financial information so am finding it difficult to decide where to…
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Minimising time out of market when switching investments
Hi all, The time has come to move my AJ Bell LISA investments into ETFs to cap the fees. There's about £16k in in HSBC FTSE All-World Index C Acc. Is there a recommended strategy to do this to minimise time out of the market? In one go or in dribs and drabs? I know when adding new money, putting a lump sum in terms to win…
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Personal savings allowance and staying out of higher rate tax band
I hope someone can help. My husband got a payrise putting him £2k into the higher rate threshold. He has decided to put money into his pension to bring it down to meet the top of the banding. He however also earns £1000k a year in interest from savings. How does this affect him? Does the £1k count as income and therefore…
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yougov.finance bribe
It's one of these almost-too-good-to-be-true stories, but it is true. First mentioned by @Bridlington1 in the Natwest Regular Saver thread, but I reckon this deserves its own thread as it could be of interest to those who have at least 10 current, credit card and savings accounts and not everyone reads the Natwest RS…
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Gatehouse Bank Savings Question
So I opened the 7% Regular Savings Account before they stopped it, now the app is saying: Your Nominated Account must be authenticated before it can be used for withdrawals. Few things: 1) How do I do this?, can't see an option in app.🤔 2) Do I need to do this?, the account is for a year anyway 🤔 Gatehouse Bank is new to…
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Fisher Investments UK - opinions?
Does anybody have any comments, experiences, reviews, thoughts, or advice and opinions, regarding the company Fisher Investments UK based in Canary Wharf London? I would be very grateful for any information.
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Buy/Sell prices T212
Is it possible to see buy and sell prices on T212? I can only see buy prices. Most other platforms show both
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Transfers FROM Vanguard, what's the deal please?
I'm contemplating transferring an ISA from Vanguard to IWeb. I've read some absolute horror stories about transfers from Vanguard taking an unacceptable long time and simply stalling in many cases. The ISA is a couple of hundred grand so there's an argument that whatever it costs me in fees at least it's not "stuck" in an…
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Crypto question
Ive done alright on some crypto investments, if i draw them out could i put some tax free into my sipp?.
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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…
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YBS Savings Accounts
Anyone know/understand why YBS let you get accounts but stop you from depositing until they complete checks? (Even if you already with them?). Like applied for a 5.75% one earlier, shows account details in app. Trying to get my head around why they would give me the account if they need to do checks.
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Share save options
Hoping someone can shed some light on this for me,I’ve done a bit of digging/searching but can’t find much to match the exact query so: Ive just had a sharesave scheme come to an end and the options I was offered was Transfer the shares to global nominee-what is this? Transfer to S&S isa with scheme provider Receive shares…