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Natwest transfer isa
I have just tried to open a transfer ISA with Natwest for 7.3% on the phone. I was told that I had to open a savings or current account at the same time. They said that in any one year any interest over £3,600 cannot go into the ISA account it has to go into another account and will be taxed. This is new to me! They say…
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ISA value falling
Hello, this is my first post and I hope someone can help as I am concerned and confused. I have a share class ISA and as I was aware when I opened it, it can go up and down. However lately it has been going down and down. My confusion comes with this, since all the financial problems have started worldwide it has fallen by…
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Emailed my MP (Vince Cable) about Icesave ISAs after chatting to helpline
I emailed my MP this morning, having rung the ISA helpline. I am copying this below as it explains the situation as I understand it. Interestingly, transferring money from Icesave ISA seems possible this morning, though I haven't actually pressed TRANSFER on the final screen yet. Dear Mr Cable, As the Lib Dem Treasury…
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Conflicting IFA advice re Stocks & Shares ISA
Hi All I have a Fidelity Wealthbuilder Stocks and Shares ISA that I paid into from 1997 until 2003. I have not paid into it since then due to other financial commitments and a reduction in my income. As I watch its value gracefully decline I thought I would approach my IFA for advice on what (if anything) to do. I also…
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T D Waterhouse & others cheating us on Interest Rates on self select PEPs and ISAs
Hi, T D Waterhouse cheating us by paying only 1/2% per annum interest rate on uninvested cash in self select PEPs and ISAs. Unfortunately, quite a lot of other brokers are fleecing the investors in the same way. If I am not keen on shares at any time, I don't see why the stockbroker should take massive chunk of the…
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Icesave/Landsbanki - can I stop a transfer
OK - so it looks as though our current ISA savings are now locked up for a while given the Icelandic government stepping in to rescue Landsbanki, and the freezing of deposits and withdrawals from Icesave accounts! http://news.bbc.co.uk/1/hi/business/7656387.stm One of my ISA's is 'mid transfer', from smile - should I call…
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self select shares ISA
Considering opening a self select shares ISA. Are these worthwhile over a normal share deal account, as I can see it taking a while to pay in enough money at £3600 to get over the £9k gains tax limit ? (still plan to put £3600 into cash ISA each year) If so anyone have any dealings with Halifax self select ISA or Selftrade…
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Help required with Maxi ISA dilemma
Hi there I took out a maxi ISA approximately 9-10 years ago with the Woolwich. Since the Woolwich was taken over by Barclays, this was transferred to the Barclays Alpha Maxi ISA which is invested in the UK. I originally invested 5,000 and this figure has gone down but never really improved significantly on the original…
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Status of Cash in ISA following bank failure
Should the worst happen and the bank which I have my Cash ISA fails, then I will make a claim on the UK Financial Services Compensation Scheme. This should cover me up to £35 k (£50k after 7th October) However my question is can I re-invest the money I get back from the UK Financial Services Compensation Scheme into…
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ICeSave not allowing UK Customer to withdraw their money!
Just heard it on the radio And if you go to the site you get this We are not currently processing any deposits or any withdrawal requests through our Icesave internet accounts. We apologise for any inconvenience this may cause our customers. We hope to provide you with more information shortly. !!!!!! are we supposed to…
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intrest on icesave isa ?
Will our isa accounts in icesave continue to recieve intrest, or will the accounts be frozen? The worry is if it takes a while to give us our money back, we will lose quite alot of money in missed intrest payments.:confused:
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Transfering ISA from Icesave to Natwest
Hi All, Im hoping for some advice, I want to transfer my Cash ISA from Icesave to Natwest, they can now offer me a good rate and i want to split my savings a bit (you know the saying dont keep all your eggs in onr basket). Anyway i filled out all the forms and Natwest called me today to ask for the Sort code and account…
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TESSA ISA account
I have tessa Isa from way back. Can I transfer the contents to an ordinary ISA now or does it still have to stay in a tessa only account? Thanks
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Icesave ISAs - can I get another ISA?!
Here's a question: If (when) Icesave go under, assuming I get my money back, can I open another ISA in the same financial year or will HMRC show me as already having got an ISA? Will they make an allowance for us Icesave customers to open a new ISA? I know this is all pie in the sky as it's never happened before....but…
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RBS Transfer ISA Real Interest Rate
I'm thinking of transferring about £30,000 into the 7.25% RBS Cash ISA. I wonder if anybody has any thoughts on the following. The ISA offers 7.25% for 12 months, including a 2% bonus. After that it reverts to the standard rate, currently a not very enticing 5.25%. However, to complicate things it states on their site that…
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Should I move ISA for safety?
I have an offset mortgage with Intelligent Finance (part of HBOS). I currently hold 30k in ISAs currently offset against my mortgage (over £100K). I've read that in the event a bank you have savings with goes to the wall that they withhold any amount you owe then should you have a loan too. Does this apply to ISAs too? I…
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Guarenteed Growth Plan with Abbey
Hi Can anyone tell me what protection I have if the bank goes bust. I am really nervous as my husband and I have 45k invested. :j
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ISA Queation
I had £7000 in a internet saver acc with TSB and have today opened a ISA with Alliance and Leiceter. I have transferred £3,500 into that Isa account. I then opened a TSB ISA and transferred the other £3500 into it ! I have now read that I am only allowed the one ISA with £3500 in this tax term so I have now transferred the…
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Direct Cash ISA - NS&I
I am looking to transfer my Cash ISA to a Direct ISA account with NS&I. I currently have a standing order from my Halifax account which puts £40 a month into the Cash ISA account. My question is regarding the Direct ISA account, ON NS&I's website, it has the following info about the account. Its says: Why choose this…
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Alliance & Leicester Direct ISA
I've had a ISA with Alliance for a number of years now and am considering transferring it out to another provider for a competitive rate. I've tried to contact the bank several times to ask if they penalise for transferring out, none of my contacts have been successful. Does anyone know\.