-
"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 >
-
Islamic saving accounts.
Hello. I've read that if you're a Muslim, then you can't technically earn interest but can make a profit payment. Is there really much difference other than the termology used? Also, can a non-muslim open an account with these banks? Thanks
-
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…
-
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…
-
x-o abandoning SIPP customers?
Currently, I have a SIPP held with x-o, part of Jarvis. x-o hold the shares while another company, Embark Pensions, manage the pension legal aspects. I received a letter today from Jarvis saying that they are withdrawing from the SIPP market and that I have to move my account elsewhere. I guess they have found SIPPs not to…
-
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
-
Simple share selling question
Hi - i'm totally ignorant about shares, but i have some in eurotunnel, which i inherited 20 years ago. A grand total of about £50 worth. They are 'held' - if that's the right word - by computershare who want £20 to sell them for me. Is there a cheaper way, or can i only sell through them? Thanks.
-
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…
-
Bare Trusts is special account needed?
Bare trusts held in Interactive Investor. Legacy accounts. They no longer properly support Bare Trusts. Account is closing. They suggest just creating a separate investment account and putting the Bare Trust in that. It would not longer have the name of the Beneficiary on it, rather the Trustee's name. Does anyone know if…
-
Your thoughts and advice on my financial situation
Good evening all, I’d appreciate your thoughts if I may, as I am approaching a sort of cross roads, I enjoy this forum there are so many wise heads with good advice. As much detail as I can as I appreciate it’s helpful. I recently turned 40, I have a modest income of circa £29k, am single with no kids. Currently pension…
-
Cynergy Linked Accounts
I currently have 2 Cynergy accounts that are each linked to withdraw to a different Bank account. They are both however, funded from the same bank account. So Cynergy acc1 is funded from bank accA and withdraws to A and Cynergy acc2 is funded from bank accA but withdraws to bank acc B. I thought I recalled getting a…
-
InvestEngine
Hi everyone. Longtime lurker. First-time poster. Fantastic forum. Does anyone here use InvestEngine? How have you found them, for small, medium or big investments on their DIY ETF or Managed platform? Easy, fast, slow, good, bad, reliable, trusty, safe? Better or worse than (say) Vanguard? Any other feedback? Have some…
-
Saving for children
Good morning I have 2 very small children and would like to set up savings accounts for them. I've looked at JISAs and I think I can open 2 and put half the allowance into each every year however that doesnt appear to be the most efficient way to save for them. Im considering a high interest monthly saver but would I have…
-
For those worried about concentration in indexes
I assumed the US indexes were maybe toppy and maybe risky for a tech fall because of concentration and lack of diversification but this surprised me: https://www.trustnet.com/news/13412104/the-uk-market-is-more-concentrated-than-the-us
-
Banks with high interest and sipp friendly
Hi Ive got a sipp which is currently using Metro bank to hold interest accrued, however their interest rates are poor Can you suggest a high interest paying bank which is sipp friendly My sipp provider won’t give me bank names they use, so it’s very frustrating
-
How to cash a cheque made out in Thai baht
I have sold a property in Thailand. It appears due to money laundering issues all transactions must be paid by cheque in baht. However, I don't have a Thai bank account and as a UK national don't seem to be eligible to have one.There must be a way to resolve this . Ideas?
-
Do gilts settle on maturity day?
So, for TG24, will the funds be cleared in my ii.co.uk account on Monday 22 April?
-
Crypto Currency ??
I understand what crypto currency is - its a "virtual" currency But I can't understand how people can make a fortune / loss investing in it and what is the equivalent in £'s or $'s to "mining" ? is it "printing your own currency ? Could someone explain to me in simple terms ?
-
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…
-
Should I be expecting more from my investments
Hi, I have an EQ ISA (Positive Impact Cautious Plus) and have about £45k in it. I have had the account since Dec 20 and pay in £500 per month. On top of that, I have paid in two lump sums of £10,000ish in mid-2021 and mid-2022. Overall my profit is sat at negative £500, ie I've made a loss over that period. I was expecting…
-
Cashing a foreign cheque in the UK
I have a cheque in Thai Baht I need to cash. I have confirmed I can cash it with my bank, but it will take 6-8 weeks to clear and they can't confirm the rate as it will be set on the clearing date. I'm pretty sure it wont be the best rate out there either. Any idea of other options to safely cash a GBP five figure foreign…