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Guaranteed bonds - not as safe as you think?
Sunday times Note that there is no compensation if the underlying guarantor (eg Lehman Bros) goes bust but the GEB/GIB issuer remains in business.
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Investing a 40k inheritance trust fund
hi Please can someone point me in the right direction for investing a 40k inheritance trust fund.... it will be paid to my husband and sister in law when my mother in law dies, and in the meantime, she is entitled to earn any interest on the money. We need to get a happy medium between earning her some interest, but also…
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moving money between banks
hi I would like to split the sum of £200K in four banks -hsbc, lloyds tsb , barcley and abbey. Which would be the best and safest way of doing it,please? the bank transfer cost around 30 pounds for each, by cheque I think is free,but not sure if safe, what other option do i have ? thank you
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yorkshire building society regular saver
just want to check - have a YBS regular saver but would like to pull out max cash (have saved £500 a month since Feb 07). I can leave just £100 and reduce payment to £10 a month for now and review next anniversary is that right? I obviously don't want to lose any interest. Many thanks
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Declaring Savings over the years
Hi, I've just registered with the site so aplogies if i'm posting in the wrong section or if there's a thread already on this. Many Thanks
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child's saving best thing to do with £4,000
hi all, i was wondering if i can pick you brains as you guys know so much i don't. my dd (6 years) has £4,000 saved for her future it was in a locked bond but this is ending next month and i was wondering if anyone can advise me what would be the best to keep the capital safe and gain as much interest as possible. i don't…
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secret savings account
Don't want to get the wrong comments, but I want to start a savings account... just for me (which means my husband shouldn't know about it). He doesn't usually looks at what statements come (I check them and file them), but still I wouldn't want any statements coming by post. And I don't know how I will put the money in…
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£35K protection HBOS/Lloyds TSB - fixed accounts
Anybody got or seen anything in writing from either HBOS/Lloyds TSB about how the £35K limit applies if you had £35K in both HBOS and Lloyds before the merger. I have contacted the press office of HBOS and sent email to Birmingham Midshires and Lloyds as well the FSA customer service department, nobody has confirmed the…
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Profit Share - will i get taxed and NI'd?
My eployer are giving a large amount of us employee's a profit share, it's something like 3% of overall profit devided by the number of us so it's not a great amount of money but still better than nothing... Anyway, I was just wondering if i will pay tax and nat insurance as i have to on my normal salary? I'm in the middle…
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7000 to invest for 4 years - Isa is full - any ideas??
Hi, I've got £7000 ish to invest - I've filled my ISA for the year, it's currently sitting in HSBC doing around 3.8% net. I would like it to have grown nicely by the time my mortgage deal runs out in four years. I'm toying with moving it to one of the 7% ish accounts in Martin's article, but was wondering if there were any…
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How Does The Yorkshire BS Look
Hi Do I need to worry about my savings in The Yorkshire they say they are in good shape but with whats going on at the minute who knows Also I do have more than £35000 in but spread out over different accounts. I know its wrong but I am worried about where to move some of the money to. I was thinking of perhaps putting…
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Kaupthing Edge+Rubbish bank
This bank do the weirdest things. Their statements are laid out in a most peculiar way. I had trouble with them deducting tax from monthly payments but this was then sorted in May. In August I transferred a large amount to their 12 month fixed rate and they have shown on the statement that tax will be deducted from the…
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savings
Hello new to site so please bear with me !! I have £3500 each to invest for my son who is 15 and my daughter who is 18 immediately. I will also have a further £1500 each to invest in approx 6 weeks. Can anybody please recommend where I can best invest this money for them. I dont need access to the money so happy to tie it…
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B&B Nationalised!!
So the BBC has confirmed that B&B is going down the same route as NR. Did it really need it? Does anyone else think that all these bank failures didn't really need to happen, but have been helped along by scaremongering in the press?
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Bradford and Bingley the last post
Don't panic Mr Mainwairing The cavalry is on its way. Hopefully this will be the last B & B thread, all stops are being taken to sort this mess out. 1) It isn't going to go bust 2) Worse case scenario will be a take-over by the Government or another bank 3) Your savings are safe Mr mainwaring…
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HBOS Scam
Well Martin, I hope that you can sleep at night following your advice last week to get your cash out of HBOS. I am sure that many career criminals watched your pitch and have targeted the vulnerable who listened to each letter of your instruction. I on the other hand cannot sleep for thinking about the thousands of…
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Need help with money
Hi, my first post on this forum so lets hope i get it right. I recently started my career, now my wages i earn from my job dont really get spent as work pay for every expense from dinners to my digs. I popped into my bank on Friday (Natwest) and the young chap said i have quite alot of money in my account for my age and i…
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Government Needs to Act to Avoid Unneccessary Fear
People usually value their savings. The fear of losing them in a banking collapse is real, even if the likelihood of such an outcome isn't. Logic says a struggling bank will be merged, acquired or nationialised. From a saver's perspective this means their money is safe. The impact of the Financial Services Compensation…
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A&L eSaver 2
Are there any catches or should we be moving our dosh from eSaver to eSaver 2 on the 1st of October.