ISAs & Tax-free Savings

A question about : Best Savings Option for 13 year old

I have just over 4K that I want to invest for my daughter. I'll likely leave it there until she's 21 years old. Also looking to add Ј25 pm, although I'm flexible on that.

I believe she has a basic savings account with halifax but presumably with a low rate of interest.

What shall I do with it?

A question about : Pestpns Blog on BBC

Is this not slightly concerning? With the exception of the US it appears the rest of the planet is living on an economic time-bomb. Some are saying that due to the banks being bailed out the crash never really happened. China is a real concern. Should we all just cash in our pensions and investments now?

ps

apologies for the spelling error in the title. Would a kind admin change it for me?

https://www.bbc.co.uk/news/business-31136707

A question about : Can i transfer some ISA money to open new ISA.

I have used up my cash ISA allowance this tax year.
I want to open a new cash ISA elswhere where i can put in a smallish amount.
As its a transfer, does it not count as new money in a new isa? and when the new tax year starts i am looking at a Stocks and share isa with the old ISA money, and just keeping the smallish transfered money in the new cash ISA.
Does that sound ok.

A question about : Cash ISA qu

Hi, just completed 1st year of using Cash ISA and had a question.

So I look at cash isas and the same people come up (providers) near the top of the list, many with intro bonuses.

So I want to switch each year to the best one.

Now the question is say I have one this year with nationwide, I transfer that to say halifax next year, then the year after nationwide is again the best one, can I go back to a previous provider? Or can you only use each provider once?

Thanks

A question about : Cash ISA to Current Account

Hi there,

Don't know if this is something that's been asked before, but it seems like something really difficult to search for!

I'm a bit green on all details and bank stuff if I'm totally honest, so I might be asking something really stupid!

My girlfriend currently has 2 separate accounts, one current account at one bank (Bank A) and a Cash ISA at another (Bank B).

So, she's been saving money for a while and wants to transfer a significant amount from her ISA to her current account.

A question about : Transfer Cash ISAs Discussion Area

Just like to point out a problem with your Icesave's top paying ISA. Looks like the interest has to be drawn iether monthly or yearly, so if this being the case anyone transfering a large ISA and having to draw the interest and not being allowed to compound would mean the yearly ISA allowance plus compounded interest would be drastically reduced!

A question about : Transferring overseas shares into a Stocks & Shares ISA

I have inherited a number of shares in BHP Billiton held in Australia which pay dividends twice per year in AU$. Can these shares be transferred into a UK ISA wrapper or will I need to sell them in Australia and re-buy them via the UK stock exchange?

A question about : Halifax S&S Isa. Have i made mistake?

Sorted Thanks.

Best answers:

• The answer is you can't tell - only make estimates based on different assumptions.
  It depends on how the stock market performs.