Savings & Investments

A question about : Hargreaves Lansdown "playing hardball"

FT article today here :
Fund groups told to slash fees or lose business.... Hargreaves Lansdown, the online supermarket for funds and shares, is playing hardball on pricing with asset managers that want their products included on its influential buy list. Hargreaves, the third-largest UK fund platform, with assets of Ј37bn, is demanding asset managers cut their fees for products that might feature in an updated version of its widely followed Wealth 150 list.

A question about : Miss sold a savings plan...

Hi I would like some advice if poss...

Back in 1987 I was a raw recruit in the RAF - we were literally marched into a room and told we needed to 'save young man' - 'handily' there was a rep from Abbey Life there who promptly signed me up for a 35 year savings plan called Wealthmaster.

Of course 8 yrs later I looked at my life and the performance of this product and surrendered the policy.

A question about : Egg shares..

About 4 years ago , I bought some egg shares- about Ј200 worth. They are now worth about Ј135 ( as a guess). What i want to know is should i sell up and get out. They have never reached their original cost and I am worried that i will just lose money if i hang on to them any longer.
What do the others think?
Any views much appreciated.

Best answers:

• Personally i would keep the shares to see what happens, after all its only Ј200.

A question about : Child's saving account

My father-in-law wishes to give around Ј6000 to my daughter.
We have just opened an Alliance & Leicester first saver account,following advice from Martin , but we were wondering if there are limits as to how much can be paid into the account before the powers that be take an interest (sic).
Will this amount be taxable or anything ? :-/

A question about : CHAPS

When having to transfer big amounts CHAPS payments spring to mind. Before splashing out £30 or more though, calculate whether it gains anything. I bet you will be surprised just how big the amount needs to be for a CHAPS payement to pay off!

BACS Transfers and cheque payments cost several days of lost interest. CHAPS payments are immediate but might still lose a day.

A question about : Setting up a 'new' direct debit with ING

As you will know, this is done by a cheque (for a nominal amount) posted to ING, and they then use the printed details to set up a direct debit from that account.

However this won't happen unless you notify them you are sending your cheque beforehand! I did this with a second bank account and nothing had ocurred.

A question about : ING increases rate to 5%

Title says it all

A question about : Get Your Ideas patented

If you...like my brother, are the kind of person who regularly walks through life pondering on how the world manages to 'overcomplicate' the simple and most obvious things, so obvious in fact its a wonder no-one else thinks of it... the answer is, they probably have... or they will do soon...

(this 1 should appeal to you.. and possibly 1 day make you a millionaire)

Check this out (true story):

My brother said a couple of years back, whilst we were both drunk in my mums house...