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FreeBeez Guide to Personal Windfall Investments 
Stage 2: Make Your Money Work for You

 
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There has been a lot of publicity in the last few years about Windfall Shares: Shares paid out to members of Building Societies and other mutual bodies converting to Banks or being taken over: The outlook is that we can expect more of the same!

      If you have been fortunate enough to have been on the receiving end of any such payouts, you may have considered how to best use the Shares - whether to hold or sell, where to keep them (the shares) or their proceeds, and what else to invest in. Every financial services company out there (Banks, Building Societies, Insurance Companies, Investment Companies etc), wants a part in your windfall.!! I have put this page together to give a bit of free help in making those choices.
Wealth Warning:
The value of any stock market related investment can go down as well as up.
 
If you are unclear on anything offered take professional advice. 
See also About FreeBeez.

  

FreeBeeMore FREE Guides to help youFreeBee

FREE ISA Guide - Chase de Vere - 0800 526091 /  0800 9859005
FREE Guide on understanding ISAs - Lloyds Bank - 0800 056 0160
FREE ISA Information Pack - CommShare- 0808 100 5045
FREE Discount ISA Selection - Chelsea F S - 0800 071 3333
FREE ISA Discount Directory - Elson Associates - 0800 0961111
FREE ISA Discount Directory - Hargreaves Lansdown - 0800 850661
FREE Guide to Shareholder Perks - Hargreaves Lansdown - 0800 1380456
FREE Unit Trust/ OEIC Discount Directory - Hargreaves Lansdown - 0800 1380456
FREE Info pack on Savings Strategy, Tax, Risk and Reward - Wesleyan- 0800 806060
FREE Income Guide - Columbia Threadneedle  - 0800 953 0134

FreeBeeWhere NOT to Invest!FreeBee

Beware the Rip-off scams arriving in your mail by the bucket load:

Never be duped into giving your hard earned cash, or your bank/credit card details to anybody you have never previously heard of claiming "you have won a prize" - All you are likely to have won is someone's affection for your money. 
There are thousands of bogus money-making scam promotions operating from both within the UK and from abroad. Get wised-up with Citizens Advice.

   FreeBeeIndividual Savings Accounts (ISAs)FreeBee

There are three simple steps to investing in an ISA: 

1) Decide how much you are going to invest and which style of ISA (See ISA Rules)
2) Select a provider ( See ISA Info and/or Banking on the Money page for Mini Cash ISAs.)

3) Select a Discount Broker

 An ISA can be useful in that the dividends are Tax-free but beware the management charges:
Make sure they don't outstrip the tax savings BEFORE you commit your money!

ISA Rules for Tax year 2019/2020:

You may have Cash ISA up to £20,000,
Or Stocks & Shares ISA up to £20,000,
Or an Innovative Finance ISA up to £20,000
or a mixture but the maximum combined limit is £20,000* Part of your £20,000 may be held in a Help to Buy ISA and/or Lifetime ISA
Lifetime ISA limit is £4,000 pa and that is still part of your £20,000 limit

 

Discounted ISAs

DO NOT buy direct if you want a discount!
These companies give a discount on the value of the ISA you buy into, in the form of cashback or additional units, which you cannot get if you go direct!! 
This applies to Unit Trusts and OEICs held in an ISA 'wrappper'. 
Note Investment Trusts (Its) do not attract the commission levels which enable discounts.

Best Invest www.bestinvest.co.uk 020 7189 9999
Discount fund broker
Charles Schwab www.schwab.co.uk 0800 917-1039
Chase de Vere www.chasedevere.co.uk 0800 526091 / 0800 9859005 20
Chelsea Financial Services www.chelseafs.co.uk  0800 389 8370 / 0800 071 3333
CommShare www.CommShare 0808 1005045
Elson Associates www.elsonassociates.com 0800 0961111
Financial Discounts Direct www.financialdiscounts.com 08085 498477 20
Hargreaves Lansdown www.h-l.co.uk 0800 850661
Investors Direct 0800 435721  (limited choice)
Seymour Sinclair    020 8870 7072
TQ Invest www.tqinvest.co.uk 0800 294 7221

Fund Supermarkets now in the UK: Take your pick at good prices

Best Invest www.bestinvest.co.uk 0800 093 0700
Fidelity www.fundsnetwork.co.uk 0800 414133 Brochure line
Interactive Investor www.ample.com   

 

For more Mini/Maxi ISA (Equities) info direct: 
(0800- FREEPHONE Numbers; 0345- Lo-call Numbers).
Aberdeen Standard  UTs 0800 353737
0800 917 0005
Jupiter  UTs

0800 561 4000
Aberdeen Investment Trusts 0800 917 0005 JPMorgan
(Was Chase Fleming, Was Save & Prosper) 
0800 204020
0800 269843
Aberdeen Unit Trust Managers UTs 0800 262443
0800 833580
Legal & General  UTs
0800 0920092 
Allianz Global Investors 0800  317573 LeggMason Investors
(Was Johnson Fry) UTs & ITs
 
Artemis UTs 0800 092 2051 Lloyds Bank UTs 0800 056 0160
Aviva UTs
(Was Norwich Union)
0800 0562 450   M&G UTs 0800 072 6158
Axa Investment Managers
UTs &  ITs
0345 777 5511
Marks & Spencer UTs 0800 363451
0808 002 2222
Baillie Gifford  ITs 0800 027 0133
0800 917 2112
Martin Currie UTs 0800 132647
0808 1002126
BlackRock UTs
(Was  Merrill Lynch,
(Was Mercury)
0800 445 522
0800 882884
Nationwide UTs 0800 302010
Barclays   UTs 0800 222200 NatWest UTs 0800 854581
Equitable Life/
Now Utmost Life
 0330 159 1530 20 BNY Mellon/ Newton  UTs
0800 614330
BMO (Was Foreign and Colonial)
ITs
(Includes Royal Sun Alliance)
0800 136 420 Merian/
Quilter Investors (Was Old Mutual Wealth) UTs

0808 1003579
0808 171 2600
Fidelity UTs &  ITs 0800 414133
0800 414166 
Santander 0800 100888  
Gartmore -
see Henderson
  Scottish Widows UTs 0345 716 6777 20
Henderson UTs &  ITs 0800 082 2345
0800 082 8180
Schroders  
UTs &  ITs
0800 002000
0800 718 777
0800 718 718
HSBC UTs 0800 299299 Skipton UTs 0800 731 5342
Invesco
UTs &  ITs
Incl Perpetual )
(part of Amvescap)
0800 028 5544
0800 420042
 VirginMoney UTs 0800 917 9791
Investec Investment Management
UTs &  ITs

Wesleyan UTs
((Was Clerical Medical) 
0808 163 6517
0800 092 1990
0800 068 0680
0800 806060
Check out Unit Trust Performance figures independently on TrustNet
Note: Past Performance can depend on a range of factors including individual fund managers
 
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Tax Questions?

Go to Inland Revenue:
www.inlandrevenue.gov.uk


Further Investment Info from:
 

AIC/ Association of Investment Companies  www.theaic.co.uk Find & Compare Investment Companies
00800 707707
Charles Schwab /td> www.schwab.co.uk 00800 917-1039
Citywire www.citywire.co.uk  Latest City news
Comdirect www.comdirect.co.uk European Online broker, AIM shares etc - Free Portfolio tools
Euroclear www.euroclear.com/a>  Real Time Settlement System
E*Trade
https://us.etrade.com/ Real Time Share/ Unit Trust Prices.
On line trading from £8.95  
Financial Conduct Authority /td> www.fca.org.uk FFinancial services industry regulator
Financial Times www.ft.com Company News and prices
HM Treasury/td> www.hm-treasury.gov.uk GGovernment economic & financial policy
IDealing www.idealing.com  £10 flat fee
Investment Association
(The IA )
www.theia.org Introductory Guides for the novice Investor
IFAP Independent Financial Advisers www.unbiased.co.uk Free consultations
Interactive Investor www.iii.co.uk/ Specialist IFAs
(Independent Financial Advisors)
Moneyfacts www.moneyfacts.co.uk   
Morning Star www.morningstar.co.uk X-ray your portfolio! UK Investment Trusts, price histories, profit forecasts
Motley Fool www.fool.co.uk  Incisive views
OnlineTrading Academy www.tradingacademy.com/ advice site/ Tutorials
Proshare www.proshareclubs.co.uk/  Promoting Investment Clubs
Prudential Regulation Authority www.bankofengland.co.uk Supervision of banks, building societies, credit unions, insurers and major investment firms.
Self Trade www.selftrade.co.uk  Online trading for novices @ £12.50 per
Share dealing
 from Halifax
www.Halifax.co.uk  Deals for beginners
Standard & Poor's www.standardandpoors.com/  Fund ratings
Speed Trader www.speedtrader.com Dow Jones/NASDAQ from $7.95 per
This Is Money www.thisismoney.com  Top UK Savings rates
Trust Net www.trustnet.com Free Fund analysis
Virgin money www.virginmoney.com  
Wealth Warning: The value of any stock market related investment and any income from them can go down as well as up.
See the whole story in
About FreeBeez.

If you are unclear on anything offered take professional advice.



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