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.
More
FREE Guides to help you
FREE Penny Share Guide - 0500 823873
FREE Independent Guides - ISAs, Pensions, Taxes etc - IFA
Promotion - 0800 085 3250
FREE ISA Guide - Best
Invest - 0800 093 0500
FREE Concise ISA Guide -Better
Invest Direct - 0800 138 9138
FREE ISA Recommendations -Chartwell
Direct - 01225
321710
FREE ISA Guide - Chase de Vere
- 0800 526091 / 0800 9859005
FREE ISA & PEP Performance Guide - Chase de Vere
- 0845 609 2003
FREE Guide on understanding ISAs - Lloyds TSB -
0800 056 0160
FREE PEP and 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 TESSA and TOISA Guide - Chase de Vere
- 0845 300 3418
FREE Guide to Shareholder Perks - Hargreaves Lansdown -
0800 1380456
FREE Investment Trust info pack - AITC - 0800 707707
FREE Unit Trust/ OEIC Discount Directory - Hargreaves Lansdown -
0800 1380456
FREE Info pack on Savings Strategy, Tax, Risk and Reward -
Wesleyan- 0800 806060
FREE Guide to Style Investing - Schroders
Style Collection - 0800 718718
FREE Guide to Future of International Growth
Investment - GT Global - 0500 484562
FREE guide to Split Capital Investment Trusts - Investec
Guiness
Flight-0845 756 4564
FREE Investors Guide to Unit trusts and Investment Trusts - Mercury
- 0800 445522
FREE Guide to Secure Investment - Wentworth Rose- 0500 823854
FREE Income Guide - Threadneedle
- 0500 600555
FREE Guide to Investing for Income and saving tax -RJ Temple - 01273 821177/ 01273
829058
FREE Guide to investing for income -Barbican-Investment
Research- 020 7329 4442
FREE Guide to Building an Income for Your Retirement
- Nelson - 0800 328 4422
FREE Guide to Options in Retirement - Chartwell Investment - 01225
321710
FREE Guide to Inheritance Tax Planning - MX
Financial Solutions - 0845 6000 900
FREE Guide to With Profits Bonds - CommShare - 0800 0134546
FREE Guide to With Profits Bonds - The
With Profits Bonds Shop - 0115 958 7555
Where
NOT to Invest!
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 the DTI
Leaflet from Post Offices and from Citizens Advice Bureaus, or call
the DTI direct on
0870 1502 500 (National Rate).
Individual
Savings Accounts (ISAs)
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.)
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:
You may have one Maxi
ISA,
ie from one Plan Manager
capped @ £7,000 this tax year comprising EITHER:
Or you may have 3 Mini
ISAs,
from different Providers
Up
to £3,000 Cash +
Up to £3,000 Equities +
Up to £1,000 Insurance
OR
Up to £7,000 Equities
Up to
£3,000 Cash
Up to
£3,000 Equities
Up to
£1,000 Insurance
Total
£7,000 Max
Total
£7,000 Max
Total
£7,000 Max
This
tax year 2002/2003 the formula is the same, until 2006.
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.
Check
out Unit Trust Performance figures independently: Micropal
and TrustNet Note: Past Performance can
depend on a range of factors including individual
fund managers
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.
Investing Your Funds
