Should I begin shariah compliant investing or purchase a but-to-let property?

I am confused about financial services compensation: I have a SIPP and an ISA with AJ Bell Youinvest, and am about to inherit a sizeable sum. I am already over the £85,000 financial services compensation limit. Should I be worried? Should I set up accounts with multiple platforms, to be covered by the compensation scheme?

Emma | London | 22/07/2019 | 0

• Private Pension
• Stocks and Shares ISA
• Cash

My brother is 17 and I have instilled in him to save. He puts £40 a month in and 10% of what he earns. I want him to save for short term and long term. What are the best accounts for him?

Christine | Birmingham | 19/07/2019 | 1

• Stocks and Shares ISA
• Lifetime ISA

I am torn between investing in my ISA, and putting money into a personal pension. I know about pension grossing up, and the 25% tax free cash. However I will inevitably pay tax on the 75% which is not tax free. Whereas with the ISA, I don't get the grossing up benefit, but won't pay any tax. What do you think?

Christopher | Staffordshire | 18/07/2019 | 0

• Private Pension
• Stocks and Shares ISA
• Lifetime ISA

I have an inheritance to invest of £150,000. I am not paying into a pension at the moment but have £125,000 in my pension pot, and have fairly substantial money in Stocks and Shares ISAs. Should I put more into stocks and shares over a 10 year period, add to my pension funds, or invest in bricks and mortar with no mortgage?

Mark | West Midlands | 12/07/2019 | 3

• Stocks and Shares ISA
• Workplace Pension
• Mortgage

I have opened my first Stocks and Shares ISA, and have a company pension on the new standard 5%/3% contributions. I have enough easy access savings to cover emergencies so I was wondering what would be a next good step, add to S&S ISA or open a SIPP for retirement?

Kevin | Strathclyde | 14/06/2019 | 9

• Private Pension
• Stocks and Shares ISA
• Cash

My husband and I are new to investing and would like to make a minimum 10 years investment in Stocks and Shares ISAs, plus an ongoing £500 each a month. We're really keen on investing in ESG funds/companies only. To 'diversify', would it be better if one of us uses a robo-adviser and the other a traditional platform? For one to go active and the other passive approach? One higher risk than the other?

Emma | Herefordshire | 13/06/2019 | 1

• Stocks and Shares ISA
• Ethical Investing
• Mortgage

I have been putting £50/month for each of my two children into a pension with Hargreaves Lansdown. In light of the costs of investing highlighted on this website, should I move to somewhere with lower charges, or stay-put? Alternatively, would I be better to put money into a Lifetime ISA for each of them instead?

Stuart | Cambridgeshire | 06/06/2019 | 0

• Private Pension
• Lifetime ISA

I’m in my 30s and live in London. I have savings in cash but I’ve never tried any ISAs, stocks etc. before. I am looking for some suggestions as to the types of products I should use to begin investing. Instinct is telling me to keep 50% of my savings in a safe investment, 30% in a medium risk investment, 10% in higher risk, and keep 10% for emergencies. I’m making nothing keeping the cash in the bank!

Lisle | London | 30/05/2019 | 0

• Private Pension
• Stocks and Shares ISA
• Lifetime ISA
• Cash

I'm in my late 30s, have a mortgage, a baby, no outstanding loans or credit cards, three pensions, and two Cash ISAs. I’d like to invest to renovate our house, help fund our children’s education and help them onto the property ladder, and retire as soon as possible! I considered a LISA but thought I might be better paying off more of the mortgage. I'm also confused about using a platform for a Stocks and Shares ISA. Any advice would be appreciated! Keep up the good work, I’m impressed with how refreshingly approachable your website is.

Nick | Berkshire | 29/05/2019 | 2

• Stocks and Shares ISA
• Junior ISA
• Lifetime ISA
• Pension
• Mortgage

Hello, I already have a workplace pension. Can I also have a private pension? If so, I have a LISA as well. Can I have all three in place?

Precious | Surrey | 23/05/2019 | 0

• Private Pension
• Lifetime ISA
• Pension
• Workplace Pension

I am a self-employed 55 year old, with only a state pension. What can I do to increase my money for retirement?

Sandra | Dumfries and Galloway | 21/05/2019 | 1

• Private Pension
• Stocks and Shares ISA
• Lifetime ISA
• State Pension
• Pension
• Workplace Pension

I'm 52 and want to retire at 55. I have a mortgage, but the interest rate is very low, and a Stock & Shares ISA into which I invest each month. The performance of the Stocks & Shares ISA has been mixed, and I'm nervous about Brexit/Trump/China. Should I pay off my mortgage or keep paying into the Stocks & Shares ISA?

Paul | Glamorgan | 21/05/2019 | 0

• Stocks and Shares ISA
• Cash
• Mortgage

I'm a 30 year old woman earning a reasonable salary with a low cost lifestyle. I have saved almost £8,000 and want to start investing. I like the idea of using a robo-investor like Wealthify, but I'm not sure if it's better to start with a Stocks and Shares ISA instead? Should I go with a Stocks and Shares ISA or a Robo Advisor, or both?

Kate | London | 29/04/2019 | 4

• Stocks and Shares ISA
• Robo Adviser
• Online Investment Platforms

I am a British/Irish citizen living in Malta and have between £5k-£10k to invest for 5 years. Clearly, ISAs are out as there is a requirement to be a UK resident. I am happy to accept a medium level of risk, and would appreciate some info on where to put this to maximise returns.

Phil | Malta | 25/04/2019 | 4

• Stocks and Shares ISA
• Robo Adviser
• Online Investment Platforms

I've a Cash ISA with about £80k in it, so I'm considering moving £50k into a Stocks & Shares ISA. I'm 73, retired, married, a house-owner and would like to utilise my savings better. What would you recommend?

Barry | Berkshire | 18/04/2019 | 1

• Stocks and Shares ISA
• Cash
• Online Investment Platforms

I am a beginner investor and would like to invest in a "socially responsible" Stocks & Shares ISA. I have looked into the Nutmeg and Wealthify funds. Is there information about any other such providers on your website? And do you have any advice about how to compare the "socially responsible" criteria on the different funds?

Joy | Glamorgan | 16/04/2019 | 1

• Stocks and Shares ISA
• Robo Adviser
• Ethical Investing

I am 52 with money languishing in a low savings account. Now I'm neurotic about entering into Stocks and Shares, due to seeing how many investors have exited the stock market thanks to Brexit, and with companies going bust etc. But I need to make my money work for me as my pension pot is low. Can I put the money into an Instant Access ISA and drip feed this into a Stocks and Shares ISA?

Helen | London | 09/04/2019 | 1

• Stocks and Shares ISA
• Cash

I'm in my very early 20s, and earning well. I have no debts or dependants. I have a Stocks and Shares ISA, and am weighing up the pros and cons of a General Investment Account vs a Private Pension. What should I keep in mind?

Cecily | Berkshire | 08/04/2019 | 0

• Private Pension
• Stocks and Shares ISA
• Lifetime ISA
• GIA
• Workplace Pension

I have two separate company pensions from previous employers. For the last 12 years I have not contributed to a pension. I am now 44 and know I need to put money into one. I'm not financially aware and the robo providers sound tempting but, obviously, I want the possibility for the best return at medium risk. Your Q2 2018 results update showed Nutmeg’s Portfolio 10 as returning different figures than the Best Buys page for Nutmeg says. Why are these figures so different? Is Vanguard Lifestrategy 60 a good choice, though they don't have a SIPP.

Dave | West Yorkshire | 26/03/2019 | 0

• Private Pension
• Robo Adviser

For the last 9 months I've drip fed just over £10,000 into a Moneyfarm Investment ISA... it has been a very volatile year as you know. Moneyfarm seem to have done a good job of protecting my capital... however I haven't really made much in the way of gains... If I wanted, would I be able to transfer the whole lot to another platform where the fees are lower? I know you're not allowed to give regulated advice - but I'm uncertain if I should transfer the whole lot in one go, or drip feed.

Robert | UK | 14/03/2019 | 3

• Stocks and Shares ISA
• Robo Adviser

Can I use a Lifetime ISA if I am a first time buyer, but I will be getting a joint mortgage with someone who is not a first time buyer?

Katie | Kent | 14/03/2019 | 2

• Lifetime ISA
• Mortgage

I recently received an inheritance and it is currently sat in Premium Bonds. I'm looking to hopefully use the money to put down on a house in the next couple of years, but I'm currently going through a divorce which does affect my ability at the moment to get on the housing market. Is there any way I can make my money work harder for me, yet still ensure I have access to it in a couple of years?

Ben | Avon | 12/03/2019 | 0

• Cash
• Mortgage

I have about £100 monthly extra I want to invest, but I am not sure if my ISAs represent good value. I thought I could put the money in a higher risk investment, as it is money I can invest over 5-10 years, and had thought Nutmeg might be a good option as I have little investment experience. Am I right in thinking I can only contribute to one Stocks & Shares ISA at a time in my name? I could just put more money into my existing ISAs. What do you think?

Colin | Lothian | 11/03/2019 | 0

• Stocks and Shares ISA
• Robo Adviser
• Online Investment Platforms

My 60 year old mum is not very financially literate and has has no private pension. She has approximately £900k to invest, from which she will need to draw down c.£40k a year for life. She is not very financially literate and would not be able to proactively manage the money herself. Would you favour an Independent Financial Adviser or a Robo Adviser for someone in her position? Thank you!

Harry | Kent | 11/03/2019 | 1

• Private Pension
• Robo Adviser
• Online Investment Platforms

I am 47 and I would now like to open an investment ISA for growth for at least 10 years. I am tempted by the Vanguard LifeStrategy 80 due to the low fees and strong reputation. I would also consider investing in a couple of other Vanguard funds as well. Would this be advisable or relatively unnecessary, if I'm already investing in the LifeStrategy fund? I have also been looking with interest at Nutmeg, Wealthify, IG and AJ Bell Youinvest. Is there any provider that would stand above the others as most suitable in my circumstances?

Matt | South Yorkshire | 11/03/2019 | 0

• Stocks and Shares ISA
• Robo Adviser
• Online Investment Platforms

If my son increases his pension contribution, I have read it may affect the amount he can borrow on a mortgage. Is this correct? Should he take a SIPP out as well? Is there any advantage in maxing out his managed Nutmeg Lifetime ISA in the next financial year?

Richard | Hertfordshire | 06/03/2019 | 3

• Private Pension
• Stocks and Shares ISA
• Lifetime ISA
• Pension
• Mortgage

Trying to get a bit more pro-active with my pension. If my money had been in an online managed fund like Nutmeg for example, is it reasonable to assume that as the markets fell last year the funds would have been managed in real(ish) time to limit the damage? If so, is it therefore a no-brainer to transfer my pension to an online managed pension or is it not quite as simple as that?

David | London | 08/02/2019 | 2

• Private Pension
• Robo Adviser
• Pension

I recently came across your blog and it has been a great introduction to learning about my personal finances. I was wondering if you could recommend any additional resources (websites, books, online help) for beginners and that are tailored to the UK market. I am in my early 20's and I'm looking to further my knowledge of money, and foster a greater relationship with it. In addition to that, I'd like to know your opinions on how the possible outcomes of Brexit will affect the market and potential personal finance investments.

Rita | London | 23/01/2019 | 0

• Stocks and Shares ISA
• Robo Adviser
• Online Investment Platforms

With a SIPP in drawdown would a company like Netwealth whose investment management fees are of the order of .66% of the value of the portfolio, be a better option compared to companies like Hargreaves Lansdown or Investec? What are the relative benefits of Netwealth over the more traditional wealth managers?

Steve | Lancashire | 22/01/2019 | 6

• Private Pension
• Robo Adviser
• Online Investment Platforms

Is there a Robo Investor who provides both income and growth for those who are retired? (There must be a large market for this?) It seems to me that at the moment all the Robos focus on long term growth and reinvesting dividends - which is fine if you are younger.

David | 18/01/2019 | 1

• Robo Adviser

I’m new to investing and in my late 30's. I'm actually stuck in a dilemma whether to invest using DIY platforms like Interactive Investor, A J Bell or Hargreaves Lansdown OR invest using robo advisors like Nutmeg, Moneyfarm or Pensionbee. I have compared the fees and they are not significantly different. Do robo advisers have a better return rate? I can dedicate some time to DIY investing but not a significant amount of time. Please advise. Thank you.

Victor | Kent | 14/01/2019 | 1

• Robo Adviser
• Online Investment Platforms

From my retirement I received a lump sum of money and a monthly pension. I have £100,000 that I do not need for the foreseeable future... One of my main concerns with Financial Advisers are their costs... All I want is simply to see this money grow to its potential, sensibly and above inflation... Therefore my next thoughts are Stocks and Shares ISAs... My only concerns here are the current Brexit problems - I saw the FTSE drop this past week. I cannot find any information out there to assist with my decision making if this is certainly a good time to invest... I am aware that I can place £20,000 for this year. Come April 2019 I place another £20,000 and so on until the £100,000 has been utilised. Do I have to place it into the same fund or can I choose another different fund with a different company?... Please can you help to ease some of this burden, which has proved an awful part of my retirement and made me frightened to spend any money.

Katherine | Derbyshire | 02/01/2019 | 0

• Private Pension
• Stocks and Shares ISA
• Cash
• Robo Adviser
• Online Investment Platforms
• Workplace Pension

I’ve been investing in Nutmeg’s Risk 10 profile for three years which helped my deposit for my house. I am now wondering whether to use Nutmeg again, or should I use LifeStrategy for my £1000 per month? Is there a difference between Vanguard's LifeStrategy option and let’s say a well known robo adviser like Nutmeg? I am still a beginner and would like to keep things simple, but happy to take risk and prepared to leave my investments for a long time.

Jordan | Surrey | 26/11/2018 | 9

• Robo Adviser
• Online Investment Platforms
• Funds

Do you have any recommendations for books that I can buy my 18 year old daughter for Xmas on the subject of pensions and investments so she can start to understand the subjects? She's young I know but I would like to get her started. Many thanks!

Nicki | Devon | 15/11/2018 | 2

• Robo Adviser
• Online Investment Platforms
• Other

The recent Metro article which Holly participated in has really inspired me and made me think that investing in shares is something which I would like to do. Unfortunately I am completely thrown about where to start. I would be grateful for any advice you could pass my way. Realistically, I would only have about 2k to invest, so any tips would be gratefully received.

Sarah-Jane | London | 12/09/2018 | 3

• Stocks and Shares ISA
• Cash
• Online Investment Platforms

Can I use the Help to Buy scheme to buy a house in Jamaica? Kind regards, Kishana

Kishana | Central | 11/09/2018 | 0

• Lifetime ISA
• Other
• Mortgage

Any advice for two young people trying to get themselves a home? My girlfriend and I are saving for a house together. Currently house prices in our area are a ridiculous £300k. The max we can get from banks is about £220k, meaning somehow saving up a whopping £80k deposit. This would take us about 8 years (and house prices are increasing faster than we're saving!) That's not to mention solicitors fees, stamp duty, the cost of moving, furnishing the house, white goods, and any repairs or renovations. It all just seems impossible!!

Joe | Buckinghamshire | 23/08/2018 | 0

• Stocks and Shares ISA
• Lifetime ISA
• Cash
• Mortgage

I'm 24 and would like to begin investing. Am I better off using a robo advisor such as Wealthify/Wealthsimple or a fund such as Vanguard LifeStrategy?

Amanda | Greater London | 06/08/2018 | 6

• Shares
• Robo Adviser
• Online Investment Platforms

I have cash saved in ISAs and savings accounts - probably a 30% deposit on a property - first time buyer. I am at least 12 months away from getting a permanent job, so at least 12 months away from buying a property. What can I do with the cash in the meantime? Best just to leave it in cash for now, or invest a portion in stocks and shares ISAs?

Malti | London | 25/07/2018 | 2

• Stocks and Shares ISA
• Lifetime ISA
• Cash
• Mortgage

I am 73 and cautious. There are two areas that your advice would be helpful..what if you just spend thousands on buying the gold standard footsie companies like shell and the rest and keep them for five years and then cash them in ?

DB | UK | 24/07/2018 | 6

• Robo Adviser
• Online Investment Platforms
• Funds
• Pension

Nutmeg require a minimum investment of £5,000. As I have less than £5,000 per annum income I am a bit confused about how much I can put into a pension. I know the government will only gross up a maximum of £2,880 per year but can I put more than this in and forgo the gross up?

Barbara | Hertfordshire | 10/07/2018 | 1

• Robo Adviser

I have a Virgin Money stocks and shares ISA which I started in 2016 and pay £75 into a month. Can I take a new stocks and shares ISA with a new provider before the end of the tax year?

Balwant | 29/05/2018 | 2

• Lifetime ISA
• Mortgage

Who offers the best Lifetime ISA for first time buyers?

Genevieve | Yorkshire | 23/05/2018 | 3

• Lifetime ISA
• Mortgage

We have a portfolio of ISAs/PEPs worth around £250k, currently invested via Cofunds, managed by Chelsea and Bestinvest. I'm told this is quite an expensive option regarding platform charges. Are there better options?

John | Berkshire | 08/05/2018 | 6

• Robo Adviser
• Online Investment Platforms

I am in the very lucky position of just having received a gift of £800k which I want to invest for our retirement. My husband and I are in our late 40s and aim to retire in around five years. We have 11 more years of school fees to fund, then hopefully university fees for two after that. I've put together a plan for us - can you have a look and see if it makes sense?

Fiona | UK | 18/01/2018 | 6

• Private Pension
• Stocks and Shares ISA
• Junior ISA
• Shares
• Cash
• Online Investment Platforms

We have four grandchildren (2 English living in UK, and 2 Irish living in Eire). We have decided to start savings plans for their futures. Their ages are 18yrs, 11yrs, 8yrs and 4yrs respectively. My age is 75yrs, and my wife is a little older. What should we do, please?

John | Buckinghamshire | 01/01/2018 | 1

• Junior ISA
• Lifetime ISA
• Shares
• Funds
• Inheritance

My mother is 84 and has around £35,000 in cash, realised when she moved to a smaller house. She would like to invest it and draw income that would be slightly higher than the natural yield - say around £2,000. What is the best vehicle for that please?

Ed | SXE | 18/09/2017 | 4

• Stocks and Shares ISA
• Cash

I have a delightful 12 year old daughter and she has just opened her first bank account. I am dreadful with money but I would like to know what I should teach her so that she does not pick up my bad financial habits. Do you have some top tips of things to teach our children so they are wise and responsible with money please?

Louise | Greater London | 11/09/2017 | 1

• Junior ISA
• Shares
• Cash

Is getting more money on a Mortgage a good way to raise some cash? I have a tiny tiny mortgage on a London property and could do with £50k to spend on other stuff. Would I be better to get the money by remortgaging or borrowing?

Louise | Greater London | 07/09/2017 | 1

• Other
• Mortgage

Which is better - property or pension?

Paul | Greater London | 07/09/2017 | 0

• Private Pension
• Mortgage

I've got £20,000 from an endowment policy (astonishing, I know), and I'm looking into how best to invest to get a reasonable return without excessive risk. Any thoughts much appreciated!!

Penny | Peterborough | 09/08/2018 | 1

• Stocks and Shares ISA
• Cash
• Online Investment Platforms
• Life Insurance

I am looking for a fund for myself (54 yrs old) but also my son (19 yrs old). Is this fund suitable for either of us with an investment strategy of 10 years +.

| 29/05/2018 | 3

• Robo Adviser
• Funds

I use H&L and although they are a bit 'plumy' on the phone I quite like their website and the costs are OK. So I was thinking of H&L for [my son]. I would be telling him to open these two funds and regularly invest and forget about them for 10 years!

R | Greater London | 29/05/2018 | 1

• Lifetime ISA
• Robo Adviser
• Online Investment Platforms
• Funds

What is the H2B ISA and how does it work?

Dylan | Greater London | 07/09/2017 | 0

• Lifetime ISA
• Other

Pensions vs ISA - which one is best?

Roderick | Greater London | 06/09/2017 | 0

• Stocks and Shares ISA
• Junior ISA
• Lifetime ISA
• Pension