• DIY investing

    Savers losing 1.5bn a year to inflation by keeping long-term pots stashed in cash.... here's how to invest to avoid it happening to you

    Britons are sitting on some 60billion in cash savings earmarked for the long-term but this is declining in real value at a rate of 1.5billion per year by not being invested, according to new research.Fund management giant BlackRock conducted an extensive study on the saving and investing decisions of 4,000 Britons, discovering that of their average 8,700 held in cash, a quarter, at 2,270, is set aside for 'long-term savings and investments.'It says that higher inflation over recent months has seen this savings mountain eroded in real terms by over 600 million so far this year. [media_photo id="860575" height="422" width="634" ...

    9029
  • DIY investing

    Should you pay a fund manager more if they beat the market? We look at whether controversial performance fees are ever a good idea

    Investment fees were catapulted back into the limelight last month after the City watchdog ruled that fund managers must simplify the way they charge customers.But although the Financial Conduct Authority's two-year probe into Britain's 7trillion asset management industry resulted in it backing a new 'all-in' fee, the report largely sidestepped performance fees, paid to a manager when the fund beats its benchmark.Instead of tackling these controversial charges this time around, the FCA promised instead to consult on their future. [media_photo id="855326" height="485" width="634" alt="Performance fee is and remains a contentious investment levy that can significantly add to the overall cost ...

    9029
  • DIY investing

    Three things women need to think about to improve their finances: Expert MAIKE CURRIE's tips for saving, investing and retirement

    They say men are from Mars and women are from Venus, but does that really matter when it comes to our money? Do women need to think differently about their savings, investments and retirement? The short answer is, yes. Much like a car accelerates and decelerates, in life we have our accumulation years - the time spent building our wealth by working, saving and acquiring assets like a property. Once we reach retirement, we enter the decumulation phase, drawing income from the savings and pension pots we have built up during the accumulation years.What you re left with to decumulate ...

    9029
  • DIY investing

    HSBC and Investec join the robo-advice ranks to help investors with less than 15,000: We take a look at what they're offering

    Investec Wealth & Investment and HSBC are the latest providers to reveal their robo-advice services, designed to offer those investing smaller amounts cheap and easy access to financial advice.Investec Wealth & Investment is already trialling its new service - Click & Invest - which offers investors fully regulated financial advice.HSBC meanwhile plans to offer a fully advised investment service later this year.The two firms are only the latest in an increasingly long line-up of robo-advisers - firms that are designed to offer investors an automated way to invest their savings online. [media_photo id="839951" height="503" width="634" alt="Investec's and HSBC's respective 'robo' ...

    9029
  • DIY investing

    'Alexa, are my shares up today?' DIY investing platform AJ Bell Youinvest to let investors get updates from Amazon's personal assistant

    Alexa, Amazon s voice recognition personal assistant, can play your music, offer weather forecasts and now even update you on how the shares in your Isa are doing. Investors with AJ Bell's Youinvest platform will now be able to find out the value of their portfolio and get quotes for stocks by asking a question of the artificial personal assistant made popular by the Amazon Echo wireless speaker. AJ Bell's move is likely to be followed by more financial firms, with Capital One customers also able to integrate with Alexa. Lloyd's Bank is also currently dabbling with the capabilities of ...

    9029
  • DIY investing

    How to find the best robo-adviser to invest with - and do they really offer financial advice?

    Logan's Run, Blade Runner, The Terminator and other dystopian Hollywood films suggest that the rise of the machines is something that should be feared.But in the world of finance, the robo-adviser is widely considered to be good news for those who have felt priced out of traditional investment advice - or who want to tap into new technology to invest.A whole host of online investment firms have cropped up in recent years, offering to help you pick and manage a portfolio, meet your financial goals and make money - all for a 'modest' fee. And they have been become known ...

    9029
  • DIY investing

    How to find the right DIY pension for you: We wade through the Sipps on offer and pick the best for different investors

    Wading through the market to find the best place to set up a DIY pension is no easy task. But Holly Mackay has more than 25 accounts, so she accepted our challenge to find the best providers. Wading through the market to find the best place to set up a DIY pension is no easy task For the everyday saver who is unwilling to rely on the Government or an employer to provide their retirement income, ...

    9029
  • DIY investing

    Is it worth following a star manager out of their fund, or should you stay and put your faith in its strategy?

    The past few years has seen some of the biggest names in fund management jump ship to set up and run their own rival firm.Schroders has become the latest casualty of this trend with star managers Paul Marriage and John Warren set to exit the firm in the final months of this year to establish their own business called Tellworth Investments.The dynamic duo will relinquish the reins of the Schroder UK Dynamic Smaller Companies Fund - which has soared more than 147 per cent over a five year period to 23 June 2017.But should investors head for the exit too ...

    9029
  • DIY investing

    Buy and sell shares for FREE: Trading 212 launches UK's first no-fee platform to take on Hargreaves and rivals

    Investors have been offered the chance to buy and sell shares for free by Trading 212's newly-launched DIY investing platform.It will only charge customers commission if they exceed the 10 trades per month threshold, or if a single trade is more than 10,000.It also charges no admin fees for holding an account, meaning that it substantially undercuts many rivals who charge 10 or more to buy and sell shares as well as a fee for holding investments. [media_photo id="818822" height="423" width="634" alt="The new platform will pit Trading 212 against Hargreaves Lansdown, Fidelity, Interactive Investor and rivals, in the bid to ...

    9029
  • DIY investing

    SIMON LAMBERT: Do you care what your fund charges? There's a big salary, a Porsche, and an expensive holiday that says you should

    Do you care what your investment fund charges?If you re like most investors that s a thought to park at the back of your mind.Beyond being a stupendous 114 pages long, one of the brick walls faced by the latest lengthy tome from the financial watchdog on fund management is that most investors just cannot bring themselves to be particularly bothered about fees.They should be. After all, unless you earn at least a couple of hundred thousand pounds a year, it s likely that many people working in the fund management industry are doing better than you. [media_photo id="817039" height="476" ...

    9029
  • DIY investing

    Money Pit Stop: I'm a busy City professional who wants to invest without any hassle, should I stick 30k with a robo-adviser?

    In our series Money Pit Stop, we ask an investing expert to give one of our readers a free portfolio makeover. Here, a 30 year-old city worker wants to know whether it is a good idea to invest through a relatively new robo-adviser, which will do most of the investing work for them. Should I invest in an ETF or a new tech start-up? Our expert gives her professional viewI'm a professional working in the city and I have ...

    9029
  • DIY investing

    SIMON LAMBERT: It's time to stop raising the Isa limit and make them work better for savers and investors instead

    The Isa has been a marvellous invention. It has enabled savers and investors to build greater wealth and draw more from it, thanks to tax-free growth and withdrawals.Meanwhile, the annual allowance has rocketed to as high as 20,000 since April a far cry from the 7,000, with a maximum 3,000 in cash, that it was when I started at This is Money, twelve years ago.I ve cheered that allowance s rise, but I think the time has come to stop lifting it. Instead, we need to overhaul the Isa to make it work for the modern world. [media_photo id="782533" height="500" ...

    9029
  • DIY investing

    How do the investing services offered by the UK's biggest banks (and Nationwide) stack up?

    Britain's biggest banks axed or scaled back investment services following a clean-up of the financial industry that banned cosy backdoor commission deals four years ago.But now most banks are bringing back or expanding investment options for customers under the simpler, more transparent regime that has operated following the overhaul.Under the old system, financial advisers sold people investments that were often poor value and took substantial fees from providers for doing so. What's on offer? ...

    9029
  • DIY investing

    Vanguard could spark an investment price war, as index tracker pioneer launches cut-price investing platform... but only offers its funds

    US fund group Vanguard has thrown down the gauntlet to Britain's established DIY investing platforms, with the launch of one of the cheapest online investment services - commanding a fee of 15p for every 100 invested.The new platform will pit Vanguard against Hargreaves Lansdown, Fidelity, Interactive Investor and rivals, in the bid to win investors' funds.Crucially, however, unlike those rival services, Vanguard's new platform only allows people to invest in its own funds, which include ETFs and index tracker funds that allow people to invest around the world, its all-in-one easy investing Lifestrategy range, and some active funds. [media_photo id="742993" ...

    9029
  • DIY investing

    Five winners in Brexit Britain s tourist boom - and how investors can benefit from the pound's plunge

    A plunge in the value of the pound is bad news for holidaymakers planning a trip abroad, but for investors it represents an opportunity.A rise in the number of tourists visiting the UK and families opting for a staycation is boosting profits at shops, hotels and entertainment companies. Now some fund managers are tapping into the trend by backing British businesses which could benefit.Ed Meier, manager of the Old Mutual UK Equity Income fund, says: The increase in visitors has been quite dramatic over the past few months. You only need to go out on to the streets, especially in ...

    9029