ositadima1:


Not all of them.

USA is planning on increasing interest rates in order to fight inflation which is currently around 6%.

Then, Nigeria is most likely to also increase in response. Money will likely flow from the Capital Market to Government Bonds and Treasury Bills.

https://www.vanguardngr.com/2022/01/nigeria-others-face-tighter-financing-as-us-hikes-rate/amp/

Myati:


I used Skipton building society back then but I think you might be better off with moneybox just because you can do more with moneybox.

https://www.moneyboxapp.com/isa/lifetime/cash/


By the way, you can open your Lisa account with as little as £1 just to get it rolling and fund the account when you have your lump sum. This is especially beneficial to those lookin to use a LISA account towards their first home. You need to have opened the Lisa account for a year before you can withdraw the funds.

Modified.. You need to fund it with £4000 before April if you want to get the max government bonus (£1k)this financial year.

LagosismyHome:


I don't even think that world will exist when we are old.... All of us we better plan our retirement well

TheGuyFromHR:


You're correct, the relief is per contribution.
Each time one pays into a pension, even if its 10 pounds, HMRC tops up the 20%.
And one can have more than one pension.

Estroller:
Look at the SIPP same way as your stocks and share ISA but with the added benefit of a 20% tax rebate (an extra 20% when you do your tax return if you are a higher rate taxpayer) anytime you make a contribution into it. Unlike your stocks and share ISA though, you cannot withdraw from it until you reach the pension age and the income you draw from it after you've taken out the 25% lump sum will also be subject to income tax.

Lexusgs430:



I don't know the type of life you want to live after retirement, but I never want to rely on my children ...........

TheGuyFromHR:


Basically, when you receive your salary in your bank account, your employer has already deducted the pension contribution (along with tax, NI, etc.) before you get it. So you can decide to invest money from your salary into another pension if you like. You can have any number of pensions, the government encourages saving for old age, which is the rationale behind the favourable tax treatment.

The NHS pension scheme, as I earlier pointed out, is a defined benefit scheme, meaning that you know how much you will get out of it when you start drawing it, and the government might adjust for inflation as well.

Private pensions (SIPP means self-invested personal pension), on the other hand, are called defined contribution pensions, which are basically savings accounts with investment aspects and tax-friendly treatment. You put in money, and it is invested in stocks and shares, and when you decide to retire (or are allowed to start drawing from it, at age 55 now in the UK, changing to age 57 in a few years time), you can only get out what you have put in plus any income accrued from the investments.

So you have to be careful with an SIPP and note that it is possible that one might eventually get out less than what you put in. On the other hand, your NHS pension is government-backed - the UK government guarantees you'll get your [specific amount of] money based on your final salary when the time comes.

Conversely, stocks and shares are the best hedge against inflation, which eats up any money you just leave in a bank account.

Generally, if you aren't up to following the stock market and investing, you could use one of the robo-investing schemes, such as Nutmeg where they do the selection of investments for you, take a fee and pay you the income on your investment.

Lastly, remember that you will also get the state pension once you've paid NI for 10 years or more, so at least the 170 quid a week after the age of 67, 70, (whatever they will increase it to) is something.

TheGuyFromHR:


You save more for the future, basically. Assuming your investments pay off, of course.
And you get your tax relief/top-up on the SIPP contributions, in addition to the relief at source on your workplace pension contributions.
If one has the NHS defined benefit scheme, that's as gold plated as it gets; [hopefully] the UK government will not go the way of the Nigerian government in relation to pensions.

Lexusgs430:
I had wanted to talk about SIPP (self invested pension plan)...... But been busy of late ........

In summary, it's your ability to buy shares, etf's etc etc...... Monies invested cannot be withdrawn, until you reach retirement......

The beauty about SIPP is, for every money you invest, your SIPP provider would put in a claim to HMRC, for a 20% cash credit into your SIPP account, which you would invest back into your SIPP account.........

To invest in SIPP, you would be charged £9.99 per month, when you open your SIPP account, the provider I use would give you a free share worth between £50 - £200.........

On the long run, it's a win - win for you ...... I think ......


I use freetrade for SIPP & GIA, if considering a SIPP plan, my referral link is still available.......


https://magic.freetrade.io/join/oyedeji/fda60720

Lexusgs430:



I have also had my runnings with social services, when my children no gree hear word (many moons ago).......

But I triumphed .............

Willie2015:


Seplat movin up slowly...
N800 + on the horizon...

LagosismyHome:


Sorry yes I needed to clarify

Offcourse children who are on their parents visa ie dependent will follow the path of their parents. So if a parent is on tier 4 to psw to tier 2, the child as their dependents will follow and would only get citizenship when the parents become settled (ILR). If the parent is straight from Tier 2 to ILR 5 years later the child too will follow that path. Same with all the dependent of the main applicant

However if the parents settlement is taking long for whatever reason, when the child is 10. A British born and lived child can apply for settlement.

The 7 years I talked about. It used to be 7 years hence the name is still quoted but it been changed to 10 years for some years now

canadaishome:
Is there an advantage to paying rent early?

dupyshoo:
Yes, you can sponsor your mum to come visiting.

Children born by non citizen don't have to wait for 7 years before they can get citizenship. Once one of the parents get ILR, the child can either get ILR too, if born outside UK or register as British citizen, if the child was born in the UK.

7 year rule apply to children whose parents do not have legal stay in the UK.

RabbiDoracle:
Last boarding call:

Buy at least one bag of rice and keep at home.

Prolonged lockdown in China and other parts of Asia will lead to rice crisis.

Rice is a staple food in Nigeria. Hunger is coming. Hedge against Hunger.

RabbiDoracle:
Last boarding call:

Buy at least one bag of rice and keep at home.

Prolonged lockdown in China and other parts of Asia will lead to rice crisis.

Rice is a staple food in Nigeria. Hunger is coming. Hedge against Hunger.

We have rice pyramids in Abuja

Nigeria can feed the rest of the world

kode12:


Why does a money exchange/trasnfer app require BVN? I signed up, got to the BVN stage and was a bit stunned. Moreso, they say they're FCA regulated, I couldn't find the number on their website on the FCA register. Has anyone been able to verify this people?
One has to be quite careful because even if the Kyish itself is all above board, if they aren't under any proper regulatory authority, there's no real assurance of the security of the data they collect.

Pearlyfaze:


I stopped wen they say make I add Bvn.

I hope it's secure enough to collect my BVN. Because I nor dey for my yam never done

lawali:
Hi Tushqueen, Lexusgs400, Omopapa and others,

Pls I need pounds and will like to exchange with Naira. If u have, let know your rate. Thanks

icon8:


Lol, sense will not kee you.
Imagine going to a hotel with your own bed linen and duvet. No be juju be that?

Domistic:
Nne, I don’t know how buoyant you are. I came to uk with full family. Got an unfurnished 3 bedroom, you mean I would buy all things new? Let me tell you what I did here in Coventry. I went to a Charity Shop, Emmaus, got three used beds and foams, full Living room sofa and one wardrobe for £420. They even delivered it the following day. I went to Facebook marketplace and got a double sized Fridge for £110, washing machine free, microwave £20. They are all working perfectly. Lass lass I am going now to lemigton spa to pick pressing ion for £5. I bought bedsheets and douvet brand new from Argos. We dey sleep well in the three rooms on the three beds perfectly.

So I furnished that house with less than £700. I was even regretting why I bought those foams because in my neighborhood since I came in late December , I have seen plenty foams free to collect here. My next door neighbour just brought out a freezer outside for anyone to take.

What if the house you came into was earlier furnished with bed and foam? You go thruway am? You no dey sleep for hotel?

wallg123:

No Facebook marketplace no good for that kind thing. How person go buy second hand mattress + bedbugs and body fluid ?
Let him go to store and feel/ test the mattress

mex551:
Good evening Ancestors on this street. I need your guidance here. We just relocated to Coventry from Naija and in the process of finding school for the kids. We wrote to the council and they scheduled a zoom meeting with us where they interviewed us alongside the kids. (6 and they told us that the nearest school of our choice has vacancy for the 6 year old in grade 2 while they do not have vacancy for the other kid who should be in grade 4. They said the option we have is to accept the nearest school for the grade 2 and the other farther school for the other one while we apeal to the council to see if they can reconsider and place both in same school

That is one. The next is that if they eventually place them and we want them fed, we would have to pay to the school for feeding. That one confuse me. I thought public schools in UK feed their pupils. Abi Coventry own dey different. How do I handle this feeding own.

HopeLoveLife:


You don’t get my point still.

The justwise guy wasn’t even trying to help, he was just asking that question in a mockery way, it was just too glaring. He was so certain I don’t have POF hence those questions.

There are ways one could respond to a post without trying to look down on the person or mocking the person indirectly. I haven’t been on this thread for months but the last time I was here, I saw how he rudely he responded to a post by feeling like a god and totally looked down on the lady. I actually prayed for that lady that day, and honestly I totally forgot this event until I saw what he was up to in his questions and remembered he is that same guy.

There are ways to handle questions like that, not feeling like one superior and a god.

vcente:
Hi guys, my mum gave me her share certificates from intercontinental bank. How do i change it to access and also make it electronic. Also I'm curious to know if intercontinental bank shares are still valid.

EJIOGBENIMI:


Good day everyone and thank you for the great job you're doing here.

So I received my visit visa on 3/01/2022. My visa would be valid until 03/07/2022.
Here is my concern. My new plab2 test date is 21/07/2022. so, the current visa will no longer be valid. I plan to be in the UK before the end of June.

Should I apply for a new visa? (I don't even know if it's possible to apply for a new visit visa when you have an existing one) If yes, when would you advise me to do that, given the current delay and uncertainty).
I'll be needing my passport on the test date. If I will be extending the visa over there, the process must be concluded and I must receive my passport before the test date. Is this possible in 2 weeks?
Thank you.

Afmaag123:
I know that. They will probably do return ticket together so as to get 8k , then apply for one child as adult n the other as a child. It will be a little expensive but it's better that way.

Afmaag123:
Student Visa. Just for PTA

sophxx:
I tested the water just two days ago with NSE using trove app but I came back with a loss. Please show me the way to profit. At least maybe the basics. The right apps to have, websites to bookmark, and people and others to follow. I'm trying to make this thing a full time job. It's too early to start incurring losses considering my mearger seed I have to start with.

ojeysky:


Still strange that access has remained below 10