Ask your questions about savings and investments – chance to win a £150 voucher ANSWERS NOW BACK

[JustineBMumsnet]

The world of savings and investments can often be full of jargon and confusion, leaving you with a headache and feeling unsure what to do. So, whether you have questions about your pension or you’re confused about how and when you should invest money for your children, leave your questions for Lisa Caplan – the Head of Financial Advice at Nutmeg – below.

Here’s what Nutmeg have to say: “Nutmeg is the UK’s leading online investment manager, giving you all the best elements of a traditional wealth manager but delivered completely online and for a fraction of the cost. With Nutmeg, you choose how much risk you want to take, and we’ll build you a portfolio which is globally diversified and fully managed by our expert team. You can start with just £500, and make monthly contributions of just £100 to invest in your family’s future. Lisa leads financial advice at Nutmeg – she’s building the company’s automated advice service to help customers make the right decisions about their finances. Before she joined Nutmeg, Lisa worked at Towry for eight years, helping people make financial decisions and plan for the future. She is a chartered financial planner.”

Post your questions on savings and investments to Lisa below by the 17th October 2016 and we will send over 20 questions for her to respond to. We will then post a link to her responses on the thread ASAP.

If you’re interested in trying out Nutmeg, they have an offer where you can get 3 months without fees.

All those who leave a question below (regardless of whether it’s answered or not) will be entered into a prize draw where one MNer will win a £150 voucher from a store of their choice (from a list).

Thanks, and good luck!

MNHQ

Standard Insight T&Cs apply

Are top ups to cover gaps re national insurance due to having children and career break worth doing than investing elsewhere?

Where is the best place to look for re mortgage deals, please?

What is the best way to at least maintain the value of our savings, with no risk of losing our capital?

I work with DB pensions but have no idea about SIPPS. I am 27 years old and about to start contributing into a new work pension, as I have a long time to go until retirement is it best for me to invest in low, medium, or high risk funds?

How do I decide what is the best way to save for kids?
Not sure where to look for information.

I have several small frozen pensions from part time jobs years ago. Is there any way of adding them to my main bigger pension?

I want to start saving properly as we have practically paid off our offset mortgage. I have money to invest. What is a good way to invest and get a decent return

If we increase pension contributions and bring take home pay after salary sacrifice to an amount below the 40% tax rate do we pay basic rate rather than 40%?

My DP is essentially a SAHD doesn't have a pension, but I have a good work one. What's the best way to secure our financial future? Savings, pension, pay off mortgage earlier, or something else?

Is property a safer bet than pensions in the current climate?

What should a pensioner invest with her modest amount of money? Now that interest rate is almost nil, and long term high risk equity are not practical.

What is the best way to invest for our children's education?

We have a Stock & Shares ISA for ourselves and one for our older son. The rest is spread between different savings and current accounts that hardly pay any interest. We are thinking of university fees, but going private for secondary school is also an option, which is 6 years away for our oldest and 10 years for our younger child.

Is investing in shares a viable alternative to purchasing a house?
With property prices skyrocketing, does it make more sense to invest in funds and stocks in the long run?

I am a single, working parent aged 39 with a 6yo DS. I rent. At the moment I do not have a will or Life Insurance. What would you recommend I look for in an insurance policy to cover all my sons needs if I were to die whilst he is still young? I can not afford an expensive policy but do want to make sure that he will be taken care of.

I've been a stay at home Mum for 15 years, and start a new job next week. What is the best way to boost my pension pot as I am now growing increasingly worried about my future.

Dh and I are old enough have a house with a very small mortgage but not much in the way of savings. (We are both hoping to live many many years more.) With two teen/young adult sons who are looking at a future of hefty student debt, how can we use the capital in our house to help them get on the property ladder wihout signing the house over to them?

I work part time, am I better off overpaying into my pension or keeping the money in stocks and shares ISA?

Is it worth investing amounts of money in property via online 'crowdfunded' property investments?

How do you plan for retirement with multiple private pensions, a moving state pension retirement date (currently 67 for me) and a husband 10 years older? Is there an app that can stitch together all savings/pensions planning to get an overall picture?

Wish I did have £100 a month to invest for my kids! What is the best thing to do saving smaller amounts?

We are due an endowment policy pay out later this month and have already paid off the mortgage so where should we invest this ( we can put it away for ten years plus) for best return? It's a few thousand. Also, is it better to invest larger lump sums or should we try to invest monthly savings?

What would be more beneficial and how??

are Premium Binds still a safe bet ?

Bonds not Binds

Apparently I have a 3year gap in my Ni contributions due to low paid job. I need to pay £800 per year to fill the gap, would I be better investing this money elsewhere rather than filling the gap, all my other years contributions are full and likely to begin the future.