Got any questions on investing and saving? Ask the experts at Legal & General

[EllieMumsnet]

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Savings or investing? Cash ISAs or stocks and shares ISAs? Should you invest for yourself or your children…...it’s safe to say there is a fair amount to think about when it comes to your money and it can be difficult to sift through all the information out there to find out what you really need to know. We conducted a survey last year with over 1,500 MNers & GNers and found that 18% would like to invest their money but don’t know the best way to do so and 10% don’t know the best way to save their money. With that in mind, Legal & General are here to answer any questions you have around savings and investments.

Here is some more information on Helena Morrissey from Legal & General: “Helena Morrissey DBE, Head of Personal Investing. Helena joined Legal & General in 2017 as Head of Personal Investing and has been leading the drive to ensure that the benefits of investing are better understood and widely available, with a particular focus on improving women’s financial wellbeing. Prior to joining Legal & General Helena was CEO of Newton Investment Management.”

Here is what Legal & General have to say: “A nudge in the right direction can often kick start a saving habit that can help with a more secure financial future. Getting started even with a little and often for you and/or your children can really pay off over the long term. It’s never too late to start saving and investing, so if you haven’t started yet what’s stopping you?”

Whether you have questions about the best way to begin investing, or creating an ISA account, how much you should be saving or any questions around how to save for your child’s future, ask them on the thread below and we will choose 10 for Helena to answer.

Everyone who posts their question on the thread below will be entered into a prize draw where 3 MNers will win a £100 voucher of their choice (from a list).

Thanks and good luck with the prize draw.
MNHQ

Standard Insight T&Cs Apply

Open 11/02/19 to 25/02/19. To enter please post on the thread below. One entry per person. Three prizes to be won: £100 voucher of winner’s choice chosen by random draw performed by computer process.

The value of your investments can fall as well as rise and any income from them is not guaranteed.
Legal & General (Unit Trust Managers) Limited.

What is the best ISA to use for saving for a mortgage? Thanks

My daughter is interested in becoming an economist in the future; this requires funds for uni!! I would like to put some money aside in her name for the future. She is 12 years old any suggestions??

We're thinking of leaving our personal pensions to our daughter. Will this affect her pension allowances and is it a tax efficient thing to do?

I'm in my late twenties and would like to start investing but am unsure where to begin and how to get my head around the risk! I am also conscious of how much I need to save and put aside for my later years but given that at this stage in life there is so many outgoings (house, starting a family etc.) - what do you recommend?

I have always thought about investing, but I don't know how to go about it?

What / where is the best place to invest (long term i.e 10+ years) some money and one guaranteed to make my son and daughter a bigger return?

Do you think the stock market will fall if we have a no-deal Brexit?

I had meetings today with Santander and Barclays regarding savings accounts and help to buy ISAs and the amount of choice out there and all the different conditions were so overwhelming. Santander only give you the good rate on their regular savers or ISAs if you have a current account with them, Barclays advised that most ISAs only pay out on mortgages for new build flats, not houses and not already built houses.

In your opinion what are the best help to buy / savings acounts / current accounts out there.

I want to save monthly, i want the flexibility to pay in more when I earn overtime (so I probably need to get a help to buy and a regular savers). I also don’t want lots of aggravation from changing current accounts (ie having to inform everyone i pay things to) and I want the best interest rate possible.

Are stocks worth the risk?

How much should I be saving for my retirement?

What is the best way to currently save and get the most interest from an ISA or a savings account and which kind is giving the best returns?

How are you supposed to invest or save when the money coming in barely covers the basics..

What is the best type of savings account to invest my money in.

should 18 year olds invest in shares, when they are likely to want access to funds within 10 years to fund property purchase

Hi
I have 2 children, one aged 12 the other age 6. My 12 yer old has a child trust fund and my 6 year old an ISA. Can I and should I change the trust fund to an ISA?
Thanks

Is there a good way to put money away for my child in a high interest account that I can then transfer into a pension on their behalf when they turn 18?

I want to know if it is better to save a regular amount into an ISA every month or is it better to use that amount to overpay the mortgage?

I have no savings and I do not have any kind of pension. When is the best time to try and start saving?

I am trying to clear my debts off but i wondered if consolidating them to 1 monthly payment through a company is a better option?

I’ve been in a works pension for 20 years. Is there a guarantee that the money is safe?

what is the best way for grandparents to save money long term for a childs uni education

What is the best way to invest money for my son's future? His bank account gets next to no interest.

i'm self employed and save my tax and NI money for 12 months prior to paying it in, it currently just sits in a current account. What would be a better thing to do with it- ISA, instant access savings or premium bonds? I'm unsure which would work better. Thanks

I'm a single working mum but I've started putting away £10 a month since my son was born in to a 4.5 % savings bank account. Is there any safe improvement on this ?

What age is too late to start a pension?