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

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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.

I am retired, have a little savings, but I am not sure where to put this savings to get the best returns, I am due to receive my state pension this year so the savings will be mainly for treats and holidays, but I would like it to earn a little for me

whats the best savings account for my 8 year old son?

We try to save each month between£200&£700 and this helps us pay for holidays etc. We have a sum of money built up. We are unsure whether to leave it in an instant access low rate account or move it into an ISA. Or do we overpay the mortgage?

I try to keep my savings in the highest interest account but it seems to involve so much messing about. There are limits on how much you can pay in, or a set amount monthly or after a year the interest drops to fuck all.. Is there somewhere simple and straightforward I could put money?

Is an isa really better than a straight savings account?

I have recently inherited 45K which I will be using for a house at the end of the year, My husband wants to put the money into Premium Bonds, do you have an alternative where I can still get instant access

Which bank would you recommend for ISA savings?

I wonder whether I should invest my extra money into my pension or just put into a savings account?

Hi x I'm really desperate here.Not sure if this is the right place x My 13 yr old daughter is not well in herself mentally.She has finally agreed to go to the Drs with me for hep.I am a mum of 5,i have been in this situation before with 2 others.She self harms and has told me that she wants to die,not to leave those she loves but just to stop her head and how she feels.There was an incident at school last week,both me and her Dad feel she was bullied into making a statement regarding an issue that happened.Surely,knowing she is vunerable,this isn't right to have bulkied her? Can i get any help to challenge the school on their conduct.Right now u am at my wits end.Thank you for just reaading this xx

I'm 41 and just bought my first house. Would I be better off overpaying my mortgage or trying to build my pension pot? I've been a stay at home mum for years so have only started paying into a pension 3 years ago and my pension forecast looks bleak.

Should I be trying to save all my money in one place? Or should I try and get good deals at different places?

What is the outlook for investing in gold?

Should I take a good pension with small lump sum, or smaller pension with bigger lump sum?
Public sector pension.

If you have a relatively small amount of savings currently but expect it to grow in the future what should you be doing? Sticking it in a savings account? Seeking advice?

Are ISA's really worth it now - they have such low interest rates and what is the difference between Cash ISA an the others ?

what account is best for savings

I have some money which is earning hardly any interest at all. Can you recommend the best place to put it to earn some interest whilst still being easy to access it as I have ongoing work at home and need to be able to get at it quickly.

I have been putting money in a savings I opened up 10 years ago for my daughter also for my son the last 3 years do you think it is better to put it in an ISA so when they want to get a mortgages it will benefit them more having it in an ISA I know it’s quite a while off but it’s important to think of the future my husband thinks we should ask a financial advisor to see if we should invest it but am not sure if that would be safe to do

What is the best way to save for my children's future?

What's the difference between a gilt and a bond?

I don't have much of a pension from previous jobs, and currently I'm working part time and am not eligible to join my company pension scheme. How is the best way to save for my retirement independently?

Is there a way of saving a few pence here and there, i would love to be able to round up my shopping to the nearest £5 and that money goes automatically into my savings/investments. I wouldn't miss it so much and I guess it would mount up quickly

some of our DCs are at the start of their work careers and others at university. They all have savings. what is the best advice we can give them regarding pensions and ways to continue to save or invest.

Hi I am just wondering if I can transfer my daughters trust fund that she was entitled to from the government, I believe it's with a stock share foresters, but we would prefer moving it as it's only 1.5 % and we have saved over £1500 so far and just think it would be more beneficial with a higher rate and we want a brand we know well and trust, how do I go about switching it over.

What's the best way to save for my children to go to university, please? How much should I be thinking of putting aside for each of them and is it better to do this in my name or in their names?