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Cobens Direct
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  3. Interest on cash

Interest on cash

Scheduled Pinned Locked Moved Investments and Portfolios
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  • C Offline
    C Offline
    Cappo
    wrote last edited by Cappo
    #1

    I have disinvested a chunk of money from my pension for the Fund of Fun ® which is sitting as Cash in my Pension Breakdown, until I'm ready to draw it down. Is there anywhere within Cobens where I can put that which will attract a little bit of interest whilst remaining in my pension? Only reason for not pulling it out now and putting it somewhere external is the tax burden - which I'm not likely to be able to get around long term, but still need to keep an eye on.

    Thanks.

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    • 2 Offline
      2 Offline
      2BToo
      wrote last edited by
      #2

      No idea buddy, but I think I need a Fund Of Fun too!

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      • A Offline
        A Offline
        Adam Kay
        Global Moderator
        wrote last edited by
        #3

        Money Markets is what you are looking for-yields 3.5% net.

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        • C Offline
          C Offline
          Cappo
          wrote last edited by
          #4

          Thanks Adam. I've attempted to submit a request for a full transfer of my cash to MM (didn't know that existed!) but I'm getting "There was error loading the content" when I click Submit. I'll try again tomorrow but if there's something else I need to do, can someone let me know please.

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          • A Offline
            A Offline
            Adam Kay
            Global Moderator
            wrote last edited by
            #5

            I can't see any problem. Ive passed the comment to Dan to check. Will come back to you. If you message me after you try again we can move it for you if required

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            • C Offline
              C Offline
              Cappo
              wrote last edited by
              #6

              Went straight through this morning, thanks.

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              • A Offline
                A Offline
                Adam Kay
                Global Moderator
                wrote last edited by
                #7

                ok thanks M

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                The value of your investments can go down as well as up, and you may get back less than you invested.

                Cobens is a trading name of Cobens Group Limited which is authorised and regulated by the Financial Conduct Authority. We are entered on the Financial Services Register No. 05850981 at https://register.fca.org.uk .

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