£100K plus: recommendations?

I'm tidying up various smaller stock investments and would ideally like to place the total of over £100K into an instant access savings account with a high interest rate that protects the entire amount!
As that ideal is unfortunately non-existent I'll have to compromise and would appreciate any recommendations please. My priorities are
1. Tied up for no more than a year. 2. Competitive interest rate for over £100K
Presumably I'll have to split it into two separate investments if I want to protect more than £85,000? Unless NSI (with unlimited protection?) offer anything competitive?
I have other savings too, so I'll obviously have to consider those re the protection issue when it comes to specific accounts.
Reply to
Terry Pinnell
I'd just take a look at one of the money comparison sites. Expect about 3.5% gross, and yes, split the amounts across non-linked protected institutions.
I did have the dubious pleasure of 3 hours with a financial adviser. It all looked like grades of gambling to me, with very little even potential advantage over a straight down the line building or bank savings account.
I Am An Utter Novice.
Rob
Reply to
Rob


>>>> I'm tidying up various smaller stock investments and would ideally like >>>> to >>>> place the total of over 100K into an instant access savings account >>>> with >>>> a high interest rate that protects the entire amount! >>>> >>>> As that ideal is unfortunately non-existent I'll have to compromise and >>>> would appreciate any recommendations please. My priorities are >>>> >>>> 1. Tied up for no more than a year. >>>> 2. Competitive interest rate for over 100K >>>> >>>> Presumably I'll have to split it into two separate investments if I >>>> want >>>> to protect more than 85,000? Unless NSI (with unlimited protection?) >>>> offer anything competitive? >>>> >>>> I have other savings too, so I'll obviously have to consider those re >>>> the >>>> protection issue when it comes to specific accounts. >>>> >>>> -- >>>> Terry, East Grinstead, UK >>>> >>> >>> 30k in Premium Bonds? >>> >>> You might get zilch return but then again......... >>> >>> >>I've average over 3% in the last two years. >> >
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Reply to
tim....

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