POPULARITY
76 episodes with 7im
19 episodes with 7im
4 episodes with 7im
3 episodes with 7im
Lucinda is joined by Kate Hughes, the Chief People Officer at Seven Investment Management (7IM). Kate shares her journey over the past decade at 7IM, detailing the company's significant growth from 170 to over 600 employees and the evolution of its culture. She discusses the importance of establishing a strong organisational culture, engaging with employees to align values, and fostering an inclusive environment. Kate also talks about her approach to HR, which combines strategic thinking with a focus on commercial acumen, and highlights the challenges and successes she has encountered, particularly in promoting gender equality within a traditionally male-dominated industry KEY TAKEAWAYS Open communication and transparency within the organisation foster trust and collaboration. Ensuring that all team members, regardless of their position, have access to the same information and opportunities is vital for a cohesive work environment. Understanding the business's commercial aspects is critical for HR professionals. Decisions should align with business outcomes, and HR should be seen as a valuable partner in achieving organisational goals rather than just a support function. Balancing emotion and logic is important in leadership roles. Knowing when to express emotions and when to remain composed can enhance decision-making and team dynamics. Preparation and clarity on desired outcomes are key to effective communication in challenging situations. Individuals should take ownership of their career paths by setting goals and seeking guidance from experienced colleagues. Proactively engaging in career development can lead to faster growth and a clearer understanding of personal aspirations. BEST MOMENTS "When I joined, as a small company... there aren't always the processes and systems in place. So that was really the first task was sort of managing that with the team." "We realised that the culture that we had... we needed to put more attention on that, is what were the aspects of the culture we wanted to retain?" "What we like is enthusiasm. I don't think you can teach or recreate... there has to be that sort of passion for what they do." VALUABLE RESOURCES The HR Uprising Podcast | Apple | Spotify | Stitcher The HR Uprising LinkedIn Group How to Prioritise Self-Care (The HR Uprising) How To Be A Change Superhero - by Lucinda Carney HR Uprising Mastermind - https://hruprising.com/mastermind/ www.changesuperhero.com www.hruprising.com Get your copy of How To Be A Change Superhero by emailing at info@actus.co.uk Kate Hughes - https://www.7im.co.uk/7im-management-team/kate-hughes ABOUT THE HOST Lucinda Carney is a Business Psychologist with 15 years in Senior Corporate L&D roles and a further 10 as CEO of Actus Software where she worked closely with HR colleagues helping them to solve the same challenges across a huge range of industries. It was this breadth of experience that inspired Lucinda to set up the HR Uprising community to facilitate greater collaboration across HR professionals in different sectors, helping them to ‘rise up’ together. “If you look up, you rise up” CONTACT METHOD HR Uprising Join the LinkedIn community - https://www.linkedin.com/groups/13714397/ Email: Lucinda@advancechange.co.uk Linked In: https://www.linkedin.com/in/lucindacarney/ Twitter: @lucindacarney Instagram: @hruprising Facebook: @hruprising Actus Software Website: https://www.actus.co.uk LinkedIn Instagram Facebook YouTube X / Twitter HR podcast, The HR Uprising, Diversity, Equality & Inclusion, Learning and Development, Culture & Change: https://hruprising.com/hr-podcasts/
Recent data shows that just 8% of us have actually received professional financial advice, while the number of financial advisors willing to work with smaller portfolios is falling. With that in mind, Money expert Megan Thomas and Chris Justham, Managing Director of Intermediary Solutions at financial advisors 7iM demystify the world of financial advice and explore whether or not AI could help bring the industry to the masses. Read more about financial advice & sign up to our free weekly Money newsletter. Become a Which? Money member and receive a special gift - offer ends 16 February 2025. Get 50% off a Which? membership.
7IM's Ben Kumar talks with me about geopolitics, investment risk management, regulatory change and lots more
Equity market returns are starting to broaden out beyond the large US technology companies, but how can managers take full advantage? FT Adviser's investment editor David Thorpe speaks to Fahad Hassan, chief investment officer at Albemarle Street Partners, Matthew Yeates, deputy chief investment officer at 7IM, and Katerina Kosmopoulou, partner and fund manager at J Stern and Co, about their diversification strategies for equities in the current market. The FT Adviser Podcast is the podcast for financial advisers, brought to you by FT Adviser. Each week, we are joined by guests from the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.
Amy Austin, news editor at FTAdviser speaks to Ben Hammond, consulting director at the Lang Cat and Verona Kenny, Managing Director of Intermediary at 7IM, about the FCA's letter to platform CEOs.They discuss the FCA's issues around fees, unstable technology and long transfer times.The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.
Retirement income is a complex area to advise on, as clients have different ideas of what they want from their retirement. In this CPD podcast, in partnership with 7IM, we discuss how advisers can navigate the important area of retirement planning, what solutions are out there for them to streamline their business, and the role providers are playing to help advisers be the most efficient they can be. Hosted on Acast. See acast.com/privacy for more information.
The Biden administration has called for a boost in funding for the Environmental Protection Agency in the wake of the derailment of a Norfolk Southern train in Ohio. The ask came in form of the president’s budget request to Congress, where it faces long odds in the divided legislature. Credit Suisse, the megabank that received a lifeline of over $50 billion this morning from the Swiss central bank, has been a risky institution for a long time, explains 7IM’s Ben Kumar. And, a look at how the latest economic data may influence the Fed’s upcoming rate decision.
The Biden administration has called for a boost in funding for the Environmental Protection Agency in the wake of the derailment of a Norfolk Southern train in Ohio. The ask came in form of the president’s budget request to Congress, where it faces long odds in the divided legislature. Credit Suisse, the megabank that received a lifeline of over $50 billion this morning from the Swiss central bank, has been a risky institution for a long time, explains 7IM’s Ben Kumar. And, a look at how the latest economic data may influence the Fed’s upcoming rate decision.
This week on the In Her Financial Shoes podcast, I am exploring how you can make how you can make your child a mini-millionaire with the use of pension investments for children. In 2017, Age UK conducted some research that showed 74% of people rely on the state pension for their sole income in retirement. A report conducted by 7IM showed that most people rely on a lottery win to ensure their comfort on retirement. Pensions are a topic very close to my heart and after changes in pension legislation in the early 2000s, access to pensions is a lot more flexible, making it a better consideration for investment. It is hard for children to understand why they need to think about the future so join me today and find out how we can set them up for retirement from birth. In this episode How to set up and start a pension for a child Why we need to take one step today to make your child a multi-millionaire by the time they reach retirement age Busting myths and self-limiting beliefs around pensions Why pensions are not just a retirement vehicle but can also be used to start investing and utilising the compound effect to grow long-term sustainable wealth The benefits of helping children understand investments from a young age Resources: Get my FREE book ‘It's Not About The Money' Register for my FREE Financial Coaching Masterclass Connect with Catherine on Twitter, Instagram and Facebook Join Catherine's Facebook Page and FREE Facebook Group My Online Courses – Investing for beginners from £1 Catherine's YouTube Channel Find out more about the Wealthy Woman School My Pension Mini-Course Pensions Made Simple Get impartial financial information at Boring Money
Award-winning CEO Dean Proctor of 7IM shares how they engaged their customers, clients, and employees in building a shared purpose and the impact that has had on the organisation, particularly on employee willingness to take on leadership roles at all levels. He also describes some of the frameworks and processes they have put in place to reinforce and maintain this shared purpose.
In the first episode of The Advice Show for 2022, Citywire NMA senior reporter James Fitzgerald speaks with 7iM's head of investment and ESG, Terence Moll. Moll tells Fitzgerald that the FCA's proposed climate disclosure regulations will help wealthy financial firms provide clarity on their net-zero goals and investments, and explains why world governments need to implement a carbon tax to tackle climate change.
This week, Lucinda is in conversation with Sarah Trowell, Senior People & Culture Partner at Seven Investment Management LLP (7IM), about her award-winning cultural transformation program, her career journey so far, and the innovative practices being used at 7IM in order to create impactful cultural change. KEY TAKEAWAYS There are always things to learn in the HR space. There are always ways in which we can improve and innovate, which makes the sector extraordinarily exciting. The five year vision is to create an environment where colleagues feel understood, empowered, and valued, thereby allowing them to deliver an unrivalled experience to clients, and to each other. Simply providing answers to questions is faster and easier, but is also rather more short-sighted. If we coach others to seek out answers for themselves, we empower them for the better. Delivering new initiatives are one thing, but adopting them and implementing them on a foundational level, is another. It is not enough to simply come up with new ideas. We have to see them through. BEST MOMENTS 'I'm genuinely still learning' 'The change from human resources to people and culture is just another example of how, as a business, we are modern' 'The business feels different' 'In swimming up stream and not drowning, you think to yourself, "I can do this"' VALUABLE RESOURCES The HR Uprising Podcast | Apple | Spotify | Stitcher The HR Uprising LinkedIn Group How to Prioritise Self-Care (The HR Uprising) How To Be A Change Superhero - by Lucinda Carney HR Uprising Mastermind - https://hruprising.com/mastermind/ www.changesuperhero.com www.hruprising.com Sarah Trowell LinkedIn - https://www.linkedin.com/in/sarahdsmith1?originalSubdomain=uk ABOUT THE HOST Lucinda Carney is a Business Psychologist with 15 years in Senior Corporate L&D roles and a further 10 as CEO of Actus Software where she worked closely with HR colleagues helping them to solve the same challenges across a huge range of industries. It was this breadth of experience that inspired Lucinda to set up the HR Uprising community to facilitate greater collaboration across HR professionals in different sectors, helping them to ‘rise up' together. “If you look up, you rise up” CONTACT METHOD Join the LinkedIn community - https://www.linkedin.com/groups/13714397/ Email: Lucinda@advancechange.co.uk Linked In: https://www.linkedin.com/in/lucindacarney/ Twitter: @lucindacarney Instagram: @hruprising Facebook: @hruprising See omnystudio.com/listener for privacy information.
In this episode, reporter Laura Purkess talks to 7IM’s Verona Kenny about the biggest changes she’s seen in the advice profession over the course of her career. They talk about pension freedoms and the rise of responsible investing, as well as the growth and consolidation of advice firms.
Five asset allocation heavyweights explain how portfolios have changed in the wake of the coronavirus crisis, and look into whether the ESG rise is a direct result of the pandemic. The podcast was hosted by Citywire Wealth Manager news editor Loukia Gyftopoulou. Guests included: Chris Godding - CIO at Tilney, Shakhista Mukhamedova - Divisional director at Brewin Dolphin, Haig Bathgate - Head of portfolio management at 7IM, Nic Spicer - UK head of investment at PortfolioMetrics, Justine Colley - Portfolio manager at Sanlam.
In this episode of the New Model Adviser podcast, reporter Laura Purkess is joined by Verona Kenny, managing director of intermediary at 7IM, to discuss the value of 10% drop notifications, how pension freedoms clients have been affected by the recent market crash and how 7IM has coped with Covid-19.
Ollie Smith and Jack Gilbert are joined by 7IM head of intermediary Verona Kenny to discuss the implications of the platform market study.
This is a big day! Today I get to announce something that 7IM and I have been working on for a long time.
With an early career that spanned the vineyards of Europe, the docks of Southampton and finance in Asia, Justin went onto establish Broker Services at what became Barclays Stockbrokers. Today he is one of the most recognisable and trusted market commentators on television, radio and in the press. He is also one of the co-founders of 7IM.
Welcome to podcast from Morningstar UK, the leading provider of independent investment research. This week we take a look at record high stock markets and whether investors to be concerned about a global downturn. 10 years on from the pre-crisis FTSE 100 high, we examine how UK stocks have fared over the past decade - and what investors should expect next. Is the FTSE 100 Facing Another Market Crash? Tanguy De Lauzon from Morningstar Investment Management is up first to discuss this with our senior editor for Morningstar.co.uk Emma Wall. The Federal Reserve is expected to raise interest rates next month. Will this trigger a correction in US equities - a market which is looking increasingly expensive? Paul O'Conner, Head of Multi Asset at Janus Henderson is up next to discuss if a Fed rate rise means the us stock market will fall. Should you sell US stocks? Are US stocks overvalued? The S&P 500 clocked yet another all-time high last week. Jeremy Glaser, Editor for Morningstar.com is up next to question whether it’s time to take your gains from US equities. Concerned about a market correction? Morningstar Investment Management's Dan Kemp, Chief Investment Officer, EMEA at Morningstar Investment Management explains that you can you buy portfolio protection - but it won't be cheap. Absolute return investor Jonathan Gumpel, Manager at Brooks Macdonald Defensive Capital Fund draws comparisons between today's stock markets and those of 2007 - and warns investors not to take too much risk and that now might be the time to buy gold. Traditional pension portfolios move savers' cash into lower-risk assets as they approach retirement, but new research from 7IM suggests this default should be re-considered. Emma Wall is up next to talk about how to manage risk as you approach retirement. And that’s the end of this edition. We hope you enjoyed this programme from everyone here at Morningstar UK, thanks for listening. Subscribe to our podcast on itunes: https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2 http://www.morningstar.co.uk
Listen to Matthew Yeates, Investment Manager at 7IM explain why the idea of ‘soft Brexit’ has been thrown out of the window following the snap elections and how it is more of a choice between ‘hard Brexit’ & chaotic Brexit’. Yeates also discusses the impact on the markets and the political and economic situation across Europe. #Brexit, #hardBrexit, #markets, #trading, #investing, #macro, #Europe, #fundamentals, #UK, #finance
Wage squeeze has worsened in the UK with the cost of living as represented by the consumer price index (CPI) having risen to a 4-year high of 2.9% in May. The central bank, in its quarterly inflation report, released early last month had said the inflation would top out in late 2017 around 2.8%. Ben Kumar from 7IM says we need to focus on whether the BOE still views this spike in inflation as temporary. Listen to the full segment for more info on- Fed policy: Will the central bank talk down future rate hike odds? Are tech stocks in a bubble? Are the sky-high valuations justified? #BOE, #BankofEngland, #centralbank, #inflation, #indicator, #macro, #fundamentals, #investment, #trading, #UK, #stocks, #equities, #valuations
The textbook says a stock market rally is phony if the market breadth isn’t healthy. Market breadth is what goes on in the stock market. It looks at the number of stocks that are advancing or declining within an index or an exchange. Ben Kumar, Investment Manager at 7IM believes it is the narrative than matters and not the breadth. The rally in the US stocks is mainly based on the tech stocks, but Kumar does not see it as a reason to fear. Kumar also says a 4% or 5% drop in oil prices in a single day no longer scares investors because the narrative has changed. Watch the full segment to know Kumar’s take on whether the US stocks would continue to scale new heights.
You've heard me talk several times on this show about having a strong foundation for your financial plans. In practice, this means having some insurance in place so that if the very worst happens, your plans need not be washed away. In today's show, I'm going to look at the different kinds of insurance, how much you need and what you should look out for in the plans you already have. Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk Audit Your Insurance So let's talk about a foundation. When building anything, the foundation absolutely has to be right. If you build a house without an adequate foundation, at best you're going to get some unsightly cracks, and at worst the place will fall down. Life throws things at us which we don't expect. Some of those things are worse than others. Some have a greater financial impact than others. But a prudent person takes some steps to ensure that if some or all of these things happen, then the longer-term financial security of you and your family need not be compromised. Resources Here's the cheatsheet I've put together to summarise the things I talk about in this session: Podcast: Session 7, Protecting Your Future Podcast: Session 22, All About Trusts Share the love If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
Is Britain leaving a sinking ship or a first class cruise? The EU is looking stronger than ever, given the relative political stability and strong economic data. So should investors continue to pour money into European assets? Chris Justham, Relationship Manager at 7IM does acknowledge the EU’s positives, but adds that a potential ECB QE taper tantrum could be a risk to the financial market stability later this year. Justham believes the taper would be good for the banks, but says, it will be interesting to see how the broader markets react. Watch the full segment to know if - The EUR strength is a risk to the Eurozone economy and whether political stability in the EU will make it hard for the UK secure a good deal #markets, #trading, #EU, #Europe, #UK, #equities, #stocks, #macro, #fundamentals, #politics, #investing, #ECB, #QE, #taper, #centralbanks
Ben Kumar, Investment Manager at 7IM isn't surprised by the rebound in the equities as he believes the global economy is in good shape and thus markets tend to brush aside political issues. "The Trump trade is long gone", he says, but it doesn't mean the US is a 'hollow egg' as economy looks strong with jobless rate at multi-year lows. Kumar describes the Tory manifesto and UK PM Theresa May's strategy as "capture the middle ground as a personality rather than a party". The segment concludes with Kumar sharing his bullish view on Indian economy. #economy, #markets, #trading, #equities, #stocks, #indices, #trading, #macro, #investing, #UK
Tip TV's weekly financial market highlights hosted by Technical Analyst Matt Brown this week featuring Vitaly Nesis, Polymetal CEO, Ben Kumar from 7IM, The Evening Standard's Simon English and ADMISI Strategist Marc Ostwald. #Podcast #Finance #Markets #Business #Trump #TipTV #Election #Tory #Manifesto #LloydsBank #Telco #FTSE100 #Polymetal #CEO #7IM #PoundCrash
Last week I introduced the nine areas of your finances that we're going to delving into for our Personal Finance Audit. The idea is that over time, some things get neglected and left to run, and sometimes it's good to take a fresh, detailed look at these ares to make sure they're still in good shape in helping you move towards your aims. Today I want to take a look at the absolutely fundamental area of spending… Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk Audit Your Spending I've often said that financial planning is essentially about income and outgoings. If you're building wealth, you need to have some excess income so you can save and invest that over time. If you're retired and enjoying your money, then your spending rate will be a key determinant as to whether or not you run out of money one day. So no matter what stage of life you're at, keeping some kind of rein on your spending is important. As we go through this season, I want to keep the stuff you need to KNOW fairly short, and go long on the practical, what you need to DO stuff. Resources Here's the cheatsheet I've put together to summarise the things I talk about in this session: Budgeting Tools: YNAB, Spending Tracker for iOS, Spending Tracker for Android, Fudget for iOS, Fudget for Android Podcasts: Session 3 - How To Budget Session 207 - Enough with Paul Armson Season 5, Episode 6 - Investing in Retirement, with Abraham Okusanya Session 157 - Making More Money, with Chris Marr Money To The Masses Websites: I Will Teach You To Be Rich, savings article Meaningful University - Budgeting course launching soon! Envision Your Money New style bank: Monzo Share the love If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
China will finally open its borders to US beef while the cooked Chinese poultry is closer to hitting the American market as part of a US-China trade deal. Commerce Secretary Wilbur Ross hailed the agreement as "a Herculean accomplishment". Listen to Matthew Yeates, Quantitative Investment Manager at 7IM discuss whether the deal is really a Herculean accomplishment or merely a flash in the pan. Yeates says it is good news as trade protection/trade war between the US and China would have been bad for the US economy and global markets. Yeates and Presenter Zak Mir also consider if rescuing the bank with taxpayer money is a good strategy? After all, the taxpayer is set to make a profit of about £500m on the £20.3bn bailout of the Lloyds Bank Group during the financial crisis. #US, #China, #internationaltrade, #economy, #fundamentals, #UK, #Lloyds, #banks, #Trump, #stocks, #investing, #trading, #markets, #equities
Welcome to a brand new season here on MeaningfulMoney. I'm excited to bring you this season because I believe that it will help every single listener to this show. Today's session will be introducing the season and helping you get ready and excited for it. Don't worry though, it ain't just fluff - there will be some action points to take as well. Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk The Personal Finance Audit OK, I am calling this season of MeaningfulMoney the Personal Finance Audit. I battled with myself over what to call it. Is ‘Audit' too dull a word? Too forensic? Will everyone understand what it means? In the end I opted for the word audit because I want this to be a pretty thorough look over various areas of our personal financial situation, to help us identify areas which might need refining or improving. All with the aim of reaching our goals as quickly and efficiently as possible. So today I want to outline the nine areas of your personal finances we're going to be looking into over the coming weeks so you're well prepared for what's to come. Resources Book: Enough, How Much Money Do You Need For The Rest Of Your Life? Website: Envision Your Money Transcript As always there is a transcript available for the entire show. you can get it by clicking the huge blue button below: Share the love If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
Matthew Yeates, Quantitative Investment Manager at 7IM explains the turnaround in the European politics from far right to the status quo and its positive impact on the European equity markets. He is joined by Brand Communications CEO Alan Green and Tip TV Presenter Zak Mir. Key points Macron’s victory may have helped restore the European Union (EU) stability and set the Eurozone on a decidedly more stable course European equities are cheap (in multiples of earnings) when compared to the global and US equities Macron needs to deliver - side with political forces that would support structural reforms and help strengthen the French economy #Europe, #equities, #valuations, #fundamentals, #economy, #macro, #politics, #investing, #trading
Now the EU referendum has been announced, there is one question which I am starting to hear over and over again: How will Brexit affect my investments? Today I'm speaking to friend of the show, Justin Urquhart Stewart of Seven Investment Management, he of the red braces fame, and ask his opinion. He also tells us how he is going to vote and why… Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk How will Brexit affect my investments? Since 1973 the UK has been a member of the European Economic Community, and we voted in a referendum to stay within it in 1975. Well, I didn't, as I was born that year! Since then, the EEC has changed beyond all recognition and now, on June 23rd we're going to be given the chance to vote again on whether we should stay or leave what is now called the EU. As you can imagine, my clients have been asking the question - what will the British Exit, or Brexit mean for investments? So I have been reading, listening and watching what I can to try and get on top of the pros and cons of each camp. The first person I called was Justin Urquhart Stewart, who returns to the MeaningfulMoney podcast for the fifth time! In this session, you'll discover: What affect the announcement of the EU referendum has already had on investments Justin's view on the pros and cons of a British exit from the EU Some clear parallels between the pressures currently being faced by the EU and those faced in ancient Rome Some of the key drivers of the current market volatility, apart from the EU referendum How Justin Urquhart Stewart is planning to vote in the referendum The best plan for riding out market volatility, whatever the result I think there are so many facets to this debate and it will depend very much on your point of view. And it was ever thus, right? We'll make the decision based on what it means for us, perhaps at the expense of the greater good. Ah well, we'll see, sometime on June 24th probably, what the outcome will be Resources mentioned in this show Transcript: As always, there is a full transcript of this show available by clicking the big blue button below: Join the conversation I love to read and respond to your comments, so please do join in and share. Question: How are you planning to vote, and why? Please keep any comments respectful, or I'll just delete them and block you ;-) Share the love Hugs and kisses to Sparky Lu, and O-J P for their reviews this week - much appreciated folks! If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
Over the past six years I have built up quite a body of work here on MeaningfulMoney. And that's especially true when it comes to how to invest. In today's show I am going to bring together some of the best investing resources on the site and try to fit them into a path to take you from zero to elite investment skills. Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk How to invest With 303 videos and 149 podcasts here on MM it can be hard to find what you need, though there is a very efficient search system. I am in the process of designing and building a new home page which will hopefully help new visitors find their way round, but until that is done, this post should help you navigate the best stuff when it comes to investing. Of the resources listed, more are podcasts than videos. Many of the videos are somewhat out of date now, and while I am redoing some of them, the podcast is generally where the meat is. Ready? Here are eight steps to become and investing ninja: Step 1 - Get into the right mindset Video number 246 talks about getting into the savings mindset. You need to start form a good place, as the changes you will make need to be deep-seated to last for a lifetime. This involves being future focused, getting mad at the financial services industry, and committing to taking control of your own future. Step 2 - Get started For those who are right at the very start of their personal finance journey, and are looking to pay off debt and begin saving for an emergency fund, I have a dedicated index page just for you. If you have done those things, and you're looking at how to invest, what's next? Podcast session 6 was a chat with the erstwhile Justin Urquhart Stewart of my sponsors, Seven Investment Management. In that show we agreed that investing should be dull, above all. You should understand your risk tolerance (more in a minute) and understand what makes a core investment portfolio. Then in Podcast session 10 we looked at Asset classes, or things you can investing, and a little bit about how they interact. And we followed this up with Podcast session 11, where we covered the platforms, wrappers and funds that these assets are held inside. this is the basic architecture for investing success. Step 3 - Understand Risk It has been proven beyond doubt that risk and reward are related. Risk is a multi-layered subject, as I discussed with my friend Richard Allum in Podcast session 16. Much later, I chatted to Paul Resnik of risk measurement firm Finametrica in Podcast session 119, and looked into the science of risk tolerance, and whether or not it changes in response to external factors. Finally, video number 300 covers the three main ways in which investment risk can be managed by ordinary folks, such as you and me. Step 4 - Educate yourself We're better at most things if we learn something about them in advance of diving in. The same is true for investing, which is why this site exists, and why you're here. You need to learn how to invest, before you start to invest. Podcast session 76 was a chat with journalist Robin Powell who created a documentary called How To Win The Loser's Game. Listen to the show and watch the film; it'll set the scene. Then I embarked on a four-part investment masterclass covering: Asset Allocation Risk and return Setting realistic targets Understanding costs Those four podcast sessions will give you a superb grounding of education and equip you to make good choices. Step 5 - Get practical Armed with all that good information, it is time to get your hands dirty with some practical investing. Back in Podcast session 41, I took listeners through how to build a portfolio from scratch, exactly how I would do it. I then chatted subsequently with Mark Polson of platform consultancy the lang cat, in Podcast session 75. If you're going to go it alone and not seek professional advice, there are plenty of online systems to help you invest in various ways, and Mark's guide helps you decide which is best for you. Once a portfolio is built, it should be reviewed. In Podcast session 96 I cover what to do when you sit down each year to look at the year just gone and the one coming up. What should you be looking for? What should you ignore? Step 6 - Learn about behavioural finance We are so often our own worst enemies. While investing is a science, as humans we are driven by emotion, and as such we can make some very bad decisions. Half the battle with learning how to invest is understanding why we make mistakes and putting in place a framework to minimise these. Back in Podcast session 43 I covered nine classic investing mistakes that I see people make over and over again. Then, in one of my favourite conversations I have had for the podcast, I chatted to Greg Davies from Barclays Wealth over two shows, session 108 and session 109. Greg is the UK's foremost authority on behavioural finance and gives us some very practical tips on how to make good investing decisions. Finally, I make my own attempt to give some practical tips for making smart decisions in Podcast session 118. Step 7 - Get things in context As I often say here on MeaningfulMoney, money is never an end in itself, but a means to an end. It is there to serve your life goals, and to enable them, never to be a goal in itself. It is therefore vital to invest with this context in mind. In Podcast session 48 I asked some important questions, crafted by the father of financial life planning George Kinder. These three questions will help put money in its proper place. I then interviewed my good friend Tina Weeks in Podcast session 85, and she shared her approach for putting money into perspective. Step 8 - Take things to the next level Finally, for those plucky few who make it this far, there is the opportunity to level up, and take your investing to the next level. In Podcast session 81, I cover some advanced investing techniques, and in Podcast session 24, I talked about some lessons we can learn from how the super-rich manage their wealth. I chatted to financial guru Todd Tresidder in Podcast session 123, and asked the question: How much do I need to retire. Todd himself retired at 35 or something incredible, so he's a good man to learn from. And then in Podcast session 113, I covered ways to put your finances on autopilot, so you can grow your wealth while you sleep. Summary Phew! I think that is plenty for most people to be going along with. If you can apply the information about how to invest contained in these podcasts and videos, your financial success is pretty much assured. Join the conversation I love to read and respond to your comments, so please do join in and share. Question: Which of these resources has benefitted you most, and why? Share the love If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
This month on MeaningfulMoney, we have dived deep into the world of tax planning, and I have hinted about tax-efficient investing as I've gone along. This week I want to give you a comprehensive checklist to everything you need to KNOW and then everything you need to DO to make the most of the many tax planning angles available to you when you are investing. Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk Tax-efficient investing Checklist By now, you know how I feel about tax. It's necessary to pay it, even our duty to pay it in order to contribute to society. But part of living in a developed economy is that the government uses tax breaks to encourage investing in certain ways. It's those tax-efficient investing techniques I want to explore today. What I go through today will be all that 98% of you ever need to do. If you tick off these things you'll save as much tax as it is possible to save when investing. Any other questions or comment, leave them in the show notes. Resources mentioned in this show Blog: Contrived Tax Planning Checklist: Click the big yellow button below to download the checklist so you can tick off each step Transcript: As always, there is a full transcript of this show available by clicking the big blue button below: Join the conversation I love to read and respond to your comments, so please do join in and share. Question: What capital gains tax planning and inheritance tax planning measures have you taken? Share the love Hugs and kisses to TimW123 and Rtheyalltaken for their reviews this week - much appreciated folks! If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
Last week, we covered Income Tax planning, but there's a whole world of planning you can do outside of that, to feather your own nest. In today's show I'll cover the two other main personal taxes, and look at how you can do some good solid Capital Gains Tax planning and Inheritance Tax planning [smart_track_player url="http://traffic.libsyn.com/meaningfulmoney/MMP147.mp3" title="Session 146: Income Tax Planning" artist="MeaningfulMoney Podcast" color="01A83C" social="true" social_twitter="true" social_facebook="true" social_gplus="true" ] Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk Capital Gains tax planning & Inheritance Tax planning Capital Gains Tax (CGT) and Inheritance Tax (IHT) - both will likely figure at some point in your investing career, if they haven't already. But CGT and IHT are most definitely able to be planned around, and I'm here to be your guide. All tax allowances and rates are for the 2016/17 tax year, and this is UK-only folks - apologies to my overseas listeners. Check out the archive! In this session, you'll discover: How capital gains tax works What CGT is charged upon and how it is calculated Why it might be a good idea to make a loss from time to time How to make the best use of your assets for Capital gains tax planning Which kinds of investments are advantageous for CGT How Inheritance Tax works What the Nil Rate Band is, and how it is changing The three best ways to reduce your IHT liability How to best execute your Inheritance Tax planning strategies Everything I cover in this session will be enough for most people to never pay either Capital Gains Tax or even Inheritance Tax. Most of us don't have big issues with these taxes, but just need to know the best ways to work around them. Resources mentioned in this show Podcast: Personal Taxation Overview Podcast: Income Tax Planning Video: Enterprise Investment Schemes Transcript: As always, there is a full transcript of this show available by clicking the big blue button below: Join the conversation I love to read and respond to your comments, so please do join in and share. Question: What capital gains tax planning and inheritance tax planning measures have you taken? Share the love Hugs and kisses to Toxic_Fairy, and Dr Simon Li for their reviews this week - much appreciated folks! If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
Income tax is a fact of life for most people, but income tax planning opportunities are available to everyone who needs them, if you know where to look. In this week's show I cover the obvious and not-so-obvious income tax planning tips you need to know. Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk Income tax planning The current and previous governments have done a great deal to bring more people out of paying income tax by increasing allowances, of which more in a minute. For those of us who do pay tax, there are plenty of ways of saving tax legitimately and that's what we're looking at today. By the way, I'm guessing there are not too many bazillionaire footballers and pop stars listening to this. These are the kinds of people who have fallen foul to tax avoidance schemes which turned bad. Needless to say I'm not a fan of anything dodgy. In fact, I wrote a blog about the difference between tax avoidance and tax evasion, and why I think it is right and proper that we pay tax, even while using all the many allowances and reliefs that are offered to us to reduce tax. BTW, this is a session geared towards UK taxpayers, as I have no idea how tax works anywhere else in the world! In this session, you'll discover: How income tax works All the allowances which are available from April 2016 All about about income tax reliefs – free money! What you should do if you're in a relationship, to save income tax How to use the coming facility of ISA restocking to your advantage How to make the most of the new dividend allowance Which tax wrappers you should use to take best advantage of income tax planning angles The new extended personal allowance, personal savings allowance and dividend allowance, coupled with the existing benefit of pensions and ISAs will mean that the vast majority of people could well pay zero tax on all their investments and pensions (except when you take money out of a pension). It's just a matter of organising things in the best way possible. Also, watch for the articles and videos on the MeaningfulMoney.tv site. I put out a blog post on Monday, the podcast on Wednesday and a video on Friday, and February is tax month, so that'll be the general theme, at least until I run out of stuff to talk about! If you have any questions about this personal taxation overview, leave a comment below. Resources mentioned in the show Podcast: Personal Taxation Overview – including a downloadable cheatsheet with worked income tax examples Join the conversation I love to read and respond to your comments, so please do join in and share. Question: What income tax planning measures have you taken? Have you invested in different tax wrappers? Share the love Hugs and kisses to Troy50, Rob Mildren and Steve Binns for their reviews this week – much appreciated folks! If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe.
Personal taxation is changing. It's been a while since we looked at this subject, one of life's inevitabilities, so let's dive in to my personal taxation overview, and see where we end up! Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk Personal Taxation Overview Yes, tax is changing, as it often does. I heard somewhere that in the UK have the largest tax code, when printed out as a series of books, of any developed country in the world. I don't know if that is true, but one things for sure, it IS a complex thing to understand, and yet it is so necessary. As ever though, I am here to simplify things for you and to cut down the reams of paper into bite-size chunks that you can APPLY to your everyday life and investing. We'll cover the three main personal taxes: income tax, capital gains tax and inheritance tax. This time, I'll be looking at what you need to know, and then over the next two weeks I'll look at what you can do to mitigate some of these taxes. BTW, this is a session geared towards UK taxpayers, as I have no idea how tax works anywhere else in the world! In this session, you'll discover: All about walls and boxes - that's a model for understanding income tax! The order your income is taxed in - it's important All about changes happening in April which transform how your income is taxed What is happening in April to the way interest on bank savings is paid How capital gains tax works How inheritance tax works How much you can leave your beneficiaries when you die, without paying tax It's tempting to get into some actionable stuff here, but listening to tax info is dry, so I wanted to keep it short-ish. Next week we'll look at income tax strategies, but for a visual cue to how this all works, download the cheatsheet by hitting the yellow button below. Also, watch for the articles and videos on the MeaningfulMoney.tv site. I put out a blog post on Monday, the podcast on Wednesday and a video on Friday, and February is tax month, so that'll be the general theme, at least until I run out of stuff to talk about! If you have any questions about this personal taxation overview, leave a comment below. Show transcript As always, there is a full transcript of this show available by clicking the big blue button below: Join the conversation I love to read and respond to your comments, so please do join in and share. Question: Is your tax situation going to be better or worse after the changes in April 2016? What are you doing about it? Share the love Hugs and kisses to Joshua Tharby for his review this week - much appreciated fella! If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
Most of us leave our retirement savings later than we should. The best way is to start saving as early as possible, but how many 20 year olds do you know who are planning for their retirement?! But if you have left it late, all is not lost, and in this session I'll be giving you some top retirement savings tips to help you catch up… Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk Retirement savings tips for late starters So, you've hit your 40s, or even your 50s and you realise with a gulp that you haven't taken your retirement savings very seriously thus far. It's time to take action, and while it might seem like you have a mountain to climb, there's no better time to set off climbing than right now. You'll need to strap in though, and get serious. But you can do that. After all, it's your future on the line. So, as usual, I'll cover a couple of mindset things you need to know first, and then spend the rest of the time looking at some practical things you can do to achieve you goal of retiring before you hit age 85. In this session, you'll discover: That it's never too late, but that the right time to start is NOW! That you are the only person who really cares about your own future comfort The biggest hurdle to jump BEFORE you can save effectively towards retirement How to make savings increase over time, on auto-pilot The power of reducing outgoings, and where to do that first That you can find money in all sorts of places you can put towards your future How to get free money towards your retirement The biggest factor working against your savings success I'll say it again: it is never too late to make strides towards funding your retirement. The later you have left it, the more sacrifices you'll need to make, but this is your future comfort we're talking about, and the retirement savings tips discussed in this show are worth following up. You don't have to live like a monk now, but I am reminded of Dave Ramsey's favourite saying: Live like no-one else, so that later, you can live like no-one else. If you're concerned about anything, leave a comment below. Resources mentioned in this show Video: Pay off debt quickly with the Debt Snowball Podcast: Making More Money Podcast: Direct Investment Platforms Podcast: How much do I need to retire, with Todd Tresidder Website: FinancialMentor.com (Todd's site) As ever, a full transcript is available - just click the enormous blue button below! Join the conversation I love to read and respond to your comments, so please do join in and share. Question: Are you late in starting saving for your retirement? What steps are you taking to catch-up? Share the love Hugs and kisses to ACSWL, Lawrence Pease and davidnicholas59 for their reviews this week - much appreciated folks! If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
If you have pensions or investments, what if your provider fails? Do you lose everything? What protections are there in place? In this week's show, I'll be looking at what happens when it all goes wrong. Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk What if your provider fails? Today's financial landscape is more complex than it has ever been. We've got platforms, wrappers, funds, trusts, and lots of different levels of investment. You might hold some shares within a fund, within an ISA held on a platform. That's four levels of custodianship! But what happens if one or other of those providers goes belly up? While unlikely, it cannot be discounted, as the financial crisis of 2007/8/9 taught us. Prior to that, this ‘what happens if' question was largely theoretical. But then people started losing money in Icelandic banks, and stuff got real. So we need to understand what protections are in place for investors - UK investors of course - and look at some principles for making sure you're as protected as possible, wherever you live. In this session, you'll discover: How the Financial Services Compensation Scheme works, and its limitations Why it's important to understand who owns what? The simplest way to make sure your investments are always protected Why two different banks are not always two different banks Why you shouldn't lose too much sleep The one thing you definitely shouldn't do in a bid to protect your money I think that as with all things to do with worst-case scenarios, you should be knowledgable, but not let any of it drive your actions too much. It can be pretty hairy, handing over your hard-earned dosh to someone else to look after, but we do live in a developed part of the world with various protections in place. You must exercise caution and do your research, and then, to a certain extent, trust the system to look after you, as it has for countless people before you. If you're concerned about anything - either email me or leave a comment below.
In any sphere of life, there are things which are big news one day, then fade away the next, and then there are the timeless things which stand the test of time. This follows in personal finance too, and today I'll be looking at some financial fads and fashions, as well as some timeless truths for those looking to increase their wealth. Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk In this session: There is so much marketing in personal finance, and so many conflicting voices telling you what you need to know and what you need to do, ahem, that it can be hard to know what is true and permanent. You want to avoid these short-term financial fads and fashions, and I'm here to look at some examples and show the timeless alternatives which have stood the test of time, and crucially, how to tell the difference. In this session, you'll discover about financial fads and fashions, and: What constitutes a 'hot' investment and why they come and go We we often fall for these marketing messages The difference between a legitimate tax-saving scheme, and one which will be scrutinised by HMRC My pet-hate funds of the moment and why they're not delivering on their promises The two common-sense rules of thumb which will help you avoid being taken in Why it is essential that you know what you're really invested in You are responsible for your own wealth. You might hire an adviser - a good idea - to help you make big decisions, but it's your money at the end of the day and you have to take ownership. Do your homework and take you time with all decisions. If you're concerned about anything - either email me or leave a comment below. Join the conversation I love to read and respond to your comments, so please do join in and share. Question: Have you invested in any of the fads and fashions I talk about this week?
It's a New Year, a time for taking stock, planning ahead and getting motivated. Today I have eight questions for you to ask yourself at the head of the year. Questions to help you focus you attention on your financial health this year. Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk In this session: Back in New Year 2014 (when I had also just moved house, co-incidentally) I did a session on goal setting. Obviously it is the time of year to do sessions like that, and that session is worth going back over, but this year I want to do something a little different and give you some questions to ask yourself to get you thinking about what you want to achieve this year and how you might go about it. Here are the eight questions: What is going to be important to me this year? How am I going to prioritise these things each day/week/month? What was important to me last year, and did I succeed in prioritising these things? What can I learn from 2015 that I can apply in 2016? What are my financial goals right now? Can I stretch these goals more than I already am? How can I earn more money in 2016? How can I give more in 2016? So, just a few questions to start the year off in the right frame of mind and to set yourself on a track to financial success and abundance this year. I'd love to know how you have answered these for yourselves, so do leave a comment below: ***A full transcript will be available shortly - check back soon (Out of routine for the New Year, sorry!)*** Resources mentioned in this show Podcast: Session 42 - New Year Goals: Set them and stick to them Podcast: Session 137 - Making More Money Join the conversation I love to read and respond to your comments, so please do join in and share. Question: How have you answered these questions for yourself? What have you decided as a result?
For the month of November I conducted a survey of you, my excellent listeners and readers, to find out more about you and about how I can serve you better. In this week's show, I'm going to take a look at those results and let you know what they mean for this show and the site in 2016. Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk In this session: OK. The survey took on average two and a half minutes to complete, so you may wonder just how much information I can glean from such a short survey. But, I have been reading, folks. And those questions were very carefully chosen for maximum effect, so let's look at the stuff I got to KNOW about you, my lovely audience, and then we'll look at what I'm going to DO with that information. In this session, you'll discover: The age range of my listeners How much you're worth!! Where in the world you are based Your employment status The stage in your financial lives that most of you are at right now What I plan to do with the MeaningfulMoney content next year The courses I'm aiming to produce BIG news for would-be investors Resources mentioned in this show Course: Learn How To Budget on Udemy Register your interest: Learn How To Invest Join the conversation I love to read and respond to your comments, so please do join in and share. Question: What do you want to read/hear/learn about in 2016. Let me know and I'll do my best to cover it! Share the love Hugs and kisses to JackNassisBaby, Steege77 and ap_in_dc for their reviews this week - much appreciated folks! If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
This week, I answer a listener question about preparing for self-employment. You may also recall the session from a couple of weeks ago about adding a sideline income - this week's show will help with that too… Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk In this session: Regular listener Andy wants to know what he might need to put in place before going self employed, particularly bearing in mind that he may not be able to draw a regular monthly income at least in the early stages of his business. In this session, you'll discover: The easiest thing to forget when you're preparing for self-employment The one thing you'll need to to do to survive as a self-employed person Why it might be best to start with some money behind you One big decision which will dictate your tax situation Why it is so important to keep good records form the start Some things you should be sure of if you're working from home The insurance you should think about What you need to know about pensions, and... Why you need to register with NICO. Resources mentioned in this show Book: Emyth Revisited - Michael Gerber Accounting software: FreeAgent Accounting software: Xero Podcast: Auto-enrolment Website: Gov.uk - registering as self-employed Join the conversation I love to read and respond to your comments, so please do join in and share. Question: Are you preparing for self-employment? If so, what steps have you taken? Share the love No reviews this week due to recording a couple of shows in quick succession. If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
If you have more than one end goal for your investing, it can confuse your plans a little. Should you have separate investment pots for each goal? Different portfolio risk strategies? How to go about setting multiple goals is a question I was asked by one of the respondents to my 2015 listener survey, so I thought I'd strike while the proverbial iron is hot, and answer this one right away… Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk In this session you will discover: Which variables you should bear in mind and which you should ignore when setting goals Why it's important only to think in today's money Why overthinking your goals setting is counterproductive How to separate long term from short term goals Which tax wrappers will best serve what kinds of goals How to build the underlying portfolio including asset allocation suggestions The one thing you shouldn't do when working to achieve your goals Resources mentioned in this show Podcast: Session 111 - Setting Targets Podcast: Session 106 - Risk & Returns MeaningfulMoney 2015 Survey Finally, I have put together a cheatsheet which gives you an idea about the kinds of asset allocations you can use for different risk profiles and different timescales. Join the conversation I love to read and respond to your comments, so please do join in and share. Question: How have you managed different goals and timescales? What have you learned in the process? Share the love My thanks to AussieBoyUK and Simon Poulter for their reviews this week! If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
State Pensions are changing. Again. In this podcast I'll cover all you need to know about the State Pension changes in 2016, and show you how to make sure you have maximised your entitlement to this important state benefit… Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk In this session you will discover: What the new State Pension will look like in 2016 The impact National Insurance contributions has on the your pension entitlement Why "contracting out" will reduce the pension you get one day How to get a State Pension forecast How to top-up in the special window of opportunity between now and April 2017 How to buy extra qualifying years through voluntary NI contributions How to consider the State Pension Changes in 2016 in the context of your wider retirement planning I realise that this subject will only be immediately relevant to a smallish proportion of my listeners, but it's impossible to have every episode serve everyone listening. If this does affect you and you have any questions, then do let me know. Otherwise, remember that retirement is a very, very long holiday with lots and lots of free time to fill. That'll cost you, so you need to get things in place to enjoy it to the full. Join the conversation I love to read and respond to your comments, so please do join in and share. Question: Are you affected by the State Pension changes in 2016? If so, how? And what are you doing about it? Share the love My thanks to MonsoonGold for her review this week! If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
New rules governing pension death benefits which came into force in April 2015 have led to a large number of enquiries from people in deferred final salary pensions looking to transfer their benefits elsewhere. But final salary, or defined benefit pensions are considered the gold standard of retirement planning, so why would these people want to transfer out, and are they crazy even to consider it? In today's show we'll look at all the ins and outs of this very thorny issue. This is an important one… Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk In this session you will discover: Why the new pensions freedoms rules have led to lots of enquiries about transferring final salary pensions The reasons people are giving for exploring transferring out The mechanics of how transfers work The factors you should consider if you're thinking about doing this What the risks are in transferring out your defined benefit scheme The essential steps you should take before proceeding The ultimate reason for NOT proceeding with a final salary scheme transfer After listening to this session, you may get the impression that I'm absolutely not in favour of transferring DB schemes. That's not true, but for the vast majority of people the guarantees of DB schemes are worth their weight in gold and when compared to the many risks involved in transferring, 999 out of 1000 schemes will be best left where they are. Please think very carefully about making the decisions to transfer and do seek competent advice. Join the conversation I love to read and respond to your comments, so please do join in and share. Question: Are you looking into transferring your final salary pension scheme? If so, what are your reasons? Share the love My thanks to AmyInMorden for her review this week! If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:
For years now I've been preaching here that money management is simple, and I do hold to that. But, while it may be simple, that doesn't mean it is EASY. Financial success takes time, sometimes a long time, and it can be difficult to keep the faith and stick to it for a long time. In today's show, we're going to talk about how to keep going when the voice in your head when they tell you to quit… Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk In this session you will discover: How goals keep you focused The best way to stay excited about your future plans That sometimes it's OK to go easy on yourself Why you should talk to yourself, not listen to yourself A great strategy for drowning out the negative inner voice One key practice for staying on track Inspiration is just as important as financial knowledge. I hope to bring some more inspiring stories to you over the coming weeks. There's a wealth of information here, and I'll keep going with that too, don't worry. But I want this show to become more rounded as it matures. Always interested to hear what you think of that, so do let me know in the comments. Resources mentioned in this show MeaningfulMoney Goal- setting podcast: Session 42 MeaningfulMoney Mid-year goals update podcast: Session 68 Daily practice: Five Minute Journal Podcast: The Property Podcast Podcast: Money To The Masses Podcast: The Informed Choice Podcast MeaningfulMoney Podcast: The Power of Cashflow with J. Massey MeaningfulMoney Podcast: Session 107, Budget to win with Martin O Book: Getting Things Done MeaningfulMoney Podcast: Session 46 - How to organise financial paperwork Join the conversation I love to read and respond to your comments, so please do join in and share. Question: What resources do you use to keep on track when times are tough?
Today's guest is a financial powerhouse who has transformed his life and that fortunes of his family through embracing the teachings of Robert Kiyosaki, the author of the seminal work, Rich Dad, Poor Dad. In this interview, we get an insight into the mind of J. Massey and into the power of Cashflow… Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk In this session you will discover: How J. created significant wealth in a short period of time using property investment J's strategy for creating wealth using other people's money His three fundamental lessons he has learned through his investing career ...and three things he suggests we avoid at all costs What J. would say to his 20 year-old self How J's investing also helps him fulfil his big-picture life aims J. Massey is an inspiring guy. You can find out a lot more about him at the links below, but I definitely will be checking out the Cashflow board game, which looks really interesting; I'll try it out on my kids and get back to you! I'll also be re-reading the Rich Dad Poor Dad book that started it all. As always, a full transcript is available by clicking the mahoosive blue button below: [Insert Leadbox script here] Resources mentioned in this show Website: cashflowdiary.com Podcast: Cashflow Diary Book: Rich Dad, Poor Dad Join the conversation I love to read and respond to your comments, so please do join in and share. Question: Have you read Rich Dad, Poor Dad? If so, what did you learn? Share the love My thanks to £ Greggor £ for his review this week! If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe.
The mortgage application process got more difficult last year, and right now, I'm experiencing this first hand. Today I talk to leading mortgage broker Andrew Montlake of Coreco, and he's going to tell us what we need to KNOW, and what we need to DO when applying for a mortgage. Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk In this session you will discover: What the mortgage application process involves How the Mortgage Market Review has made applying for a mortgage more difficult Why affordability is a bigger deal than income multiples when working out how much you can borrow How to make your life easier when applying for a mortgage The advantages of using a mortgage broker over going direct Since recording this session, my mortgage has been agreed, thankfully! But the whole mortgage application process has really got me thinking and I'll be putting together a blog post about it very soon. in the meantime, there is tons of value in this conversation with Monty - enjoy!
Peer to peer lending is one of those things in life while there have been versions of it around for years, its popularity has exploded thanks to the internet. I am getting more and more enquiries and comments about it, so I thought we'd have a good look at it today. Podcast: Subscribe in iTunes | Play in new window | Download Sponsor Message This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I'm doing, trying to get decent, easy-to-understand financial information out to the world. I'm very grateful to them for their support. You can see what they're up to at 7im.co.uk In this session you will discover: How P2P lending works and how it is raining on the banks' parade The benefits and limitations of P2P The big news which will catapult P2P into the mainstream How you should move forward with incorporating P2P into your portfolio The considerations you should bear in mind when determining how much to invest
Greece and China have been taking up a lot of column inches in recent weeks and months, but what is really going on? As ever, I turn to the nation's favourite markets commentator, and good friend of the show, Mr Justin Urquhart Stewart of Seven Investment Management. As ever Justin, does a sterling job talking us through the important issues, including Greece and China. You can catch much more of Justin on the 7IM website, and in particular, their 7IM TV page is good for checking out their views on the world economy and what it all means for investors. My thanks to Justin once again for coming on the show.
© 2020-2025 Ivy Podcast Discovery LLC
