British fund manager
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In this episode, Harshinii and I talk about weakening UK business confidence and Neil Woodford's intriguing new venture...
Some of our conversations are deliberately different, and the man I interview here has cost me a lot of money! I also consider him a friend and somebody whose perspective I have valued. It could be said that Neil Woodford, CBE, has had a career of two halves, the first of which encompassed extraordinary investment success at Invesco Perpetual and then at Woodford Investment Management (2014-2019). At its peak, Woodford's business managed £15bn and was backed by Hargreaves Lansdowne and St. James's Place. Its clients included Kent County Council's pension fund, a range of wealth management firms and 300,000+ retail investors. Yet in 2019 the fund was suspended and then liquidated, following a shift in asset allocation from blue-chip public equities to illiquid, unlisted companies (he denies this was the cause of the collapse in this discussion). In the run up to the collapse, he experienced approximately £7bn of outflows. Using an investment lens, here we try to examine and understand what went right, what went wrong and now what may lie ahead. Neil remains under investigation by the UK Financial Conduct Authority at the time of this interview (March 2025). The Money Maze Podcast is kindly sponsored by Schroders, World Gold Council, LSEG and IFM Investors. Sign up to our Newsletter | Follow us on LinkedIn | Watch on YouTube
This week on the Financial Planner Life Podcast, Chris Ball hosts a long-form, unedited conversation with Neil Woodford—one of the most talked-about figures in UK financial services.Neil's career has been one of immense ambition, remarkable success, and intense scrutiny. From humble beginnings sleeping on his brother's floor to managing billions of pounds at Invesco Perpetual, Neil's story takes us through his rise to the top of fund management, his role in creating some of the UK's most successful funds, and the collapse of his own fund—a moment that left many investors facing significant losses.This episode doesn't shy away from the pain and fallout of those events. But it also raises bigger questions:❓ What is truth, and what is lies?❓ How far can media scrutiny go before it crosses a line?❓ When does accountability turn into cruelty?Neil reflects on the immense pressures he faced, the toll it took on his mental health and personal life, and the role the media played in shaping public perception. But this is more than a look back—it's also about the future. Neil shares what he's doing now, the lessons he's learned, and his plans to rebuild and contribute to the financial services industry.This episode offers a balanced, in-depth look at Neil's extraordinary career, without overlooking the pain experienced by investors, or the challenges of being in the public eye.One thing for sure is, Neil has had an interesting career story.Begin your financial planning career journey todayWhether you are looking to become a paraplanner, administrator, mortgage and protection adviser or financial planner, the Financial Planner Life Academy is for you. With limited entry-level job roles, giving yourself the best financial planning career education, will not only kick start your financial planning journey with relevant qualifications and skills, but it'll also help you achieve success much faster.&nbsBe sure to follow financial planner life on YouTube for extra content about a career within Financial Planning HIT THAT SUBSCRIBE BUTTON! If you're looking to start your career in Financial Planning, check out the Financial Planner Life Academy hereReach out to Sam@financialplannerlife.com in regards to sponsorship, partnerships, videography or career development.
Once hailed as Britain's most successful fund manager, Neil Woodford opens up about the controversial collapse of his investment empire and the events that rocked the financial world. He reveals the untold truth behind the headlines, addressing the accusations, the challenges, and the lessons learnt. Was he the villain the media painted him to be - or a victim of a flawed system? This is the story no one has heard before, straight from the man himself. Tune in for a raw and revealing conversation that will change the way you see one of Britain's biggest financial controversies. 00:03:48 Neil's journey and rise to success as a fund manager 00:08:45 Unpacking what went wrong 00:16:58 Neil's emotions during that time 00:24:05 Insights into the role of regulators 00:27:30 A timeline of the fund suspension 00:43:14 Liquidating the portfolio 00:49:27 The FCA's response and its implications 00:53:45 Neil's emotional well-being 00:56:44 The compensation investors received 01:02:03 Why Neil believes he was targeted by the media 01:07:47 The latest on Neil's ongoing interactions with the FCA 01:10:37 Neil's message to those following his story 01:23:15 Neil shares his perspectives on the current economy Show Sponsor: Allsopp & Allsopp: Redefining real estate, through cutting-edge technology and setting new standards for seamless, elevated customer experience. Keep moving with Allsopp & Allsopp.https://bit.ly/Allsopp-and-Allsopp Follow Spencer Lodge on Social Media:https://www.instagram.com/spencer.lodge/?hl=en https://www.tiktok.com/@spencer.lodge https://www.linkedin.com/in/spencerlodge/ https://www.youtube.com/c/SpencerLodgeTV https://www.facebook.com/spencerlodgeofficial/
Compliance Clarified – a podcast by Thomson Reuters Regulatory Intelligence
In this episode, Lindsey Rogerson and Rachel Wolcott, senior editors for Regulatory Intelligence in EMEA discuss the UK Financial Conduct Authority's (FCA) approach to Freedom of Information Act (FOIA) compliance.In the UK, most public bodies are subject to FOIA. That means members of the public can request information held by public authorities or by persons providing services to them. That includes the FCA, the Prudential Regulation Authority and the Bank of England. Lindsey and Rachel discuss the importance of using FOIA in their work to uncover information that helps readers and listeners better understand how the regulators work. They talk through several examples of information they've been able to request, including about whistleblowing, enforcement statistics, as well as bullying and harassment allegations made by FCA employees. Recently, however, many of their FOIA requests have been met with resistance from the regulator. Lindsey and Rachel talk about how they appealed the FCA's use of FOIA exemptions —and won. The process brought valuable insights into how the regulator manages FOIA compliance. LINKS FCA response to FOI on guidance for supervisors investigation allegations made by whistleblowers after ICO intervention June 2024: https://www.whatdotheyknow.com/request/protocol_for_supervisors_when_in/response/2684994/attach/4/FOI10712%20Amended%20Response%2020240619.pdf?cookie_passthrough=1 Redacted FCA document: Supervision: Whistleblowing ‘How to Guide' for SPC & Authorisation Divisions: https://www.whatdotheyknow.com/request/protocol_for_supervisors_when_in/response/2684994/attach/5/Annex%20A.pdf?cookie_passthrough=1 Article: FCA report shows "host" ACD compliance has not improved in a decade, s 166s imposed: https://word-edit.officeapps.live.com/we/FCA%20report%20shows%20%22host%22%20ACD%20compliance%20has%20not%20improved%20in%20a%20decade,%20s%20166s%20imposed Article on: UK FCA is still assessing more than 1,100 whistleblower reports from 2023/24: https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fgo-ri.tr.com%2FO3tB1r&data=05%7C02%7Crachel.wolcott%40thomsonreuters.com%7Cba01669a1154474d690a08dcd2715851%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C638616631473549097%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=DODZq3z11tZ%2FDZsQvMvYSJWDHOs4gJi7eVZRLslaqGA%3D&reserved=0 H2O decision notice: https://www.fca.org.uk/publication/final-notices/h2o-am-llp-2024.pdf FCA warning notice on Woodford Investment Management Ltd and Neil Woodford: https://www.fca.org.uk/publication/warning-notices/warning-notice-statement-24-3.pdf First Tier Tribunal decision in Paul Carlier v ICO: https://www.bailii.org/uk/cases/UKFTT/GRC/2024/257.htmlArticle on FOIA request about MiFID II recordkeeping investigations: https://www.linkedin.com/posts/rachelwolcott_mifid-enforcement-action-activity-7199352605670555649-BLwt/?utm_source=share&utm_medium=member_desktopArticle: FCA to merge FOIA, personal data disclosure unit into comms team: https://www.linkedin.com/posts/rachelwolcott_fca-to-merge-idt-fully-with-communications-activity-7163815206140239873-HFex/?utm_source=share&utm_medium=member_desktopUK FCA's FoIA request reputational risk assessments, guidelines for journalists' requests are inappropriate –expert (paywall): http://go-ri.tr.com/xqNUHXMeta FOIAsFOI6522, FOI9427, FOI9980 (scroll to the bottom for links. For two of them you may need to request access from the FCA) FCA's response to Lindsey and Rachel's questions: Is the FCA's approach to FOIA and DPA in line with its stated values of acting with integrity and delivering in the public interest? "Yes" Does the FCA still circulate FOI responses to large number of staff in the CEO's office and the COO for comments and sign off? "As we mentioned in our last response to you in March, our approach is in line with ICO guidance and the law." What are the latest IDT performance statistics? "Over the last 12 months from September 2023 to August 2024 (inclusive), we responded to 92% of FOIA requests and 98% of DSARs within the statutory deadline." Has the ICO asked the FCA to perform any remedial work on IDT? Has ICO advised/queried the FCA about safeguards for FOIA and DPA in the new combined IDT/press office arrangements? "No. When we answered your questions in March, we explained that it had been our intention that the information disclosure team would move to a different department within the communications directorate as part of a planned restructure later this year. That move has now happened." Has the FCA stopped internal circulation of lists of new FOIA requests with names of requestors? If not why not?"We continue to circulate the details of new requests, which generally include the names of the requesters, to a limited number of internal stakeholders. We are satisfied that our internal processes are appropriate and lawful, including that our processes are compliant with FOIA and data protection legislation." What further steps has the FCA taken to train IDT/comms staff about using FOIA exemptions?"All IDT staff and internal reviewers have received formal training on the application of the FOI Act and many members of the team are qualified FOIA practitioners. In addition, IDT works closely with our legal division, which provides expert guidance in the interpretation of the most complex aspects of the Act." Has the FCA reviewed its approach to labelling FOIA requests as vexatious following the First-Tier Tribunal case Paul Carlier v Information Commissioner and the FCA? If yes, how? "The FCA continues to consider each request on a case by case basis, in line with the requirements of relevant legislation, ICO guidance and case law. In this case, the ICO agreed with our view the requests were vexatious. The Tribunal, however, decided 'by a narrow margin' they were not, a conclusion it reached 'with some hesitation.' We have therefore been happy to reconsider the requests." From the evidence we have reviewed the FCA's approach to FOIAs and DPAs seemed to be top-down with many senior executives signing off requests and even correcting grammar errors. We are also aware from our own FOIs that there is often months-long delays in responding to requests and appeals. Given this, what is the FCA doing to ensure a more efficient process in line with the legislation? "We have improved our performance on the statutory deadlines for FOIAs and DSARs over the last year. We recognise that we need to do more to improve our performance in processing FOIA Internal Reviews and DSAR complaints. We are currently considering how the existing process can be streamlined to improve its efficiency. Our internal processes are focused on ensuring a clear and quality response, not preventing disclosure which is determined by the law."FOI6522: https://www.whatdotheyknow.com/request/foi6522_request_for_further_info#incoming-2714347FOI9427: https://www.whatdotheyknow.com/request/foi9427_request_for_information#incoming-2713882FOI9980: https://www.whatdotheyknow.com/request/foi_9980_request_for_information#incoming-2711477 Compliance Clarified is a podcast from Thomson Reuters Regulatory Intelligence.Listen to wide-ranging, insightful discussions on all things compliance for financial services firms. We delve into the hot topics of the day, the challenges faced and offer up practical ideas for emerging good practice. We de-mystify regulation and explore the art, as well as the science, of the ever-expanding role of the compliance officer. Enforcements, digital transformation, regulatory change, governance, culture, conduct risk – anything and everything impacting the compliance function is up for discussion.
Bienvenidos a Salud Financiera. Un programa en directo diario dónde puedes aprender y preguntar sobre finanzas personales y mercados financieros. Disfruta de sus secciones y atrévete a preguntar lo que siempre has querido saber de forma gratuita. En este episodio #70 hablamos sobre el ciclo del Petróleo de principios del año 2000Debatiremos acerca de la biografía de Neil Woodford y nos preguntan acerca del Trea Cajamar En la sección del curso de bolsa diario hablaremos sobre el Free Cash Flow to the EquityNo te pierdas nada de nuestra comunidad: https://linktr.ee/misaludfinancieraCURSO de Inversión en ETFs ya Disponible: https://go.hotmart.com/U91482169Y
In this episode of Monday Night Live, Derek Arden interviews Justin Urquhart-Stewart. Here's a summary of their conversation: Justin Urquhart-Stewart, a BBC guru and international speaker, joins Derek Arden on the podcast to discuss the current economic landscape. They acknowledge the confusion in the world in 2024, likening it to a Clive Cussler novel that is both exciting and frightening. Despite various global challenges, including COVID-19, banking crises, and inflation issues, the global economy has shown resilience and continues to grow. The discussion highlights the importance of companies demonstrating transparency and responsible practices in the face of environmental, sustainable, and governance (ESG) concerns. Justin criticizes certain investment companies in Britain for their lack of trustworthiness and unethical practices, emphasizing the need for responsible stewardship of people's investments. They discuss the case of Neil Woodford, a UK fund manager who faced issues with his equity income fund and the consequences of his actions on investors. The conversation touches on the short-term focus in private equity and stockbroking and the need for a shift toward long-term investments. Justin emphasizes the importance of trust in the financial industry and how it takes time to build a reputation for consistently making the right decisions. The discussion delves into various political issues, including the state of leadership in the UK, Brexit, and the impact of politicians on the economy. They also touch on the role of artificial intelligence (AI) and the potential risks associated with AI-generated content and papers. Justin expresses concerns about global conflicts and their impact on the economy, ghlighting the need for careful management of such situations. The discussion concludes with a reflection on the challenges facing political leaders in handling elections and the importance of finding a credible alternative. Overall, the podcast covers a wide range of economic and political topics, offering insights into the challenges and opportunities facing the global economy in 2024. Justin Urquhart-Stewart provides valuable perspectives on various issues, emphasizing the importance of responsible and long-term investment practices
Why do some people become ‘super spreaders' for fashions and ideas? Why might an acceptance letter from a top University be worth more than a degree from the same establishment? These and many more questions are answered in this episode.My guests are Behavioural Science gurus Paul Craven, Rory Sutherland and Gerald Ashley and this is Part Two of a three part series recorded at the world-famous Abbey Road Studios. Before listening to it, I highly recommend listening to Part One, which you'll find here.
Podcast: TRAP: The Real Adviser Podcast (LS 43 · TOP 1.5% what is this?)Episode: 18 - Critical Non-EssentialsPub date: 2023-04-28In this latest pile of TRAP, the Trap Pack discussThree glowing reviews of the podcast, read by Andy in his inimitable styleTopical issues, including the possible return of annuities; Colin Lawson's fresh approach to realising business capital; resolution of the Neil Woodford fiasco; Irish Life causing ripplesMeat and Potatoes: Critical Non-Essentials: refining the client experienceQuestions posted by our beloved Anon (!) and David MilneCulture CornerLinks referred to in the show:Colin Lawson The Elegant ExitBuilt on a Lie: The Rise and Fall of Neil Woodford and the Fate of Middle England's Money Hardcover – 4 Mar. 2021Critical Non-EssentialsAlex Hormozi book - $100m offers $100M Offers: How To Make Offers So Good People Feel Stupid Saying No: Amazon.co.ukPodcast The Bank of Dave Fighting Against the Elite - David Fishwick Tells His Story The Bank of Dave Fighting Against the Elite - David Fishwick Tells His StoryHow to Invest David M. Rubenstein How to Invest David M. Rubenstein UK RPI Charts: UK Retail Price Index (I:UKRPI)FT Adviser Podcast pushing annuities: https://pca.st/te9yp8ylNeil Woodford payout over suing: Taking Woodford payout ‘will mean you cannot sue'All In Pod featuring Space X launch https://podcasts.apple.com/ie/podcast/e125-spacex-launch-fox-news-settlement-zombie-corn/id1502871393?i=1000610141959Irish Life launch Unio Irish Life owner launches new wealth management advisory firm - Independent.ieStephanie Bogan on delivering a Michelin Star client meeting https://www.linkedin.com/pulse/deliver-michelin-star-client-experience-four-steps-stephanie-bogan/Horst Schulze on Twitter https://twitter.com/horstschulze?s=20Nick's Ten Minute Loom Tech Masterclass: Take part in the conversation! We want YOU to suggest topics and questions you'd like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast. The podcast and artwork embedded on this page are from Alan Smith; Andy Hart; Carl Widger; Nick Lincoln, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: TRAP: The Real Adviser Podcast (LS 44 · TOP 1% what is this?)Episode: 18 - Critical Non-EssentialsPub date: 2023-04-28In this latest pile of TRAP, the Trap Pack discussThree glowing reviews of the podcast, read by Andy in his inimitable styleTopical issues, including the possible return of annuities; Colin Lawson's fresh approach to realising business capital; resolution of the Neil Woodford fiasco; Irish Life causing ripplesMeat and Potatoes: Critical Non-Essentials: refining the client experienceQuestions posted by our beloved Anon (!) and David MilneCulture CornerLinks referred to in the show:Colin Lawson The Elegant ExitBuilt on a Lie: The Rise and Fall of Neil Woodford and the Fate of Middle England's Money Hardcover – 4 Mar. 2021Critical Non-EssentialsAlex Hormozi book - $100m offers $100M Offers: How To Make Offers So Good People Feel Stupid Saying No: Amazon.co.ukPodcast The Bank of Dave Fighting Against the Elite - David Fishwick Tells His Story The Bank of Dave Fighting Against the Elite - David Fishwick Tells His StoryHow to Invest David M. Rubenstein How to Invest David M. Rubenstein UK RPI Charts: UK Retail Price Index (I:UKRPI)FT Adviser Podcast pushing annuities: https://pca.st/te9yp8ylNeil Woodford payout over suing: Taking Woodford payout ‘will mean you cannot sue'All In Pod featuring Space X launch https://podcasts.apple.com/ie/podcast/e125-spacex-launch-fox-news-settlement-zombie-corn/id1502871393?i=1000610141959Irish Life launch Unio Irish Life owner launches new wealth management advisory firm - Independent.ieStephanie Bogan on delivering a Michelin Star client meeting https://www.linkedin.com/pulse/deliver-michelin-star-client-experience-four-steps-stephanie-bogan/Horst Schulze on Twitter https://twitter.com/horstschulze?s=20Nick's Ten Minute Loom Tech Masterclass: Take part in the conversation! We want YOU to suggest topics and questions you'd like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast. The podcast and artwork embedded on this page are from Alan Smith; Andy Hart; Carl Widger; Nick Lincoln, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
In this latest pile of TRAP, the Trap Pack discussThree glowing reviews of the podcast, read by Andy in his inimitable styleTopical issues, including the possible return of annuities; Colin Lawson's fresh approach to realising business capital; resolution of the Neil Woodford fiasco; Irish Life causing ripplesMeat and Potatoes: Critical Non-Essentials: refining the client experienceQuestions posted by our beloved Anon (!) and David MilneCulture CornerLinks referred to in the show:Colin Lawson The Elegant ExitBuilt on a Lie: The Rise and Fall of Neil Woodford and the Fate of Middle England's Money Hardcover – 4 Mar. 2021Critical Non-EssentialsAlex Hormozi book - $100m offers $100M Offers: How To Make Offers So Good People Feel Stupid Saying No: Amazon.co.ukPodcast The Bank of Dave Fighting Against the Elite - David Fishwick Tells His Story The Bank of Dave Fighting Against the Elite - David Fishwick Tells His StoryHow to Invest David M. Rubenstein How to Invest David M. Rubenstein UK RPI Charts: UK Retail Price Index (I:UKRPI)FT Adviser Podcast pushing annuities: https://pca.st/te9yp8ylNeil Woodford payout over suing: Taking Woodford payout ‘will mean you cannot sue'All In Pod featuring Space X launch https://podcasts.apple.com/ie/podcast/e125-spacex-launch-fox-news-settlement-zombie-corn/id1502871393?i=1000610141959Irish Life launch Unio Irish Life owner launches new wealth management advisory firm - Independent.ieStephanie Bogan on delivering a Michelin Star client meeting https://www.linkedin.com/pulse/deliver-michelin-star-client-experience-four-steps-stephanie-bogan/Horst Schulze on Twitter https://twitter.com/horstschulze?s=20Nick's Ten Minute Loom Tech Masterclass: Take part in the conversation! We want YOU to suggest topics and questions you'd like the Trap Pack to answer. The best way to do this is to ask them here. Help us to help you! The more followers we have, the more we can do stuff going forward. So please: Subscribe and Like our YouTube Channel Leave a 6/5 star review on iTunes Share TRAP with your peers and colleagues 'Enjoy' the Twitter chat at @AdviserPodcast.
- UK consumer confidence highest since Feb 2022 as 'green shoots' emerge - Compensation plan for Neil Woodford investors revealed - UK sandwich chain Pret A Manger to launch in India 3 of 5 business stories featured in today's 90 second podcast
Beyond any stretch of rational thinking, one of Freddy's business ideas from 2022 still seems to be alive and kicking. With his fresh new swag, Carson lends his support to a reimagined Poober and tries to attract SoftBank's interest with one of the largest TAMs in the market today. Brendan Schlong probably has some regrets about his dust up with Muddy Waters on his Pantheon Resources bet, but he's not to be outdone by the Sheep of Wall Street, the apparent heir to Neil Woodford's ‘contra' throne. Carson is back on his soap box about the latest episode of ‘Fed Kardashians,' but finds solace that someone finally took a stand with a porn zoom bomb of Fed Governor Christopher Waller's virtual event. For anyone looking for a job at MWC, please list your disabilities as it'll surely help the firm with its woke ESG initiatives.
Neil Woodford was the fund manager who seemed to have it all. Hailed as the genius who "made Middle England rich", he ran one of the UK's best performing investment funds for decades. And then in a few hubristic years, after sticking his own name above the door, he raised an insane amount of cash, made some risky bets and lost the lot. Neil and Jonathan talk to David Ricketts, author of a book on Woodford, about his fall, the reasons for it, and what we've learned.Presented by Jonathan Ford and Neil Collins.With David Ricketts.Produced and edited by Nick Hilton for Podot. Hosted on Acast. See acast.com/privacy for more information.
In a special, final Funds Fan podcast, Kyle Caldwell and Sam Benstead discuss their top 10 tips for investing in funds. These include the active versus passive debate, the dangers of chasing the best-performing funds, and why understanding what you invest in is essential. The duo also discuss the lessons from the Neil Woodford collapse and why keeping costs down is key. Later on in the podcast, Sam interviews Ewan Markson-Brown, manager of the Crux Asia ex-Japan fund. Ewan joined boutique Crux a year ago from Baillie Gifford, where he managed the top-performing Baillie Gifford Pacific fund and Pacific Horizon investment trust. He talks about the benefits of leaving a big fund group for a small one, and why most investors misunderstand political risk when investing in China. Visit www.ii.co.uk/funds and www.ii.co.uk/stock-market-news for more investing insight and ideas. Follow us on social media: Twitter: twitter.com/ii_couk Facebook: www.facebook.com/weareii LinkedIn: www.linkedin.com/company/interactive-investor Instagram: www.instagram.com/interactive_investor Risk warning: This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.
This week, let's talk about Cathie Wood and The Ark Invest Disruptive Innovation Fund to see if there is anything we can learn from the rise and fall of ARKK? What mistakes do investors make when selecting funds to invest in.Jack Schwager - Market Sense & Nonsense: https://amzn.to/3SKBRgt Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https://amzn.to/3cjsyPFCorporate Finance: https://amzn.to/3fn3rvC Patreon Page: https://www.patreon.com/PatrickBoyleOnFinanceVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoylePatrick Boyle YouTube Channel Support the show
Neil Woodford is Britain's best-known fund manager. For many years his track record was very impressive. He was lauded in the media. He was even referred to by the BBC as "the man who can't stop making money.” But then things began to go wrong and, three years ago, the wheels came off in spectacular fashion, when his flagship Equity Income fund was suspended. The industry, of course, as the industry usually does, did really rather well out of it. Woodford Equity Income was Britain's biggest fund launch. The fund earned a fortune for Woodford himself and for the many brokers and platforms who helped to promote it. The outcome for investors, however, was rather different. More than 300,000 people — many of them near, or already in, retirement — lost more than £1 billion between them in one of the biggest financial scandals of modern times. Robin Powell's guests on this episode are two highly respected journalists who have each written a book on the Woodford saga — Owen Walker and David Ricketts.
Mixed signals are coming from the US labour market. While employment figures grew more than expected in May, the tech sector has started to step on the brakes in fear of a recession. Tesla's CEO Elon Musk has warned that the electric carmaker needs to cut about 10% of its staff, saying he has a "super bad feeling" about the economy. We ask Chris Low, financial analyst at FHN Financial what this means for the economy. It's been 100 days since the start of the war in Ukraine, and African nations among the countries that are suffering the most from food shortages and rising prices. The head of the African Union, Macky Sall, has been in Russia to urge President Vladimir Putin to facilitate the export of Ukrainian cereals. The BBC's correspondent in Nigeria Ishaq Khalid has been following the meeting. Turkey has seen inflation rise to more than 73%, the fastest rate in 24 years. The decreasing value of the Turkish currency, the lira, and an unorthodox economic policy is fuelling price increases, according to experts. We hear more from Erinc Yeldan, a professor of Economics at Kadir Has University in Istanbul. The UK is marking the Platinum Jubilee of Queen Elizabeth II with a four day weekend. We talk from royal fans in the streets of London and guests from other countries in the Commonwealth about the celebrations there. Memorial Day in the US this week marked the end of the official Broadway season. It was the first with in-person shows since the pandemic. We hear a special report from our US partners Marketplace. A lawsuit was lodged at the High Court in London on Friday seeking to recoup millions of pounds lost when a fund managed by the former star stock-picker, Neil Woodford, collapsed. Daniel Kerrigan, one of the lawyers bringing the case, explains why the litigation doesn't target Woodford himself. Vivienne Nunis is joined by David Kuo, co-founder of The Smart Investor in Singapore, and Stephanie Hare, researcher of technology and politics in London.
Welcome to this brand new investing podcast from the London South East. My name is Peter Higgins, you can find me on Twitter @conkers3 and I will be your host for this series of Investing Matters podcasts. What can you expect from the Investing Matters podcasts? A great question. You will find long form interviews with noteworthy veterans and experts from the investment and fund management industry. During these interviews each interviewee will share and impart their knowledge, learning and insights on what aspects of Investing truly matters to them and what in their view should matter to investors. We hope this knowledge exchange benefits all and enables all those accessing and listening to these podcasts to achieve even greater investing success. With that in mind, welcome to episode twelve of Investing Matters. It is with none other than Mark Dampier, the former Research Director at the FTSE 100 listed Investment platform Hargreaves Lansdown, which in December 2021 had 1,693,000 active clients globally. Mark held the position of head of research at Hargreaves Lansdown from 1998 until 2020. Mark has been in the financial services industry for forty years, initially as an advisor helping individual clients to invest their money. Mark went onto become one of the most quoted figures in the Fund Management industry, the author of the brilliant book, “Effective Investing: A simple way to build wealth by investing in funds”. Although now semi-retired Mark still plays a very active role within the Investment Industry via his Investment Trust Non-Executive Director roles, interviews and the regular investment articles he writes. In this Investing Matters podcast, I discuss with Mark, the importance of continual learning, investing psychology, Fund Managers, Twitter, his investment career at Hargreaves Lansdown, The Hargreaves Lansdown “Best buy list”, The Neil Woodford debacle, filtering out the best funds, Platform fees, Performance fees, Investment Trusts, Bull/Bear markets, books and much more. We hope you enjoy this podcast, and we look forward to hearing your feedback. Please subscribe to this podcast on your platform of choice and follow the @InvMattPodcast on Twitter.
This week, Laith Khalaf brings us the latest markets news, including markets bouncing on potential Ukraine peace talks and Barclays taking a £450m hit to profits. Laith and Laura Suter also crunch the numbers on how much Rishi Sunak's tax changes are actually going to cost you over the next few years. We also discuss Neil Woodford's former protégé Mark Barnett making a return to fund management, after a year out. And Laura looks at a new savings account that actually pays an interest rate above 1% – but there's a catch. Also on this episode, Dan Coatsworth has an interview about how the energy price cap and Russia/Ukraine crisis has impacted the energy industry. And finally, Laura and Tom Selby have a Lifetime ISA special, answering all of your questions about the end of the tax year.
John Chatfeild-Roberts, the fund-picking heavyweight who heads up Jupiter's £6.5bn Merlin range, discusses why he still believes in Terry Smith, personal lessons from Neil Woodford's downfall, getting the rise of passive investing wrong and the key traits he hunts for in active managers.
Disgraced fund manager Neil Woodford has been hitting the headlines again with his attempts to enter back into the industry. Last week Citywire revealed that Woodford is setting up shop in Delaware, after opening another outfit in the Cayman Islands in April. Journalists Loukia Gyftopoulou and Selin Bucak discuss some of the latest stories they have been breaking on Woodford. You can read more about the unfolding Woodford saga at citywire.co.uk/wealthmanager.
What kind of person crashes a £3.6bn business, shattering the life savings of 400,000 people? When Britain's most famous fund manager Neil Woodford went down in flames in 2019 it was a personal humiliation for a “rock star investor” that the City thought was infallible. Owen Walker, the FT's European Banking Correspondent and author of Built On A Lie: The Rise And Fall Of Neil Woodford And The Fate Of Middle England's Money tells Andrew Harrison how Woodford's arrogance lost his clients millions – and asks whether the City has learned any lessons from the debacle.“This was a guy who could get the biggest CEOs to do his bidding”“Journalists loved Woodford. They could create stories around him. And yes, they're to blame for hyping him up”“When Woodford rang up, even major CEOs would take a seat and prepare for a rollicking”Produced and presented by Andrew Harrison. Assistant producers Jelena Sofronijevic and Jacob Archbold. Music by Kenny Dickinson. Audio production by Alex Rees. THE BUNKER is a Podmasters Production See acast.com/privacy for privacy and opt-out information.
In which Nick regales The Dear Listener with an exclusive interview with someone from The North. Nick also rambles on about: Supreme Chancellor Sunak’s budget; Owen Walker’s tale of the rise and fall of Neil Woodford, “Built On A Lie”. LINKS: Interested in coming on the Coalface Catch-Up? Leave your details here. Sign up to Nick’s quarterly online “Hat-Tip” newsletter here. ========== Any comments or feedback gratefully received. Likewise with suggestions for future shows. Get in touch with Nick on Twitter or via good old email. CLICK HERE TO SIGN UP FOR NICK’S “HAT-TIP” NEWSLETTER. CLICK HERE TO LEAVE A FIVE STAR REVIEW ON iTUNES - OR ELSE. @HatTipNick info@v2vfp.co.uk www.v2vfp.co.uk
The team begin by debating the return of fallen star fund manager Neil Woodford and his apology to investors. Later, Simon Holmes, lead fund manager of the BMO Sustainable Universal MAP range, joins the podcast to discuss the three multi-asset sustainable funds that are part of our Quick-Start range for beginner investors. Visit ii.co.uk/funds and ii.co.uk/stock-market-news for more insight and ideas. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.
In this episode of Talking Money from Informed Choice Radio; fallen star fund manager Neil Woodford has issued an apology and revealed plans to return to investment management, but might have incurred the wrath of regulators in the process. We also talk about the factors driving detached house price growth into double figures in the past year, and why bereaved families are being let down by banks at an especially difficult time. Welcome to episode 10 of Talking Money, with Martin Bamford and Hannah Godfrey. In each episode of Talking Money, we take a topical look at the big money stories of the week, putting our personal spin on the news.
Since the stamp duty holiday came in last summer, there has been a property market mini-boom despite the ongoing coronavirus pandemic. Is it losing puff yet and if not, when is it going to run out of steam and will we see the tax holiday extended? The typical home added £20,000 of value in 2020 according to the Office for National Statistics, while prices of detached homes are growing far quicker than other housing stock. On this week’s podcast, Simon Lambert, Lee Boyce and Georgie Frost take a look at the latest property market data to dissect what it means. On 3 March, we will have a Budget. Will it give an indication as to how we could foot the huge bill linked to the pandemic? Will there be tax rises? And are there simple ways to protect your wealth? How many shares should you hold to diversify and is fund manager Neil Woodford really about to stage a comeback. Meanwhile, Lee gives a free wine course from Aldi a go as part of his consumer trends column – does he have what it takes to become a Master of Wine?
This week’s podcast discusses the return of Neil Woodford, the man who made a fortune for himself and investors at Invesco Perpetual before things turned sour at his solo venture Woodford Investment Management. We also talk about a big piece of work the FCA has carried out assessing people’s financial circumstances since lockdown measures were introduced, and the latest ‘retirement corner’ looks at the impact of the Government’s decision to increase the normal minimum pension age. This week’s special guest is Andy Rothman, investment strategist at asset manager Matthews Asia. Andy talks to Dan about a range of topical issues involving China including what’s happening in the country economically post-Covid, ESG considerations with Chinese companies, and whether Joe Biden can quickly repair relationships between the US and China. Presented by Tom Selby and Laith Khalaf
Mike Ingram, Former Chief Market Strategist at WH Ireland An experienced financial market professional and thought leader, with a City career spanning twenty-six years Appeared in a number of media outlets commenting on various aspects of finance, business and markets, including the BBC, ITN, Channel 4, Sky TV, CNBC, Bloomberg TV, Fox Business, Reuters and ABC. I have also been quoted in publications such as The Financial Times, The Telegraph, The Guardian, The Washington Post and the Wall Street Journal. I believe the public remains poorly served in respect of financial market commentary and that this has hampered necessary improvements in financial education. It's not that difficult to be both data-driven AND engaging. Rampant editorialising or mind-numbing boredom are NOT the only options. Specialities: Investment Analysis, Strategy & Management; Thought Leadership; Media & Broadcast, Account & Product Development; Financial Education.https://www.share-talk.com/mike-ingram-independent-market-strategist-talking-neil-woodford-bitcoin-interest-rates/
This week with Martin, the Help to Buy deadline is put back, economic pain from Covid-19 is most felt young working adults, investor Neil Woodford is back, London battles Tokyo and New York more than the EU for trading business, and there are calls for another Eat Out to Help Out scheme as the economy opens up. The Money Moment is presented with Informed Choice indepdendent financial planners of Petersfield. See omnystudio.com/listener for privacy information.
This week with Martin, the Help to Buy deadline is put back, economic pain from Covid-19 is most felt young working adults, investor Neil Woodford is back, London battles Tokyo and New York more than the EU for trading business, and there are calls for another Eat Out to Help Out scheme as the economy opens up. The Money Moment is presented with Informed Choice indepdendent financial planners of Petersfield. See omnystudio.com/listener for privacy information.
In this week’s Adviser Fit Finance Sessions podcast, Efficient Portfolio’s Financial Planners discuss the new fund being set up by Neil Woodford, Stamp Duty in the upcoming budget and Elon Musk’s investment in Bitcoin. If you've got any financial topic that you'd like to see covered, please get in touch at hello@efficientportfolio.co.uk and we will try to incorporate this into a future podcast.
It's been more than a year and-a-half since the Woodford Equity Income fund, run by the former “star” fund manager Neil Woodford, was suspended. Since then, investors in the fund, now called the LF Equity Income fund, have endured a frustrating time, with little apparent progress being made towards securing compensation for those affected. And we're still awaiting the findings of an inquiry into the affair from the UK regulator, the Financial Conduct Authority. We've been speaking to the journalist David Ricketts, who's written a new book on Woodford's spectacular fall from grace. It's called When the Fund Stops. In this interview we explore some key questions. Could Woodford's demise have been foreseen? Where exactly did he go wrong? Why wasn't more one to protect investors? Who's to blame? And will we see more Woodford-style scandals in the future?
Faith Glasgow, editor of Money Observer, and deputy editor Kyle Caldwell debate the departure of Neil Woodford protégé Mark Barnett, who has left Invesco after 24 years, and the scale of dividend cuts among investment trusts. They joined by Stuart Widdowson, manager of Odyssean Investment Trust, who discusses the market sell-off, top holdings, and investment opportunities. Finally, interactive investor’s Teodor Dilov names his fund of the week from the ii Super 60 list of investments. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.
In today’s episode Twink is joined by Stuart Alexander, Co-Founder and CEO of Gemini Investment Management as they address Fund Governance within the Investment Management industry. Although Fund Governance has always been around, it is only in the last twelve months it has become a more prevalent issue. High profile fund failures such as Neil Woodford and Peter Young, who cast a long shadow over the investment industry, are prime examples of the growing need for increased regulation and governance. Themes covered in this podcast: - The growing importance of fund governance - How Woodford changed the investment industry- The growing need for accountability across all areas of a business - The roles and responsibilities of the management committee to ensure correct governance - Marketers role within fund governance Stuart Alexander has over 30 years’ experience in the fund management industry, previously working at other large asset managers such as Invesco and Morgan Grenfell. As an experienced professional, he has successfully launched a number of businesses in the asset management industry and has overseen the growth of many of these businesses in the UK and globally. The AIM High podcast is hosted by Twink Field, CEO and Founder of White Marble Marketing and The Association of Investment Marketers (AIM). AIM creates content and resources designed specifically for marketers within the investment management world. The AIM High podcast is focused on conversations with a range of investment industry experts talking about the opportunities and challenges of financial services, the evolution and impact of products, practical investment marketing insights and personal development for careers. Welcome to the AIM High podcast, hosted by Twink Field, CEO and Founder of White Marble Marketing, for The Association of Investment Marketers (AIM). AIM creates content and resources designed specifically for marketers within the investment management world. The AIM High podcast is focused on conversations with a range of investment industry experts talking about the opportunities and challenges of financial services, the evolution and impact of products, practical investment marketing insights and personal development for careers.
It’s Brexit Day – and whether you voted leave or remain, are celebrating, or commiserating, we wish you a happy one. After 11pm on Friday 31 January 2019, Britain is officially no longer a member of the European Union. The big question is, what happens next? On this week’s podcast, Simon Lambert, Lee Boyce and Georgie Frost discuss both what Brexit means immediately for consumers and travellers, and how things may pan out for the economy and our finances over the year ahead. Where do we stand on Ehic medical cover in Europe, driving on the continent, mobile phone roaming, flight compensation and expat pensions? And what will the trade discussions on our future relationship with Europe and the rest of the world mean for the nation’s finances, businesses, inflation, the pound and interest rates? Also on this week’s podcast, the team dive much deeper into house prices than the usual survey, with a look at 174 years of property affordability and whether we can learn anything from a 70 year period when they got cheaper. They discuss Neil Woodford’s investors getting some money back and finding out how much they have lost so far and the curious case of the Lloyds customer of years who won a surprise bumper PPI payout that proved to be the ultimate loyalty penalty for being ripped off.
On this week’s show Dave Baxter looks at how much money investors trapped in Neil Woodford’s former fund are getting back. Adrian Lowcock, head of personal investing at Willis Owen, explains how best to access illiquid assets and why investors shouldn’t panic in response to market volatility triggered by events such as the corona virus. Mary McDougall, meanwhile, sets out ways to ensure that you take part in votes on your listed investments. See acast.com/privacy for privacy and opt-out information.
In our latest Funds Fan podcast, host Faith Glasgow, editor of Money Observer, is joined by Money Observer deputy editor Kyle Caldwell, Moneywise editor Rachel Rickard Straus and Liberty Godfrey, funds analyst at interactive investor. The team discuss Terry Smith’s views on Neil Woodford, solve an investor dilemma and consider the appeal of a range of model portfolios, among other things. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.
Does Woodford trump Brexit and the election, were you more concerned about the wealth gap, or do all those pale into insignificance next to the challenges of climate change? On this week’s podcast, Simon Lambert, Georgie Frost and Tanya Jefferies discuss the money stories that shaped the final year of a tumultuous decade. Fallen star fund manager Neil Woodford dominated the financial headlines after his fund was frozen at the start of June, with investors still waiting to find out how much they will get back as it is wound down. That saga was enough to push Brexit and politics out of the main headlines for a while, but they loomed large over the whole year. January triggered a period of fretting over no deal, March saw the Brexit deadline come and pass, summer saw Theresa May out the door of Number 10 Downing Street and Boris Johnson in, only for the new Prime Minister to miss his own Brexit deadline and gamble on an election that he won handsomely. Where does that take us next – and will the set of negotiations we are about to enter into with the EU, after Brexit finally happens on 31 January 2020, prove even tougher. The election also brought campaigning on wealth and inequality – and this topic has also never been far from the agenda in 2019, whether it’s the gap between rich and poor or young and old. Should we worry more about it? What is triggering the problem? How much do high house prices have to do with it? The team discuss that and the defining global issue of the year: climate change. How will countries stepping up their attempts to reduce carbon emissions shape the next decade – and does it present an investment opportunity? We hope you enjoy this final podcast of 2019, thanks for listening, and have a very merry Christmas. We’ll be back in the next decade.
The team reflect on the big news affecting savers and investors in 2019 including underperforming fund managers, the rise of ESG, divergent paths in tobacco and how billion-dollar unicorns didn’t all gallop ahead. Find out why the post-general election rally of UK stocks has gone into reverse and enjoy a lively debate about Sports Direct’s efforts to go upmarket. Finally don’t miss a fantastic quiz about Neil Woodford’s horse habits and the careers of FTSE 100 bosses among many other topics. Presented by Shares’ Editor Daniel Coatsworth and AJ Bell’s Personal Finance Analyst Laura Suter. This week’s guest is Russ Mould, Investment Director at AJ Bell.
2019 has been a bumper year for bad investments - the unravelling of Neil Woodford's investment empire has left many nursing heavy losses, others have lost money in mini bonds or have money trapped in property funds. Presenter Claer Barrett talks to experts about what people should do if their investments haven't worked. Plus, as we enter the season of goodwill we tell listeners how to talk to their family about money. See acast.com/privacy for privacy and opt-out information.
Merryn and John talk about the Woodford – now Schroders – Patient Capital Trust and whether it is yet investment-worthy; the concept of the totally legit "bezel"; and just what did Neil Woodford do with all his money?
Scrip journalists Andrew McConaghie and Kevin Grogan discuss the rise and fall of British fund manager Neil Woodford, the increase in rare disease transactions across the biopharma sector, as well as the ups and downs of Brexit, and what it means for the life science industry.
Damien Fahy of moneytothemasses.com talks to Andy Leeks about money. On this week's show Damien discusses the latest in the Neil Woodford saga. What has happened this week and what does it mean for investors? Damien also talks about the rise of the 40-year mortgage and looks at the pros and cons of taking one out. In the final part of the podcast Damien explains what happens to your ISA when you die. Lastly, don't forget to join the Money to the Masses Facebook community group, click here to join the group. Damien's Money MOT - Take yours today 80-20 Investor - Click here to find out more about Damien's 80 20 Investor service Pension Calculator
This week the decision was made to wind down the funds managed by ‘star’ manager Neil Woodford. Listeners have been in touch wanting to know what this means for their money and if they will be able to claim compensation. We discuss with Mark Polson from The Lang Cat Financial Consultancy and Anna Sofat from Addidi Wealth. The Financial Conduct Authority has announced plans to ban the way in which some car retailers receive commission based on the interest rate of the car finance loan they arrange. Good news for consumers? And we speak to a company that allows employees to award themselves a pay increase. Presenter: Ruth Alexander Producer: Alex Lewis Editor: Emma Rippon
The financial press has been dominated this week by former-star fund manager, Neil Woodford. After being sacked from his flagship Equity Income fund, which is being sold off with cash returned to investors, he took the decision to wind up his multi-billion pound fund empire. Coming up in this episode, three lessons for investors following the Woodford demise.
This week, Neil Woodford's painful exit from his investment fund, why your next car deal could offer better value, how unions at Royal Mail have your Christmas plans in their sights and a look ahead to Sajid Javid's first budget in November. All with Martin Bamford and presented with Informed Choice independent financial advisors of Petersfield.
Don’t miss Laura and Dan on how fund manager Neil Woodford’s empire has crumbled. They explain what the latest twists mean for investors in his funds and when they might be able to get their money back. They also debate what the future could hold for him. Discover why we’ve just had a preview for how stocks could behave on a better-than-expected Brexit outcome. And find out how we’re all spending our money in retirement with the result of a fascinating study into pensions. AJ Bell’s Personal Finance Analyst Laura Suter and Shares’ Editor Daniel Coatsworth are joined this week by AJ Bell Senior Technical Consultant Rachel Vahey
Figures show hundreds of children in England and Wales are taking weapons to school - we ask, is enough being done to stop it? Also today, we discuss the significance of Neil Woodford shutting down his investment empire, and how thousands of CVs came to be leaked online.
What does the closure of Neil Woodford’s flagship fund mean for investors?
If you are new to our TwinPetesInvesting podcast welcome. If you are back for more thank you. Please subscribe to our AudioBoom, SoundCloud (https://soundcloud.com/user-479955511) & iTunes (https://podcasts.apple.com/gb/podcast/conkers-corner/id1384481834?mt=2) channels so as not to miss out on future episodes, that could enable you to learn more rewarding investing, trading insights and strategies. Please share these podcasts with like minded investors that you know will find them of interest. In Part 2 of this twelfth podcast the topics & stocks discussed include: How to get very rich slowly; Life changing investment returns; Vodafone #VOD (https://soundcloud.com/tags/VOD) ; Miton Group #MGR (https://soundcloud.com/tags/MGR) ; Charles Taylor #CTR (https://soundcloud.com/tags/CTR) ; Burford Capital #BUR (https://soundcloud.com/tags/BUR) ; IG Group #IGG (https://soundcloud.com/tags/IGG) ; Blue Prism #PRSM (https://soundcloud.com/tags/PRSM) ; Woodford Patient Capital Trust #WPCT (https://soundcloud.com/tags/WPCT) ; Hargreaves Lansdown #HL (https://soundcloud.com/tags/HL) . ; St. James #SJP (https://soundcloud.com/tags/SJP) ; 5G; Artificial Intelligence #AI (https://soundcloud.com/tags/AI) ; Robotic Process Automation #RPA (https://soundcloud.com/tags/RPA) ; Software; Robotics; Warren Buffett; Quality at a reason price #QARP (https://soundcloud.com/tags/QARP) ; Growth at a reasonable price #GARP (https://soundcloud.com/tags/GARP) ; Dividends; Dividend yield; Rule of 72, compounding returns Spin off; Re-based dividends; MelloEvents; MelloLondon; Neil Woodford; Firesales; Number of Profit warnings; Volatility; Macro noises; October/November possible market turbulence; Falling knives; Value Investing; Takeovers/ MNA; Research; Red flags; Mastering your own psychology; Investing/ Trading & more. Are you going to MelloEvents in London on November 12th & 13th (https://melloevents.com/) ? The TwinsPetesInvesting duo will be there with several hundred others. We highly recommend your attendance as it will be a fantastic two day event with a great community of investors, packed full of keynote speakers, company presentations and a great investor networking opportunity. Please get your tickets now and use code ML1950 for half price tickets whilst the offer lasts. The Twin Petes Investing podcast will be linked to and written about on the Conkers3 t.co/LhH02kd9GY?amp=1 (https://gate.sc/?url=https%3A%2F%2Ft.co%2FLhH02kd9GY%3Famp%3D1&token=3e1069-1-1570655983956) and the WheelieDealer wheeliedealer.weebly.com/educational-blogs (https://gate.sc/?url=http%3A%2F%2Fwheeliedealer.weebly.com%2Feducational-blogs&token=d7ca8b-1-1570655983956) websites.
Last week New Model Adviser’s Ollie Smith travelled Manchester to talk to MPs at the Conservative Party Conference. Editor Will Robins dragged Ollie into the studio to find out what he got up to and what policymakers told him about pensions, regulation, Brexit and even Neil Woodford.
In this podcast, Andrew Latto of Fund Hunter and Graham chat about what they look for in shares. The discussion then moves on to funds – what should we look for when investing in funds? And explores the question of what exactly changed when Neil Woodford left Invesco. Please note the important disclaimer which applies…
On this week’s show, personal finance editor Leonora Walters looks at another drastic move from Neil Woodford and the logic behind it.And Ed Smith, head of asset allocation research at Rathbones, tells deputy personal finance editor Dave Baxter what the latest Brexit news means for UK equity investors. See acast.com/privacy for privacy and opt-out information.
Changes in tax rules that will be introduced next year could hit the income of anyone who's self-employed - such as IT experts and business consultants. Editor Simon Lambert, assistant editor Lee Boyce and host Georgie Frost look at why it is being called a 'ticking timebomb' for contractors. Elsewhere, as the PPI deadline fast approaches, what will it mean for banks and consumers – and why you should DIY a claim before it's too late. Things go from bad to worse for Neil Woodford investors, as money will be locked in now until December at the earliest. The Financial Conduct comes in for criticism after failing to warn savers about a scam they knew about for nearly a month resulting in huge financial losses for three of our readers. And John Lewis gives advice on where to stash valuables before heading away with help from six ex-burglars.
Fund manager Neil Woodford sent shock waves through the financial world when he suspended his Equity Income Fund over a month ago. This suspension could continue until December this year, blocking investors from accessing up to £3.5bn of their money In this week's episode of the Which? Money Podcast, James Coney, Money Editor at The Sunday Times, joins Gareth Shaw and host Lucia Ariano for an in-depth look at the Woodford suspension to unravel the investment scandal of the year – and what it means for investors' futures. See acast.com/privacy for privacy and opt-out information.
Kyle Caldwell, deputy editor of Money Observer, brings you the latest fund news, including an update on Neil Woodford’s suspended flagship fund, while ii analyst Dzmitry Lipski introduces ii’s Super 60 funds list and gives a quarterly performance review. This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Past Performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.
In our latest podcast, Money Observer editor Faith Glasgow and staff writer Tom Bailey discuss diversifying your portfolio outside the UK, and Tom selects dividend hero shares in different regions. Deputy editor Kyle Caldwell analyses the Neil Woodford debacle, the implications for Woodford Patient Capital Trust, and opportunities for bottom-fishers. Finally, the podcast also explores the philosophy behind momentum fund investing.
You trust financial professionals to grow your long term savings and pension pot. But how do you know if they are investing it wisely? The UK investment industry is awash with complicated terms and conditions, and unclear and sometimes high charges, which can eat into your monetary returns. The woes of star fund manager Neil Woodford, who has temporarily frozen one of his funds to its investors after poor performance, highlights just how complicated an industry it is. Is some clarity starting to emerge? Evan Davis and expert guests look under the bonnet of the UK investment industry. Guests: James Anderson, partner at Baillie Gifford, who jointly manage the Scottish Mortgage Investment Trust Bella Caridade Ferreira, chief executive and founder of Fundscape Sean Hagerty, managing director of Vanguard Europe Producer: Lesley McAlpine
The FTAdviser Podcast is the weekly podcast for financial advisers brought to you by FTAdviser.com. In this week's episode Brian Dennehy, chartered financial planner at Dennehy Weller and head of FundExpert, and David Baxter, deputy editor of Asset Allocator and Money Management, discuss the suspension of the £3.7bn Woodford Equity Income fund and what it means for advisers and discretionary fund managers. They also discuss how it impacts Neil Woodford’s other funds. See acast.com/privacy for privacy and opt-out information.
t’s been more than a month since Britain’s most high profile fund manager Neil Woodford was embarrassingly forced to close the doors to his flagship fund. Since then, investors have been unable to sell out and this week - after the first 28 days of closure rolled round - Woodford Equity Income locked savers in for another four weeks. Over the past month, Woodford, his business, its associates and the entire fund management industry have been thrown under the spotlight, but ultimately, will all this fuss and fiasco make any difference? On this week’s podcast, Simon Lambert, Georgie Frost and Alex Sebastian look at what next for the investment world, what has changed and whether once the noise dies down it will simply be back to business as usual. Can we learn anything from the Woodford mess? Are there other investments we should be looking at? Is this just another reason to ditch active management for passive funds? Will we still continue to love our star managers? All this and more comes under the microscope, as the team look to Woodford and beyond and consider the business of making money from making other people’s money.
Merryn and John talk about currency wars; central-bank dovishness and the consequences for the markets of ultra-low interest rates; more on Poor Neil Woodford and his still-shuttered fund; the trials of socially responsible investing; and a new stock exchange for Scotland.
An inquiry has been launched into the potential mis-selling of leasehold properties. The Competition and Market Authority are aiming to shed light on potential misleading practice and unfair terms to better protect people buying a home in the future. What difference could it make to the lives of many whose homes have become unsellable? We speak to some of the British Steel workers persuaded to transfer out of their final salary pension schemes by rogue advisers. This week the Financial Conduct Authority visited Port Talbot to answer some of their questions. Earlier this month, the Equity Income Fund run by fund manager Neil Woodford suspended withdrawals by its investors. We hear from a listener whose money became trapped in the fund despite requesting a withdrawal more than 72 hours before the fund was frozen. And after the BBC announced this week that many over-75's would have to start paying for their licence fee, we find out who will still be able to get it free. Presenter: Paul Lewis Reporter Dan Whitworth Producer: Alex Lewis Editor: Emma Rippon
Much is made of the difficulties faced by first-time buyers to get onto the property ladder, but less talked about is the problem facing second steppers and those looking to downsize. As growing families struggle to afford to move up the property ladder could intergenerational house-swaps be the answer? That's the question editor Simon Lambert, assistant editor Lee Boyce and host Georgie Frost tackle this week. What are the potential stamp duty and inheritance tax traps to look out for, and is it a good idea? Simon debunks the different ways businesses report profits and what to look out for, and updates on Neil Woodford. Lee runs the rule over the top easy-access savings deals as a number now match Marcus Bank's 1.5 per cent rate. Meanwhile, we talk about the plans to protect physical cash, as usage continues to dwindle – that, despite a launch of a new set of Peter Pan 50p capturing the public imagination.
It's more than a decade since the global financial crisis. Central banks have pumped trillions of dollars into the financial system to support markets and the broader economy. But there are warning signs that major risks may be re-emerging in the financial markets. This month, fund manager Neil Woodford suspended trading in his largest fund after rising numbers of investors asked for their money back. Could this highlight a vulnerability in the financial system that runs right through the investment management business? The BBC's Manuela Saragosa and Laurence Knight speak to two veterans of the investment community: Mohamed El-Erian, chief economic adviser at Allianz and former head of Pimco in California; and Lord Paul Myners, the former head of Gartmore in the UK. Both worry that investors are unaware of the risk they are running that they won't be able to access their money when they most need it, and warn that regulators could be blindsided by the next big crisis. Producer: Laurence Knight (Picture: A trading screen flashes red; Credit: Getty Images)
Damien Fahy of moneytothemasses.com talks to Andy Leeks about money. On this week's show we talk about Neil Woodford and the suspension of the Woodford Equity Income fund. We talk about what has happened, what it means for investors and the lessons that can be learned. Pension Calculator Millennial Money Damien's Money MOT - Take yours today 80-20 Investor - Click here to find out more about Damien's 80 20 Investor service
Let's talk Neil Woodford Many of you will know Phil Oakley from the quality of the research, investment articles and investing presentations he has delivered and completed over the years. For those few of you that are not familiar with Phil you can find the comprehensive interview with him here (https://www.conkers3.com/phil-oakley/) that he gave on #CONKERSCORNER of his own insightful journey in the Investment industry and beyond. His insights and knowledge are sought after by institutions and private investors alike. Phil is currently the Associate Editor of the Investors Chronicle magazine. At the time of this interview, Neil Woodford's Woodford Investment Management and Woodford Funds, which had been championed by most investment media, platforms and analysts at launch, is going through an annus horribilis. This has culminated in Neil Woodford/Woodford Funds stopping investors from withdrawing their own money the Woodford Equity Income Fund. This suspension of access to funds has caused outrage and anger from large institutions, private investors and even the Fund Management industry. There is even talk of a potential formal probe by the FCA into the actions taken by the Woodford Funds. In this exclusive interview with Phil, who is a big fan of investing in quality companies over the long-term, we discuss the recent developments at Woodford Funds. In particular, its impact and the lessons learnt, as well as what could and should be done across the Fund industry going forward. Phil also explains how to select high quality stocks and gives examples of some stocks that could have long term growth and resilience. Topics discussed include: Neil Woodford; Woodford Funds; Woodford Equity Income Fund; Assets Under Management; Fee structures; Fund charges; Funds structure; Fund Managers; Dividend paying equities; Unlisted/unquoted equities; Open ended funds; Close ended funds; Stocks; Shares; ETFs Hargreaves Lansdown; Treasury select committee; Platform fees; Marketing; Retail Distribution Review; Trailing commissions; Fees; Times of stress; Risk; Trackers; Active Managed Funds; iShares; Organic growth; Profit margins; Return on Capital Employed/ ROCE; Cashflow; Debts/Deficits; Fundamentals; Importance of research; Psychology; FOMO; Cognitive biases; Thinking Independently; High PE stocks; Moat; Amazon $AMZN; VISA $V; Mastercard $MA; APPLE PAY PayPal $PYPL Diageo #DGE; RM2; Redde #REDD; Dignity #DTY; KIER #KIE; Spirax-Sarco #SPX; Advantages of being a private investor; Run your winners; Learning; Investment Trusts; and more. .............................................................................................................................. Thank you for reading this article, we hope you enjoyed it. Please share this article with others that you know will find it of interest. Are you an institutional investor or private investor? What are your views or opinions on the current situation with Neil Woodford, his funds or the markets at present? Please lets us know. We look forward to hearing from you. You can find more research articles, interviews, podcasts, videos and investment insights on our website (https://www.conkers3.com/) and across some of our social media platforms that include Twitter (https://twitter.com/conkers3) , LinkedIn (https://www.linkedin.com/in/peter-higgins-308749131/) , AudioBoom (https://audioboom.com/channels/4937399) , iTunes (https://itunes.apple.com/gb/podcast/conkers-corner/id1384481834?mt=2) , YouTube (https://www.youtube.com/channel/UCw8ikDa5SMQ-W32UIpSKeVQ) and Facebook (https://www.facebook.com/conkers.corner.1) .
It's been a rocky week to say the least for Britain's most recognisable fund manager Neil Woodford – he suspended trading in his flagship fund, leaving savers unable to access their cash. And we still don't know the future of Sir Philip Green and his Arcadia empire, after a crucial rescue vote was suspended. This is Money assistant editor Lee Boyce, retail reporter Emily Hardy and host Georgie Frost discuss how it has gone wrong for the pair. What has led Woodford to this point, could there be a Financial Conduct Authority investigation, are savers trapped in the fund safe – and can he recover? Arcadia – with brands like Burton and Topshop – could be set to close 50 stores with the loss of 1,000 staff. What is a CVA and why hasn't Sir Philip managed to get a deal approved this week? We also discuss the High Street in general and a worrying set of figures – what can be done to help stop the decline? Elsewhere, we run the rule over a 'bonkers' plan for first-time buyers to raid pension pots for deposits and Lee urges savers to engage with their retirement savings. And we finally manage to get the Pensions Minister to give us a precise figure on how many people may have received incorrect state pension forecasts.
It's been a busy week for the financial press, but for all of the wrong reasons. Neil Woodford's £3.7bn fund flagship Equity Income fund suspended trading following high levels of withdrawals and liquidity concerns. In this episode, I'm seeking to make sense of what happened to Neil Woodford, unpicking some of the key lessons from this big investment story.
Neil Woodford, the star fund manager who launched his own equity fund five years ago, was forced to halt withdrawals from his Equity Income fund last week - FT Money's deputy editor talks to investment reporter Kate Beioley about what went wrong. Next up, listeners hear how to become a Youtube millionaires, and what your choice of wristwatch says about you. See acast.com/privacy for privacy and opt-out information.
Britain’s best known fund manager Neil Woodford is struggling to save his business after he was forced to freeze his flagship fund because it could not meet withdrawal demands from investors. Patrick Jenkins discusses what went wrong and who will be affected with Caroline Binham and Kate BeioleyContributors: Patrick Jenkins, FT financial editor, Kate Beioley, FT Money reporter and Caroline Binham, financial regulation correspondent. Producer: Fiona Symon See acast.com/privacy for privacy and opt-out information.
Global markets drink the Fed's Kool-aid. And President Trump leaves the UK almost as unsure about the attractions of a post-Brexit US trade deal as he himself seemed to be about demanding NHS access. Neil Wilson, chief markets analyst at markets.com, is joined by Mike Ingram chief investment strategist and host Nigel Cassidy for a canter through the weeks most notable market events. Plus can financial genius last? The trio assess the impact of the fall from grace of the once revered City fund manager Neil Woodford. Last in the currewnt series -- thanks for listening.
This week, John and Merryn talk - inevitably - about the fallout for investors and the wider wealth management industry from "poor" Neil Woodford's spectacular fall from grace. Plus, a quick plug for Merryn's Edinburgh Festival show.
Neil Woodford has suspended his fund for trading and we explore the sequence of events that has led to the downfall of one of the UK's most celebrated fund managers. See acast.com/privacy for privacy and opt-out information.
This week’s podcast explains how Neil Woodford has become front page news and what could happen next for investors in his funds. The team also discuss a new financial education initiative and why the regulator is getting tougher on P2P lending in a bid to protect inexperienced investors. AJ Bell Personal Finance Analyst Laura Suter and Shares Editor Daniel Coatsworth are joined by AJ Bell fund expert Ryan Hughes.
In today's headlines: South Africans are reeling from the news that the economy shrunk in the first quarter of this year. Analysts have blamed Eskom power cuts for hammering manufacturing, mining and agricultural output. Eskom has more than $30bn in debt and is believed to be the biggest threat to the economy, according to Goldman Sachs, but it isn’t the only state-owned enterprise dragging down the South African economy. At least seven state companies are, as public enterprises minister Pravin Gordhan put it in February, “either on their knees or touching carpet”. Former Rand Daily Mail editor Raymond Louw has died, shortly after his wife Jean. Louw was 91. President Cyril Ramaphosa was among the first to offer his condolences. Barloworld’s Khula Sizwe public offer closed on Tuesday after being oversubscribed. The funding target of R16m for the black economic empowerment scheme was reached, with more than 50,000 applications received The big movers on the JSE on Tuesday were Goldfields, which jumped more than 6%, and Massmart, which dropped more than 4%. Making global headlines: US President Donald Trump stirred up controversy in the UK, where he indicated that Britain’s National Health Service would be fair game in trade negotiations with the US after Brexit - but he later backtracked. Grabbing as many headlines in the UK as Trump was Neil Woodford, an asset manager described as Britain’s answer to Warren Buffett. The UK’s rock star fund manager has found himself at the centre of a crisis. Late on Tuesday, the rand was trading at around R14.85 to the US dollar, and R18.85 to the British pound, while R16.70 was buying one euro.
Ollie Smith is joined by veteran Citywire journalist Dan Grote to discuss the plight of fund manager Neil Woodford.
Many people say they would like to have a crack at a Grand Design of their own – or even a more modest one – but finding somewhere to build it is a problem. That’s why despite self-builders typically turning an immediate paper profit of 15 to 30%, according to specialist BuildStore, not many of us take the plunge. Things could be about to change for the better, however, as keen to encourage more people to self-build the Government has told councils to launch Right to Build registers and make land available. On this week’s podcast, Simon Lambert and Georgie Frost dive into the world of building your own home and look at whether the plan to raise self-build’s profile will work or fizzle out. From finding a plot, to using an architect, and getting involved yourself or employing someone to build it for you, they discuss how to do – and the barriers that may stand in your way. Plus Simon reveals how both his parents and his uncle - on separate occasions - went down the self-build route. Also on this week’s podcast, the team look at whether pensioners should get a stamp duty break and if you can sell your home for less than it’s worth to avoid equity release and care costs. Neil Woodford’s claim that his strategy will come good is in the spotlight and Simon reflects on whether sticking with his Woodford investments was a wise move. And finally, Britain’s car buyers may love an SUV but we reveal why choosing one will hit your pocket harder than a good old fashioned estate car.
This week we explain why star fund manager Neil Woodford has been shifting things around, we explain why Norway’s oil investment decisions are part of a broader environment, social and governance trend, learn how to donate shares to charity and discover why we’re shunning envelopes in favour of popcorn (and how that relates to money). Shares’ Editor Daniel Coatsworth and AJ Bell’s Personal Finance Analyst Laura Suter are joined this week by AJ Bell head of active portfolios Ryan Hughes.
Bull, bear, tortoise or hare – now foxes and hedehogs too. Not a new children’s book but a valuable market analogy according to money editor Claer Barrett and guests. Also this week,Merryn Somerset Webb on what the move from QE to QT means for investors, and finally Neil Woodford’s week of woe. See acast.com/privacy for privacy and opt-out information.
Merryn and John talk about how bull markets die, where we really are in the current one, and whether we could in fact be in the foothills of a massive upsurge in productivity (and how to invest in it if we are). Oh, and poor Neil Woodford. Again.
Welcome to the podcast from Morningstar UK, the leading provider of independent investment research. This week we discuss the somewhat volatile start the markets have had in 2018, what investors should do during these periods of uncertainty and what opportunities there are during these times. Let’s get straight into our main topic, Emma Wall, senior editor for Morningstar.co.uk and Killik & Co's Rachel Winter discuss why stock market volatility is a good thing, and how investors can take advantage of the fall by viewing it as a buying opportunity. Up next, Morningstar Investment Management's Dan Kemp urges investors to ignore the market noise and focus on their long-term goals. He offers 3 tips for riding out periods of stock market volatility. What are the Triggers for Stock Market Volatility? While it is near impossible to accurately predict stock market movements, there are warning signs investors can look for which could cause increased volatility says Tai Hui - Chief Asia Market Strategist, JP Morgan So how does one invest in a volatile market? Even though Global stock markets have made up the losses from earlier in the year, investors should prepare for increased volatility in 2018 warns our next guest, Thomas Poullaouec, Head of Multi Asset Solutions for T. Rowe Price. Up next, Morningstar Investment Management's Cyrique Bourbon examines the recent poor performance of UK equity income fund manager Neil Woodford. What should investors holding Woodfords fund do? Market volatility can spring up pockets of opportunity, Russia for example has the potential to significantly outperform other stock markets and is currently 40% cheaper than other emerging markets. Cyrique Bourbon stays with us on the podcast to explain more. Another opportunity worth looking at is India. The International Monetary Fund has predicted India will drive global growth in 2018, and Prime Minister Modi has made bold promises. What does it mean for investors? Joshua Crabb, Head of Asian Equities of Old Mutual Global Investors is our final guest on today’s podcast and speaks with Emma wall on whether India can live up to Modi’s Hype. Subscribe to our podcast on itunes: https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2 http://www.morningstar.co.uk
John and Merryn mull over another eventful week in the markets. This week, they talk about the "great rotation" - the shift in the bond markets and how that will affect equities – plus inflation and the spectre of the 1970s. Also, private equity, charities, poor old Neil Woodford and much more.
Welcome to the 27th CONKERS’ CORNER recorded on the 5th August 2016. In this interview I have the pleasure of speaking with @PaulJKavanagh1 Paul Kavanagh the CEO and founder of Patronus Partner: a discerning, accessible investment management and stockbroking service that provides a comprehensive approach to investment management. Paul grew up in Shenfield in Essex where, as a young boy doing his paper round he shrewdly noticed, “big houses took the Financial Times”. This married to his love of maths led to him being very keen to leave school without even pursuing A levels, which he was more than capable of doing. He instead took an opportunistic leap into the City of London as a sixteen year old, taking his first job with Extel Financial (EXTEL), where he started off with administration tasks. However within eight months Paul alongside colleagues in the U.S, were tasked with building a Mergers & Acquisitions (MNA) database. Having successfully put the database together his bosses tasked the then eighteen year old Paul, with selling the database and service to all the major institutions in the City of London. This led to Paul holding meetings with all the major partners in the City in the late 80’s and early 90’s. To put this into context, it would be the equivalent of a teenager holding court with a combination of the today’s Anthony Bolton, Neil Woodford and Gervais Williams and many others, on a daily basis! Through his work with the EXTEL MNA research database, Paul ended up providing due diligence on potential acquisition opportunities. It was through this connection that he met Paul Killik and Matthew Orr, the founders of Killik & Co. He joined that firm in 1993, becoming Partner shortly after and enjoying 21 years there. During that time, the firm grew significantly and spawned other businesses including 7 Investment Management, Raymond James Investment Services and Killik Employee Share Services. Paul’s role at the firm included managing clients and assisting the build of Killik Capital, leading the research offering and providing media presence. On a personal level Paul is a high conviction and high risk investor who prefers to invest in AIM stocks. He is often looking for special situations and trading opportunities which will provide him with significant returns. Paul has spent most of his career in the stockbroking industry. With a natural interest in stock market investing, he spent five years writing for the Sunday Times Money section, discussing over one hundred individual businesses in some detail during the 1990’s. Paul went on to be a regular contributor on the investment conference circuit and in the media with the BBC, CNBC, Bloomberg and Sky News. Paul formed Patronus Partners Ltd http://www.patronuspartners.com/ in January 2015 with two former Killik & Co colleagues, Kareem Khouri and John Prior, each of whom has extensive experience in investment management and stockbroking services. Listen now to gain insights into how Paul invests and learn from the lessons in his successful and insightful investing journey.
In this episode of the UK’s leading personal finance podcast, Nick: Discusses a “do-nothing” Budget. Laments the Ashes series and the coldness of Twickenham. Basks in more glowing reviews for the podcast. Discusses calendars in the ever-popular “Relationship Hat-Tip” segment. Talks about how silly it is to make short-term investment decisions. Too many people in financial services make short-term decisions, in the context of decades-long financial plans. This is very sub-optimal. Will we ever learn from previous lessons, or will people still try and drive whilst looking in the rearview mirror? LINKS: Nick’s investment philosophy statement. The Telegraph article on Neil Woodford. ========== Any comments or feedback gratefully received. Likewise with suggestions for future shows. Get in touch with Nick on Twitter or via good old email. AND LEAVE A FIVE STAR REVIEW ON iTUNES - OR ELSE. @HatTipNick info@v2vfp.co.uk www.v2vfp.co.uk
Car scrappage schemes are back. After waiting in vain for the government to launch an official scrappage scheme to get dirty diesels off the road, car makers have taken matters into their own hands. But is this an altruistic move to help replace more polluting cars with greener ones, or are they just trying to flog more cars? These new scrappage schemes have coincided with falling sales of new cars, so you could be forgiven for being cynical, which if we’re going to be honest is exactly what This is Money editor Simon Lambert and deputy motoring editor Rob Hull are. But there’s another important question to tackle, are these scrappage schemes a good deal? Simon, Rob and host Georgie Frost take a deep dive into them – and the murky world of cars sales and finance. What you probably won’t be buying if you take advantage of a scrappage scheme is an electric car – but wait a few years and your next one could be. There’s been a string of news on this and in a show that goes more than a little electric we take a look at what the future holds. Will it be Nissan’s new £20,000 Leaf that wins out, Jaguar’s plan to offer every model with an electric or hybrid version, or could it even be a Dyson car that storms the market? If you’d prefer to go a bit off the beaten track and electric motorbike with a detachable battery you can charge in your office might even be the answer. Rob spent a week with a Super Soco to test out that theory and reports back here. And what about your house? This week we told the story of Darren Widdowson, from Northamptonshire, who decided to try generating his own electricity with solar panels and a battery storage unit from Ikea. He now pays just £4.50 every month for electricity to power his home and electric car. Also on this week’s show we look at the case where This is Money’s Tanya Jefferies won £7,000 back from HMRC for a couple who paid to bump up their state pension and then discovered that wasn’t possible and we ask if Neil Woodford, once one of the best performing fund managers in the UK, has lost the Midas touch. And finally, would giving your house a nice name add to its value – and exactly what are the rules on this? We explain what you need to do if you fancy calling your home Trevor, Nigel, or Dunroamin.
Investing through a limited company has become exponentially more popular over the last couple of years – but there are aspects of limited company investment that you're normally not told. In this episode we bring together our own experiences and observations to shed some light on: The higher costs associated with limited company lending The time you can expect an application to take (and some corrective action that might be needed) The extra steps you'll need to take, compared with individual applications Some points to be aware of as a result of the market being so new None of this is intended to put you off: just to encourage you not to rush blindly into something without getting the right advice, and give you some pointers for what to expect along the way. RESOURCE OF THE WEEK This episode is about some of the little-known details, but we've also put together a course about the bigger picture aspects of limited company investing. It's completely free, and you can watch it here NEWS THIS WEEK Superstar fund manager Neil Woodford has had a rough year – and he's trying to turn it around by buying into property shares, as reported in the FT. This doesn't mean you should blindly pile in too – but it might give you encouragement that he clearly believes in the health of the sector. JOIN THE CONVERSATION Is there anything you wish you'd known before buying in a limited company? Any experiences that other investors could learn from? We'd love to know, so join the discussion in The Property Hub! IF YOU ENJOYED THE PROPERTY PODCAST, PLEASE LEAVE A REVIEW ON ITUNES Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air. If you'd like to hear your name on the show, leave us a review on iTunes here. Not sure how to leave a review? This video shows you how to review and subscribe on iTunes. See omnystudio.com/listener for privacy information.
On this week's show Ben Yearsley, director at Shore Financial Planning, joins the team to assess the merits of some major changes Neil Woodford has made to CF Woodford Equity Income Fund. They also consider the implications of the takeover of an ETF provider, and whether it is a good idea to manage your portfolio via your smartphone. See acast.com/privacy for privacy and opt-out information.
In this week's personal finance podcast Laura Foll, co-manager of Lowland Investment Company, explains where best equity income opportunities in the UK market currently are. The team also look at what star manager Neil Woodford's new fund will offer and another potential change at Alliance Trust. See acast.com/privacy for privacy and opt-out information.
The team discuss the pensions tapered annual allowance, Neil Woodford's move to scrap research fees and whether or not a new China index and ETF solves a stock price paradox. Deputy personal finance editor Kate Beioley and deputy personal finance writer Emma Agyemang are joined by Mike Morrison, head of platform technical at AJ Bell and Adam Laird, passive investment manager at Hargreaves Lansdown. See acast.com/privacy for privacy and opt-out information.
In this week's personal finance podcast Leonora Walters and Kate Beioley discuss how to choose an Isa and star manager Neil Woodford's market views. Kate also interviews Ben Seager-Scott, director, investment strategy at Tilney Bestinvest, on the merits of smart beta ETFs. See acast.com/privacy for privacy and opt-out information.
Big changes are being made to the pensions lifetime allowance and annual allowance in April 2016. In this episode of the Informed Choice Podcast, Martin talks about these important changes for pension savers and what you can do about them. There is also a roundup of the latest personal finance new and an update from the world of Informed Choice. Lifetime allowance and annual allowance changes in April 2016 The lifetime allowance is a limit on the total amount of pension benefit that can be drawn from all pension schemes, either as a lump sum or retirement income, without paying an extra tax charge. It currently stands at £1.25m and is being reduced to £1m on 6th April 2016. People with large pension funds or large pension benefits have some options to consider for protection against this lifetime allowance reduction. In the podcast, Martin talks about Individual Protection 2016 and Fixed Protection 2016, and how these two forms of protection works. The annual allowance is the maximum you can save into a pension fund and receive tax relief. For the 2015/16 tax year, this is £40,000. It’s also possible to carry forward any unused annual allowance from the previous three tax years. From April 2016 onwards, higher earners will have a restricted annual allowance. The annual allowance will be tapered down from £40,000 to £10,000, depending on the level of earnings. Personal finance news update -Star fund manager Neil Woodford says Leaving the EU would not necessarily damage the UK economy. -Official figures have confirmed the UK economy grew by 0.5% in the final quarter of last year. -Lloyds Banking Group has paid a surprise £2bn dividend to investors, boosting shares by 13.6%. -Royal London has warned that the Budget on 16th March could amount to ‘daylight robbery’ if the Chancellor replaces the current system of pension tax relief with a pension ISA or a low flat-rate of tax relief for all. -Average house prices have increased by more than the average employees net earnings in more than a quarter of local authority districts across the UK over the past two years, according to the latest Halifax research. Martin and Informed Choice Martin Bamford is a Chartered Financial Planner, Chartered Wealth Manager and SOLLA Accredited Later Life Adviser. As Managing Director of Informed Choice, the award-winning firm of Chartered Financial Planners in Surrey, he is responsible for nearly £200m of client assets. Martin is the author of several bestselling personal finance books and produced his first feature-length documentary in 2014, about the post-war Baby Boomer generation in retirement. “Bamford excels at making even the dullest topics interesting” – Pensions Management Visit www.icfp.co.uk to find out more about Informed Choice, or follow us on Twitter at www.twitter.com/informedchoice. Follow Martin on Twitter at www.twitter.com/martinbamford or email him at martin@icfp.co.uk.
Neil Woodford - Jazz Shapers with Mishcon de Reya
Personal finance editor Moira O'Neill discusses how rate hikes could affect your portfolio, fund switches to crystallise losses and takes a look at one of Neil Woodford's favoured shares See acast.com/privacy for privacy and opt-out information.
Moira O'Neill and guests discuss Neil Woodford, Absolute Return bonds funds and more See acast.com/privacy for privacy and opt-out information.
Jonathan Eley and guests discuss the plight of payday lenders subject to tighter regulation, lending in the first year after the mortgage market review, and whether enthusiasm for Neil Woodford's small cap investment trust is justified See acast.com/privacy for privacy and opt-out information.
Stock markets in New York and London are sitting close to record highs - if the Dow is your guide then we are living in the best of times. But it doesn't feel like that in the real world, what with the Eurozone crisis, a host of geopolitical uncertainties and frightening levels of global debt. Hardtalk speaks to Neil Woodford, Britain's most successful investor of recent years. Is this a time for economic confidence, or caution?(Photo: Neil Wooford, head of investment, Woodford Investment Management. BBC copyright)
Jo Cumbo explains why the government's pensions guidance guarantee is not quite what it seems. Also in the show, David Oakley talks about the prospects of Neil Woodford's new fund, and Jason Hollands of Bestinvest explains the performance of frontier markets See acast.com/privacy for privacy and opt-out information.
If you're one of the tens of thousands of investors who hold funds managed by Neil Woodford, what should you do as he announces his departure? Ministers say no-one should have to sell their house to fund social care. But can we believe them? And the lessons to be learned from the Earl of Cardigan's unsavoury spat with his trustees See acast.com/privacy for privacy and opt-out information.